Difference between revisions of "Vendor:Gala Pharmaceutical, Inc."
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{{ | {{Infobox company | ||
== | |company_name = '''Gala Pharmaceutical, Inc.''' | ||
|company_logo = | |||
|company_type = Incorporated | |||
|traded_as = | |||
|industry = Laboratory testing | |||
|genre = | |||
|fate = Unknown | |||
|predecessor = | |||
|successor = | |||
|company_slogan = | |||
|foundation = | |||
|founder = | |||
|defunct = ~2021 | |||
|location_city = 18881 Von Karman Ave., Suite 1440, Irvine, California | |||
|location_country = U.S. | |||
|locations = 1 | |||
|area_served = California | |||
|key_people = Michael Kaltenthaler, Maqsood Rehman | |||
|products = | |||
|production = | |||
|services = Chemical and genetic testing of plants; consulting | |||
|revenue = | |||
|operating_income = | |||
|net_income = | |||
|aum = | |||
|assets = | |||
|equity = | |||
|owner = | |||
|num_employees = | |||
|parent = | |||
|divisions = | |||
|subsid = | |||
|homepage = [https://www.galapharmaceuticals.com GalaPharmaceuticals.com] | |||
|linkedin = | |||
|footnotes = | |||
|intl = No | |||
}} | |||
'''Gala Pharmaceutical, Inc.''' was set to perform chemical and [[Genetics|genetic]] ''[[Cannabis]]'' [[laboratory]] testing, as well as provide consulting and training services<ref name="GPService">{{cite web |url=https://www.galapharmaceuticals.com/services/ |title=Services |publisher=Gala Pharmaceutical, Inc |accessdate=03 May 2019}}</ref>, possibly as "Gala Analytical." However, something happened to the company, appearing to have halted any forward plans by late 2020. | |||
==History== | |||
The company was formally founded in Nevada in March 2010.<ref name="NVSearch">{{cite web |url=https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=u5TAJ3s0dEMLzKh8dRzvYQ%253d%253d&nt7=0 |title=Gala Pharmaceutical, Inc. |work=Nevada Business Search |publisher=Government of Nevada |accessdate=03 May 2019 |quote=Search for Nevada business id NV20101256474}}</ref> According to its 10K, Gala "was originally formed to provide garment tailoring and alteration services," but it quickly branched out to [[hemp]]- and ''Cannabis''-based product research and manufacturing.<ref name="SIForm10K19">{{cite web |url=https://www.streetinsider.com/SEC+Filings/Form+10-K+Gala+Pharmaceutical+Inc.+For%3A+Nov+30/15372702.html |title=Form 10-K Gala Pharmaceutical Inc. For: Nov 30 |work=StreetInsider.com |publisher=StreetInsider.com, Inc |date=15 April 2019 |accessdate=03 May 2019}}</ref> Gala Pharmaceutical has since incorporated as a foreign stock in the state of California<ref name="CASearch">{{cite web |url=https://bizfileonline.sos.ca.gov/search/business |title=Business Search |work=California Business Search Database |publisher=Government of California |accessdate=26 July 2022 |quote=Search for entity # 4164269}}</ref> and been approved for a cannabis testing license in the state.<ref name="GNGala18">{{cite web |url=https://www.globenewswire.com/news-release/2018/12/07/1663760/0/en/Gala-Pharmaceutical-Files-State-License-Application-for-Testing-Facility.html |title=Gala Pharmaceutical Files State License Application for Testing Facility |work=Global Newswire |date=07 December 2018 |accessdate=03 May 2019}}</ref> Construction on its new Long Beach ''Cannabis'' testing facility began in March 2019.<ref name="GNGala19">{{cite web |url=https://www.globenewswire.com/news-release/2019/03/14/1753128/0/en/Gala-Pharmaceutical-Starts-Construction-of-Its-Long-Beach-California-Testing-Facility.html |title=Gala Pharmaceutical Starts Construction of Its Long Beach California Testing Facility |work=Global Newswire |date=14 March 2019 |accessdate=03 May 2019}}</ref> | |||
