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Oct 25, 2018Pharma and Food Testing GMP Lab with Cannabis License Ready to Exploit Expected $1.5 Billion Emerging Canadian Cannabis Testing Market - Great Opportunity to Get Into Cannabis Testing Early On

A great opportunity to buy or partner with this Canada-based GMP laboratory with coveted Cannabis testing license (includes both, Controlled Substances License, and Precursor License) and also specializing in pharmaceutical, cosmetics, food, and natural health products analysis. It is one of only about 50 commercial Labs currently licensed to test cannabis, and only one of a handful labs that also is GMP lab with Health Canada and US FDA licenses to be able to test pharmaceutical, food and cosmetic products. The cannabis testing market in Canada is expected to be a $1.5 Billion testing market. To get the license from scratch, including getting Health Canada and US FDA GMP licenses, it may take up to 18-24 months. Priced at Canadian $6 million (USD $4.6M) on the strength of its cannabis and Health Canada and US FDA License. Also currently has about $700K of annual revenue.

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