Cannalysis Raises $22.6M in Series A Funding

cannalysislabsCannalysis, a Santa Ana, California-based ISO accredited and state-licensed cannabis testing laboratory, raised $22m in Series A funding.

CanLab made the investment.

The company intends to use the funds to:
– double the size of its headquarters,
– expand its presence into additional states and
– continue to scale its advanced robotics and data-automation testing services and operations.

Founded in 2015 by Brian Lannon, CEO, Cannalysis is an ISO/IEC 17025 accredited and state-licensed cannabis and hemp testing laboratory headquartered in a facility in Santa Ana, CA.
Through its online portal, cultivators and manufacturers can monitor testing progress and access its APIs to automate the flow of data between third-party platforms, like Weedmaps, and integrate directly with internal ERP systems.
Cannalysis also provides its customers with value-add tools and services like state-compliant labeling and Ph.D. consultations that help identify and advise on process change and testing parameters to improve processes.

FinSMEs

18/09/2019

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