ACT Laboratories Acquires CDX Analytics
September 28, 2022
ACT Laboratories, Inc. has agreed to acquire CDX Analytics, LLC to expand its cannabis and hemp testing footprint into Massachusetts. ACT Labs — majority owned by Intrinsic Capital Partners — said the deal (subject to Massachusetts regulatory approval) will extend its multistate laboratory network and enhance capacity and scientific capabilities for local cultivators, processors and dispensaries.
- Buyers
- ACT Laboratories, Inc., Intrinsic Capital Partners
- Targets
- CDX Analytics, LLC
- Platforms
- ACT Laboratories, Inc.
- Industry
- Healthcare Services
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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