ACT LAB Expands Into New Jersey Following Acquisition of Sriven Labs (SV Labs – NJ)

August 4, 2026

ACT LAB, a multistate cannabis and hemp testing and compliance laboratory network, announced an expansion into New Jersey. The expansion follows its acquisition of Sriven Labs (SV Labs – NJ), a licensed cannabis testing laboratory serving New Jersey’s regulated cannabis market, and aims to improve local testing capacity and turnaround times while maintaining standardized methodologies.

Buyers
ACT LAB
Targets
Sriven Labs (SV Labs – NJ)
Platforms
ACT LAB
Location
Michigan, United States
Transaction Type
Addon

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