Growth in Testing Services The company's extensive range of testing services, including potency, terpene analysis, microbial testing, and pesticide detection, presents opportunities to cross-sell additional tests, such as water activity or shelf stability, to existing clients seeking comprehensive cannabis quality assurance.

Regional Expansion Potential With laboratories located in Denver and Pueblo, there is potential to expand sample collection and testing services throughout Colorado, catering to a broader base of licensed cannabis and hemp businesses in emerging markets.

Regulatory Compliance Focus Being licensed and accredited by state and national bodies indicates strong compliance capabilities, which can be leveraged to attract new clients needing certified testing with trusted quality standards, especially as regulations evolve.

Technology and Data Utilization Using advanced tech stacks such as JSON-LD, Google Analytics, and MySQL indicates a data-driven approach; offering clients integrated digital solutions or reporting tools could enhance value and foster loyalty.

Market Entry Opportunities With a revenue range of 1 to 10 million and an ISO accreditation, Nordic Analytical Laboratories can explore partnerships or service agreements with larger industry players like SGS or Eurofins to expand market reach or develop specialty testing packages.