Multi-state Cannabis Testing Network ACT LAB is a key player in the Cannabis and Hemp testing industry, offering critical lab testing services to licensed cultivators and processors across multiple states. This presents an opportunity for sales expansion by targeting clients in various states looking for high-quality testing services.

Quality Systems Equivalent to Pharmaceutical Standards The company's quality systems exceed industry requirements, aligning closely with standards seen in the pharmaceutical sector. This differentiation in quality assurance can be leveraged as a selling point to attract clients who prioritize scientific integrity and premium testing services.

Acquisition of Green Scientific Labs Assets Following the acquisition of assets from Green Scientific Labs Holdings Inc., ACT LAB has further strengthened its position in the legal cannabis and hemp markets. Sales teams can capitalize on this expansion to target the client base previously serviced by Green Scientific Labs.

Partnership with SC Labs Inc. The partnership with SC Labs Inc. signifies a collaborative effort to enhance the reliability of cannabis testing in the U.S. Sales development representatives can explore joint solutions and cross-selling opportunities with SC Labs Inc.'s network to broaden market reach and customer base.

Revenue Range of $10M - $50M With an annual revenue in the range of $10 million to $50 million, ACT LAB demonstrates financial stability and growth potential. This financial health can be utilized as a selling point to assure prospective clients of the company's longevity and reliability as a testing partner.