Profitable and Growing Cannabis & Hemp Testing Laboratory

Seller Financing Available

Opportunity to acquire a leading cannabis testing laboratory in Southern California. Seller is also open to discussing investment opportunities. One of a select group of established labs with a consistent track record of strong financial performance and highly loyal customer base. Its significant YTD revenue increase from 2023 shows that as the California cannabis testing lab market continues to rationalize, this lab is poised for significant growth in the next few years. This exceptionally well-run lab is capable of performing the complete range of California cannabis testing and is fully compliant with the California Department of Cannabis Control’s (DCC) new standardized cannabinoids test method and standardized operating procedures. ISO accredited and equipped with top line Shimadzu and Agilent instruments. The staff is highly experienced in cannabis testing procedures and all of the testing methods are validated. There is a comprehensive set of SOP’s that define the testing methods, overseen by rigorous quality standards. In addition, the lab offers environmental monitoring and related services. Located in proximity to major freeways, the lab services customers throughout California. With the labs’ strong reputation for reliability and quality, it has an established customer base with very low turnover. As the California cannabis testing lab market continues to rationalize, this lab is poised for significant growth in the next few years. For a buyer interested in acquiring a testing lab that needs very little attention to operate and would show highly favorable returns on additional sales and marketing effort, this is the right opportunity. NDA and POF required.