emerging industry

8 07, 2021

Item 9 Labs’ Cannabis Franchise Opens First Dispensary, with More than Two Dozen Additional Shops in Development

2021-07-08T05:57:38-04:00July 8th, 2021|Tags: , , , , , , |

Unity Rd. Calls Boulder, Colorado Home to its First Franchise Shop; Launches Corporate Acquisition Strategy to Make Cannabis Ownership Turnkey for Franchise Partners.

PHOENIX — Item 9 Labs Corp. (OTCQX: INLB) (“Item 9 Labs” or the “Company”)—a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products—announced today the opening of its first cannabis franchise shop under the Unity Rd. Brand, located in Boulder, Colorado. In addition, the Company has launched a corporate acquisition expansion plan to ease market entrance for new and existing franchise partners.

Father-Son Team Open First Unity Rd. Shop in Boulder, Colorado

The Boulder franchised cannabis shop is locally owned and operated by father-son team Bruce and Nate Wetzel.

“This launch has been years in the making,” said Unity Rd.’s Chief Franchise Officer, Mike Weinberger. “We founded Unity Rd. with the mission of keeping dispensary ownership, and the wealth that comes along with it local. We want to educate and empower owners, while also pumping revenue right back into their communities, but Rome wasn’t built in a day. It’s no secret that opening a dispensary is a lengthy process, and that’s exactly why this opening means so much to our team—it’s a reflection of a lot of hard work, creativity and dedication. Here’s to the first of many.”

Unity Rd. offers the safest route for cannabis entrepreneurs interested in staking their claim in an industry that’s bursting with potential. The dispensary franchisor’s time-tested Standard Operating Procedures (SOPs) and veteran team, with a combined 120+ years of cannabis experience, guide franchise partners through every operational function of the business, whether it’s securing a license or assisting with cash flow, product selection or changing regulations.

Unity Rd. National Expansion Plans & Launch of Corporate Acquisition Strategy

The cannabis dispensary franchise is actively seeking qualified franchise partners interested in developing the brand in states where cannabis is legal for adult-use or medicinal consumption. Currently, Unity Rd. has multiple agreements signed with more than 15 entrepreneurial groups that are in various stages of development nationwide.

In addition to supporting franchise partners in securing dispensary licenses, either through acquisitions or the application process, the Company is seeking corporate acquisitions of existing dispensaries throughout Colorado, primarily in Denver in addition to Front Range and compelling mountain towns, as well as Michigan, Ohio and Oklahoma. The franchisor plans to convert the stores into Unity Rd. shops, operate them internally and sell them to an existing or future Unity Rd. franchise partner. This offers a turnkey solution for entrepreneurs seeking immediate entry into cannabis.

“Our corporate acquisition strategy eases hurdles for newcomers looking to acquire an existing dispensary and keeps ownership in the hands of local owners,” Weinberger said. “We’ll get the stores fully converted into a Unity Rd. shop, train the team and oversee operations so franchise partners have a seamless transition to ownership.”

Already, Unity Rd.’s Director of Franchise Operations, Jennifer Zarezadeh, has relocated to Denver to support the Wetzels and oversee future Unity Rd. operations.

Through the franchise model, the Company creates a capital-efficient method for retail and product expansion, focus and clustering of operations, which results in a network effect to launch the Unity Rd. and Item 9 Labs brands into new markets. As the Unity Rd. dispensary footprint continues to expand nationally, the Company plans to develop or partner with cultivation facilities in states where retail shops open to bring Item 9 Labs products to the market. This gives Unity Rd. franchise partners first access to a consistent, premium product supply chain.

“Bringing Item 9 Labs to our retail markets gives Unity Rd. the national product consistency that consumers have come to expect from franchise brands,” said the Company’s CEO Andrew Bowden. “It also eases new market product entry with a built-in distribution platform that will bring Item 9 Labs across the US.”

About Item 9 Labs Corp. 
Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.

30 06, 2021

Unity Rd. Opens First U.S. Dispensary Franchise in Boulder, Colo.

