Cannalysis Raises $22.6M in Series A Funding
Summary
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.
Funding
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