Market Reputation Emerald Scientific has established a strong presence as a dedicated provider of cannabis scientific equipment and supplies, collaborating with notable partners such as MJ Biz Daily, PerkinElmer, and Mile High Labs, which indicates an extensive network and potential for partnership expansion.
Recent Innovations The company's launch of an upgraded website and specialized programs like Emerald Test demonstrate its focus on advancing testing solutions and industry standards, offering avenues to promote complementary products and services in quality assurance and lab testing.
Industry Collaborations Recognition as an Industry Collaborator and partnerships for proficiency testing highlight Emerald Scientific's role in improving cannabis industry quality and safety, providing opportunities to introduce new testing technologies or compliance tools tailored to industry needs.
Financial Scope With revenue estimated between $10 million and $25 million and a small employee base, Emerald Scientific represents a mid-sized, specialized business, making it receptive to targeted, high-impact solutions that support scaling, efficiency, or product innovation.
Discontinued Operations The company has announced immediate cessation of operations after ten years, indicating a potential need for liquidation services, exit planning, or acquisition opportunities among stakeholders interested in entering or consolidating within the cannabis testing equipment sector.