Tech-2556: Fast-Growing Cannabis Testing Lab in Northwest For Sale

Outstanding Margins – Rapid Growth – Limited Local Competition – Great Growth Potential

This six-year-old Cannabis testing lab is an independent, full-service analytical lab with impressive year-to-year growth, lean operations, and solid profit margins. It is one of only a handful of full-service Cannabis labs in the State and only one of two in the local area where most of the farmers are.

The Lab has accreditations and licenses to test medicinal and recreational Cannabis. The Lab comes debt-free. The Lab analyzes medicinal and recreational marijuana to ensure that the products comply with and exceed the highest industry standards.

The Lab offers a full compliance analytical test package for usable marijuana, extracts/concentrates (for cannabis flower, concentrates, tinctures, pre-rolls, gummies, etc.), and individual tests for pesticides, potency, residual solvents, water activity, 42 Terpene profile, mycotoxins, and moisture content.

It will take about 18-24 months for someone to start such a lab from scratch, get validated for all the tests this Lab does, and get all the licenses.

Reason For Sale

The owners have developed severe health issues and would like an experienced buyer to take over the lab and grow it.

Financial Highlights

The table below shows a summary of the past three years’ financials.



  (All figures are in USD) FY 2022 FY 2021 FY 2020 FY 2019
  Gross Revenue 2,000,000 1,534,325 1,322,042 1,124,365
  % Growth 30.4% 16.1% 17.6%  
  Adjusted EBITDA*


$1.3M 1,285,517 1,061,695 879,934

* Note: The current owners have run the lab efficiently and frugally. For 2022, we have adjusted EBITDA for the buyer by deducting additional expenses worth $400K for more staff and maintenance service after accounting for the two owners’ salaries

Asking Price

The asking price is at $3.4M, a very low 2.6 Multiple of EBITDA, for a fast close due to the declining health of the owners. The Lab is offered Debt-free.

When inquiring about the lab, kindly inquire with your business email, and please provide some information about your company and your background.

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

[contact-form-7 id='5594' title='Untitled' ]
Lab sampler