However, by 2021, things appear to have significantly fell apart, for unknown reasons. The company was delinquent in filing paperwork by late 2020 with the state of California, as well as with the U.S. Securities and Exchange Commission, and by 2021, all licensing in the state was nullified, and trading was suspended of the company's shares.<ref name="CASearch" /><ref name="SECGala21">{{cite web |url=https://www.sec.gov/litigation/suspensions/2021/34-91849-o.pdf |format=PDF |title=In the Matter of Gala Pharmaceutical, Inc., File No. 500-1 - Order of suspension of trading |publisher=Securities and Exchange Commission |date=11 May 2021 |accessdate=26 July 2022}}</ref> It remains unclear what happened, but the business is considered no longer operational. | |||
==References== | |||
<references/> | |||
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[[Category: | [[Category:Inactive vendors]] | ||
Latest revision as of 18:59, 27 March 2024
| Former type | Incorporated |
|---|---|
| Industry | Laboratory testing |
| Fate | Unknown |
| Defunct | ~2021 |
| Headquarters | 18881 Von Karman Ave., Suite 1440, Irvine, California, U.S. |
| Number of locations | 1 |
| Area served | California |
| Key people | Michael Kaltenthaler, Maqsood Rehman |
| Services | Chemical and genetic testing of plants; consulting |
| Website | GalaPharmaceuticals.com |
Gala Pharmaceutical, Inc. was set to perform chemical and genetic Cannabis laboratory testing, as well as provide consulting and training services[1], possibly as "Gala Analytical." However, something happened to the company, appearing to have halted any forward plans by late 2020.
History
The company was formally founded in Nevada in March 2010.[2] According to its 10K, Gala "was originally formed to provide garment tailoring and alteration services," but it quickly branched out to hemp- and Cannabis-based product research and manufacturing.[3] Gala Pharmaceutical has since incorporated as a foreign stock in the state of California[4] and been approved for a cannabis testing license in the state.[5] Construction on its new Long Beach Cannabis testing facility began in March 2019.[6]
However, by 2021, things appear to have significantly fell apart, for unknown reasons. The company was delinquent in filing paperwork by late 2020 with the state of California, as well as with the U.S. Securities and Exchange Commission, and by 2021, all licensing in the state was nullified, and trading was suspended of the company's shares.[4][7] It remains unclear what happened, but the business is considered no longer operational.
References
- ↑ "Services". Gala Pharmaceutical, Inc. https://www.galapharmaceuticals.com/services/. Retrieved 03 May 2019.
- ↑ "Gala Pharmaceutical, Inc.". Nevada Business Search. Government of Nevada. https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=u5TAJ3s0dEMLzKh8dRzvYQ%253d%253d&nt7=0. Retrieved 03 May 2019. "Search for Nevada business id NV20101256474"
- ↑ "Form 10-K Gala Pharmaceutical Inc. For: Nov 30". StreetInsider.com. StreetInsider.com, Inc. 15 April 2019. https://www.streetinsider.com/SEC+Filings/Form+10-K+Gala+Pharmaceutical+Inc.+For%3A+Nov+30/15372702.html. Retrieved 03 May 2019.
- ↑ 4.0 4.1 "Business Search". California Business Search Database. Government of California. https://bizfileonline.sos.ca.gov/search/business. Retrieved 26 July 2022. "Search for entity # 4164269"
- ↑ "Gala Pharmaceutical Files State License Application for Testing Facility". Global Newswire. 7 December 2018. https://www.globenewswire.com/news-release/2018/12/07/1663760/0/en/Gala-Pharmaceutical-Files-State-License-Application-for-Testing-Facility.html. Retrieved 03 May 2019.
- ↑ "Gala Pharmaceutical Starts Construction of Its Long Beach California Testing Facility". Global Newswire. 14 March 2019. https://www.globenewswire.com/news-release/2019/03/14/1753128/0/en/Gala-Pharmaceutical-Starts-Construction-of-Its-Long-Beach-California-Testing-Facility.html. Retrieved 03 May 2019.
- ↑ "In the Matter of Gala Pharmaceutical, Inc., File No. 500-1 - Order of suspension of trading" (PDF). Securities and Exchange Commission. 11 May 2021. https://www.sec.gov/litigation/suspensions/2021/34-91849-o.pdf. Retrieved 26 July 2022.
