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Monday, Jul 15, 2024
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Cannalysis Gets $22.6M

Santa Ana-based Cannalysis said it’s raised $22.6 million in Series A funding from CanLab, a cannabis testing network.

The company plans to use funds to double the size of its headquarters, expand in other states and continue researching its robotics and data-automation testing services and operations.

Founded in 2015 by Chief Executive Brian Lannon, Cannalysis is a state-licensed cannabis and hemp testing lab. The Business Journal in July reported it had built its own system to test cannabis for California compliance.

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