Adam Jackson
SC Labs, a U.S. cannabis and hemp testing company, has acquired Arizona-based C4 Laboratories for an undisclosed price.
In a Monday statement, SC Labs said that the acquisition allows the company to expand its reach to the Arizona market, bringing the total number of states where the company is licensed and accredited to five: Arizona, California, Colorado, Michigan, and Oregon.
C4 Laboratories was one of the first Arizona cannabis labs to offer testing services for cannabis operators in the state.
“With this acquisition, we can continue to expand best-in-market cannabis testing services and the opportunity to service multistate growers and manufacturers,” said Jeff Journey, CEO of SC Labs.
In regulated cannabis markets, products for sale are required to undergo a series of tests by a state-approved lab to ensure products are contaminant-free and accurately labeled for consumers.
“However, despite regulations, many operators have recently faced rampant allegations of testing fraud across the country, which makes it more critical than ever for consumers to be confident that their products have been tested by science-first labs,” the company said in a statement.
The news comes after SC Labs partnered with ACT Labs and Trustintesting.org to create a new safety and ethics program ” to further ensure that what is on the label is in the package.”
“As a part of SC Labs, we have an exciting opportunity to become the largest cannabis testing platform in the U.S.,” said C4 Labs founder and CEO Ryan Treacy.
“Our combined leverage of top scientists with specialized cannabis testing knowledge and a leadership team of industry experts will allow us to do everything from harmonizing R&D efforts to improving the data experience to pushing for positive regulatory change.”
All C4 Lab employees will join the SC Labs team.