2021-06-30T06:24:25-04:00June 30th, 2021|Tags: , , , , , , |

Cannabis Dispensary Franchise Announces Statewide Franchise Expansion Plans through Corporate Acquisitions and New License Opportunities as Cannabis Sales Soar.

BOULDER, Colo. — Unity Rd., the cannabis dispensary franchise from Item 9 Labs Corp. (OTCQX: INLB), is opening its first franchise shop this week in Boulder, Colorado. The Boulder franchise is locally owned and operated by father-son-duo Bruce and Nate Wetzel; Nate relocated from Iowa to Colorado in 2020 to pursue the cannabis business opportunity.

“Our team has been waiting for this moment – this launch has been years in the making,” shared Unity Rd.’s Chief Franchise Officer, Mike Weinberger. “We founded Unity Rd. – a cannabis dispensary franchise – with the mission of keeping dispensary ownership, and the wealth that comes along with it, local. We want to educate and empower owners, while also pumping revenue right back into their communities, but Rome wasn’t built in a day. It’s no secret that opening a dispensary is a lengthy process, and that’s exactly why this opening means so much to our team – it’s a reflection of a lot of hard work, creativity and dedication. Here’s to the first of many.”

Unity Rd. offers the safest route for cannabis entrepreneurs interested in staking their claim in an industry that’s bursting with potential. The dispensary franchisor’s time-tested Standard Operating Procedures (SOPs) and veteran team, with a combined 120+ years of cannabis experience, guide franchise partners through every operational function of the business, whether it be securing a license or assisting with cash flow, product selection or changing regulations.

“We had been looking at the cannabis space for a few years, trying to determine our best entrance that would mitigate the high risk,” said Nate. “We knew that by partnering with a solid franchisor we wouldn’t have to go through the School of Hard Knocks and dug into cannabis franchises. We found a few that were just selling a business plan, no long-term support, and then discovered Unity Rd. The team has a depth of history on both the retail and cultivation side with awards to back them up. We felt most comfortable with Unity Rd. versus other routes into this nascent industry.” 

Colorado Franchise Development Plans & Corporate Acquisition Strategy
The shop is primed for immediate success as Colorado’s cannabis sales recently hit the highest point the state has ever seen, bringing in $2.2 billion in 2020 alone. While it was the first state to legalize cannabis seven years ago, Colorado is still ripe with opportunity. In fact, several cities in Colorado have recently made new dispensary licenses available. The Unity Rd. team is ready to help industry newcomers navigate the licensing process and notoriously complex industry, as well as partner with existing dispensary owners via its Local Alliance Program – providing access to the buying power, resources and supportive network normally reserved for multi-unit operators.  

Unity Rd. is also seeking corporate acquisitions of existing dispensaries throughout the state, primarily in Denver as well as front range and compelling mountain towns. The cannabis dispensary franchise plans to convert the stores into Unity Rd. shops, operate them internally and sell them to an existing or future Unity Rd. franchise partner. This offers a turnkey solution for entrepreneurs seeking immediate entry into cannabis.

“Our corporate acquisition strategy eases hurdles for newcomers looking to acquire an existing dispensary and keeps ownership in the hands of local owners,” Weinberger said. “We’ll get the stores fully converted into a Unity Rd., train the shop team and oversee operations so franchise partners have a seamless transition to ownership.”

Already, Unity Rd.’s Director of Franchise Operations, Jennifer Zarezadeh, has relocated to Denver to support the Wetzels and oversee future Unity Rd. operations.

The cannabis franchise is actively seeking qualified franchise partners throughout Colorado and the U.S. who would benefit from the systems, processes and ongoing support the franchise offers. As it stands, Unity Rd. currently has multiple agreements signed with more than 15 entrepreneurial groups who are in various stages of development nationwide.

To learn more about the Unity Rd. franchise opportunity, contact franchise@unityrd.com, call 720-923-5262 or visit unityrd.com.

