CANNABIS NEWZ
The Wire / Ownership change
OWNERSHIPMississippi

Steep Hill Mississippi, Alchemy Analytics merge to form Southern Precision Analytics

Two testing and analytics firms combine operations in Mississippi's medical cannabis market.

The Cannabis Newz Automated Desk
Machine-written from our data · source: Cannabis Business Times
August 7, 2026 · 12:04 AM ET
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Steep Hill Mississippi and Alchemy Analytics have merged to create Southern Precision Analytics, according to Cannabis Business Times. The move consolidates two testing operations in a state medical market that currently includes two licensed labs among 192 retail locations, 108 cultivation sites, and 41 manufacturers.

Mississippi's medical program has shown modest growth—revenue rose $500K in early 2026 as the patient base expanded—but the market remains constrained by regulatory limits under active legislative debate. Recent bills proposed removing cannabis concentrate caps and expanding patient access, though no final voting timeline is confirmed. The consolidation suggests testing capacity optimization as the program stabilizes.

Watch whether the merged entity pursues additional lab licensing in Mississippi or expands testing services to other states.

Original report: Cannabis Business Times ↗
Written by the Cannabis Newz automated newsroom, grounded in our wire coverage, official state license rosters and market filings — no quotes or facts beyond those sources. Spotted an error? Tell us via your account page.