- Business
- Green Scientific Labs Holdings Inc. Green Scientific Labs Holdings Inc. (GSL.CN) is a Canada-based provider of analytical testing services for the cannabis and hemp industries, operating certified laboratories in Davie, Florida, and Phoenix, Arizona; the company offers comprehensive testing including cannabinoid potency and terpenoid profile analysis, microbiological contaminants detection via polymerase chain reaction technology, pesticide residue screening, heavy metals quantification, residual solvents and mycotoxins evaluation, water activity and moisture content measurement, as well as filth, foreign materials inspection with magnification, and stability testing, all conducted under ISO-17025:2017 accreditation and in compliance with state regulations such as Florida's Certified Marijuana Testing Laboratory license from the Department of Health Office of Medical Marijuana Use. Founded in 2018 through a reverse takeover of its predecessor entity incorporated in 1980, Green Scientific Labs Holdings serves state-licensed growers, product formulators, processors, distributors, and retailers across the United States, with a primary focus on ensuring product quality, safety, and standardization for consumers in the medical marijuana and hemp markets. In a significant recent development, ACT Laboratories acquired the company's Florida operations and related assets in 2023, integrating key personnel such as its former chief compliance officer and lab director while simplifying the business model to core markets; earlier, in 2022, it divested New Jersey and Illinois assets to an undisclosed buyer to enhance operational focus on Florida and Arizona.