ABOUT UNITY RD.

Unity Rd. is bridging the two previously disconnected worlds of cannabis and franchising. The industry trailblazer is the first to bring the cannabis dispensary franchise model to the United States—with duality of prowess in both industries to back it up. Built up from a collective 200 years in the legal cannabis industry and franchising, the company helps eager operators enter the complex industry with ease. The marijuana franchise pioneer offers its partners the knowledge, resources, and ongoing support needed to compliantly and successfully operate a dispensary. Launched in 2018, Unity Rd. has signed multiple agreements with more than 15 entrepreneurial groups across the country. Recently, it was named one of the top cannabis retail leaders in the nation by MJBizDaily magazine and one of the “Best Cannabis Companies to Work For” in both the dispensary and cultivation categories in Cannabis Business Times’ elite 2020 list. The company is also the first cannabis business to earn a Franchise Times Dealmakers award. For more information, visit unityrd.com.

26 05, 2021

Cannabis Franchise Signs Agreement for Michigan, Signaling Statewide Development Plans

2021-05-26T12:55:36-04:00May 26th, 2021|Tags: , , , , , , |

Unity Rd. Targeting Michigan with 20+ Franchises Available as Cannabis Industry Booms and Number of Dispensary Licenses Continues to Climb; Dir. of Education & Training to Share Industry Expertise at MLive’s Cannabis Event on June 17.

DETROIT —  Unity Rd., the cannabis dispensary franchise from Item 9 Labs Corp. (OTCQX: INLB), announced today the signing of its newest agreement alongside expansion plans for the state of Michigan. The brand’s growth strategy is twofold, including both helping interested entrepreneurs enter the complex industry while also partnering with existing dispensary owners via its Local Alliance Program. The expansion is a key function of Unity Rd.’s mission to keep dispensary ownership – and the wealth that comes along with it – local.

Interested investors are chomping at the bit to enter Michigan’s adult-use market, which jumped 482% in 2020 to more than $500 million. In addition to Kevin Waltermire evaluating sites in Michigan for purchase – he recently signed a deal to open multiple Unity Rd. franchises – the brand recently signed an agreement with a mother-son team out of Detroit. Unity Rd. is already helping them plan their strategic market entry, which includes applying for their dispensary license through the city’s Legacy Detroiter program, which gives applicants priority review and 99% discounts on application fees.

Unity Rd. offers the safest route for local cannabis entrepreneurs looking to stake their claim in the fast-growing, complex industry. In addition to offering the franchise opportunity to entrepreneurs who may be new to the industry, Unity Rd. also partners with existing dispensary owners via its Local Alliance Program, providing access to the buying power, resources and supportive network normally reserved for multi-unit operators. Additionally, the dispensary franchisor’s time-tested Standard Operating Procedures (SOPs) and veteran team guide franchise partners through every operational function of the business, whether it be assisting with cash flow, product selection or changing regulations.

“The cannabis industry and all its complexities can be intimidating, leaving even the most capable of investors and operators unsure of where to start,” said Unity Rd.’s VP of Franchise Development Justin Livingston. “As part of the Unity Rd. network, our partners can operate their dispensaries more efficiently – resulting in more time to focus on growing the business rather than managing it. We’re offering the supportive network and tools they need to reach new heights and achieve their business goals.”

The brand is actively seeking qualified franchise partners in target development markets including Ann Arbor, Battle Creek, Bay City, Big Rapids, Detroit, East Lansing, Grand Rapids, Kalamazoo, Marquette and Muskegon who would benefit from the systems, process and ongoing support the franchise offers. Unity Rd. is planning to bring 20-plus franchise locations across Michigan in the coming years. Currently, the franchise has multiple agreements signed with 15 entrepreneurial groups, who are in various stages of development nationwide.

