Item 2.01 Completion of Acquisition or Disposition of Assets.

Effective February 1, 2021, EVIO, Inc. completed the sale of the assets of Smith Scientific Inc. dba EVIO Labs Medford to SSIAC, LLC. The sale was performed in exchange for a combination of cash, assumption of liabilities and forgiveness of debt to Anthony Smith valued at approximately $523,000. The sale was pursuant to the Stipulated Settlement Agreement with the Oregon Liquor Control Commission dated November 19, 2020.

Item 7.01 Regulation FD Disclosure.

EVIO Labs Portland in Tigard, OR continues to provide analytical testing services to cannabis, CBD and hemp producers statewide, as well as hemp and CBD clients nationwide. HempTesting.com customers are being served from our Berkeley, CA and Portland, OR locations. Keystone Labs continues to serve Canadian cannabis, hemp and CBD customers across Canada.





Forward-Looking Statements

Statements contained in this current report that are not statements of historical fact are intended to be and are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Generally, forward-looking statements include expressed expectations of future events and the assumptions on which the expressed expectations are based. All forward-looking statements are inherently uncertain as they are based on various expectations and assumptions concerning future events and they are subject to numerous known and unknown risks and uncertainties which could cause actual events or results to differ materially from those projected. The Company undertakes no obligation to update or revise this current report to reflect future developments except as otherwise required by the Securities Exchange Act of 1934.

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