ACT LAB Completes Expansion Into Florida
Portfolio Pulse from Vuk Zdinjak
ACT Laboratories, Inc. has completed the acquisition of the Florida lab operations and related assets from Green Scientific Labs Holdings Inc. (CSE:GSL). This expansion puts ACT LAB on track to be operational in eight states in the eastern U.S. by year end. The company also confirmed that Rafael Bombonato, former chief compliance officer and interim CEO of Green Scientific, will become vice president of quality for ACT LAB.
July 17, 2023 | 1:43 pm
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Green Scientific Labs Holdings Inc. has sold its Florida lab operations and related assets to ACT Laboratories, Inc.
The sale of its Florida operations could potentially impact Green Scientific Labs Holdings' revenue and market presence in the short term. However, the financial terms of the transaction have not been disclosed, making it difficult to fully assess the impact.
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