Bursting with potential, Michigan’s cannabis industry continues to grow year after year as statewide adult-use cannabis sales are projected to total upwards of $2.4 billion by 2024. In 2020 alone, Michigan’s combined cannabis sales were $984.6 million, with medical accounting for $474 million and adult-use generating $510.7 million. To support this surge, MLive has launched a series of informative events, called Cannabis Industry Insights. Unity Rd.’s Director of Education and Training, Fay Powell, will be presenting at the upcoming event on June 17, which kicks off at 4:30 p.m. ET. Area residents who are interested in learning more about operating cannabis businesses are highly encouraged to attend the event and can register for free courtesy of Unity Rd. by emailing franchise@unityrd.com for a discount code.

Unity Rd. franchise partners receive even more resources and supply chain connections as the brand was recently acquired by Item 9 Labs Corp., an award-winning cannabis operator. The combination of the Unity Rd. cannabis retail franchise and premium Item 9 Labs products makes Item 9 Labs Corp. one of the first vertically integrated cannabis franchise companies in the nation. Known for its impressive catalogue of products, Item 9 Labs currently offers 75 active cannabis strains and 150-plus differentiated cannabis vape products as well as premium concentrates. As Unity Rd. grows its franchise network, Item 9 Labs plans to develop or partner with cultivation facilities in states where Unity Rd. franchise partners open cannabis retail shops. This move will give Unity Rd. operators front-of-the-line access to a reliable product supply chain.

To learn more about the Unity Rd. franchise opportunity or its Local Alliance Program, contact partners@unityrd.com, call 480-542-9420, or visit unityrd.com.

ABOUT UNITY RD.

Unity Rd. is bridging the two previously disconnected worlds of cannabis and franchising. The industry trailblazer is the first to bring the cannabis dispensary franchise model to the United States—with duality of prowess in both industries to back it up. Built up from a collective 200 years in the legal cannabis industry and franchising, the company helps eager operators enter the complex industry with ease. The marijuana franchise pioneer offers its partners the knowledge, resources, and ongoing support needed to compliantly and successfully operate a dispensary. Launched in 2018, Unity Rd. has signed multiple agreements with more than 10 entrepreneurial groups across the country. Recently, it was named one of the top cannabis retail leaders in the nation by MJBizDaily magazine and one of the “Best Cannabis Companies to Work For” in both the dispensary and cultivation categories in Cannabis Business Times’ elite 2020 list. The company is also the first cannabis business to earn a Franchise Times Dealmakers award. For more information, visit unityrd.com.

7 05, 2021

Item 9 Labs Corp.’s Dispensary Franchise, Unity Rd., Signs New Multi-Unit Franchise Agreement

2021-05-07T10:44:06-04:00May 7th, 2021|Tags: , , , , , , |

Cannabis Dispensary Franchise Continues Rapid Growth Through Strategic Franchise Partnerships; Partners with Experienced Entrepreneur with Development Underway in Michigan and Ohio.

PHOENIXItem 9 Labs Corp. (OTCQX: INLB), a vertically integrated cannabis company, announced today that its dispensary franchise, Unity Rd., has signed a multi-unit franchise agreement with entrepreneur Kevin Waltermire to open three Unity Rd. shops. Due to the industry’s unique business opportunities, Waltermire is seeking immediate entrance by purchasing an existing dispensary to convert into a Unity Rd. as well as applying for dispensary licenses in Michigan and Ohio. The $INLB and Unity Rd. teams are already working to identify potential acquisition opportunities across the two states as part of its support.

Waltermire is no stranger to the cannabis industry. He experienced the value of Unity Rd. first-hand when he played a critical role in developing the brand and shop design as the Director of Business Development for Unity Rd. from October 2018 to March 2020.

“Regardless of your professional background, opening a dispensary is an incredibly complicated and lengthy process,” explained Waltermire. “The Unity Rd. franchise opportunity is the best way to eliminate a lot of the hurdles and ensure compliance and seamless operations. Their team is going to make it so much easier for myself and many others to enter this fast-growing industry.”

