$LVGI has signed an LOI to acquire 100% of an Oklahoma operating grow facility with both Indoor and outdoor operations, exclusive to LVGI for 60 days from the signing of the LOI.
Today, LVGI reported it has resumed researching acquisition opportunities for hemp and cannabis testing laboratories after discussions with laboratories in this space. Upon review of the latest research from Grandview Research, it is determined that the global cannabis testing services market size was valued at USD 1.1 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 15.4% from 2020 to 2027.