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.
Location
Massachusetts, United States
Transaction Type
Addon

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