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
- Industry
- Healthcare Services
- Location
- Michigan, United States
- Transaction Type
- Addon
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