Unity Rd. offers one of the safest routes for entrepreneurs looking to enter an industry that boasts high growth potential, helping franchise partners confidently enter the complex cannabis space. Its veteran team passes on their knowledge and trusted resources, as well as provides the ongoing support needed to compliantly and successfully operate a dispensary. With a collective 120-plus years’ experience in the legal cannabis industry, Unity Rd.’s time-tested Standard Operating Procedures (SOPs) guide franchise partners through every operational function of the business.

“Franchising allows those who may not have the knowledge or access to necessary resources to have a viable opportunity to flourish,” said Unity Rd. Chief Franchise Officer Mike Weinberger. “In my nearly two decades in franchising, I’ve never seen an industry quite like this [cannabis] that could benefit so much from the franchise business model. Beyond helping industry newcomers and existing operators find success, franchising is also helping standardize the cannabis industry.”

Unity Rd. franchise partners now receive even more resources and supply chain connections as the brand was recently acquired by Item 9 Labs Corp., an award-winning cannabis operator.

“Having worked in the industry with product brands and dispensaries, I’m very aware of the supply chain issues many dispensary owners run into – I’ve seen it play out right here in Denver. So, when I heard the news of the acquisition and learned how Item 9 Labs would alleviate those pain points, I was sold,” added Waltermire.

The combination of the Unity Rd. cannabis retail franchise and premium Item 9 Labs products makes Item 9 Labs Corp. one of the first vertically integrated cannabis franchise companies in the country. Known for its extensive catalogue of products, Item 9 Labs currently offers 75 active cannabis strains and 150-plus differentiated cannabis vape products as well as premium concentrates. As Unity Rd. grows its franchise network, Item 9 Labs plans to develop or partner with cultivation facilities in states where Unity Rd. franchise partners open cannabis retail shops. This move will give Unity Rd. operators front-of-the-line access to a reliable product supply chain.

Despite economic challenges brought on by the pandemic, the demand for cannabis products surged to unprecedented levels with nearly every state experiencing record sales throughout 2020. Growth is anticipated to continue in 2021 with a big year for cannabis law reform on both the state and federal levels – opening opportunities for the industry to explode, with industry projections to top $24 billion by year-end.

Currently, Unity Rd. has signed multiple agreements with 14 entrepreneurial groups across the country. The total investment ranges from $1 million to $2.5 million, including a $100,000 franchise fee for a single unit or $250,000 for three units. Parties interested in becoming a Unity Rd. franchise partner should have access to a minimum $1 million in liquid capital. Franchise partners may be owner-operators or passive owners with a designated, experienced manager running operations.

To learn more about Unity Rd. franchise opportunities, contact franchise@unityrd.com or 720-923-5262, or visit unityrd.com. For additional information on Item 9 Labs Corp., visit item9labscorp.com.

About Unity Rd.:
Unity Rd. is bridging the two previously disconnected worlds of cannabis and franchising. The industry trailblazer is the first to bring the cannabis dispensary franchise model to the United States—with duality of prowess in both industries to back it up. Built up from a collective 200 years in the legal cannabis industry and franchising, the company helps eager operators enter the complex industry with ease. The marijuana franchise pioneer offers its partners the knowledge, resources, and ongoing support needed to compliantly and successfully operate a dispensary. Launched in 2018, Unity Rd. has signed multiple agreements with more than 10 entrepreneurial groups across the country. Recently, it was named one of the top cannabis retail leaders in the nation by MJBizDaily magazine and one of the “Best Cannabis Companies to Work For” in both the dispensary and cultivation categories in Cannabis Business Times’ elite 2020 list. The company is also the first cannabis business to earn a Franchise Times Dealmakers award. For more information, visit unityrd.com.

About Item 9 Labs Corp.:
Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor, delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.

29 04, 2021

Item 9 Labs to Present at A.G.P. Spring Consumer Cannabis Conference and Benzinga Small Cap Conference in May

2021-04-29T13:05:18-04:00April 29th, 2021|Tags: , , , , , , |

Company executives to highlight how combining the Unity Rd. dispensary franchise with premium Item 9 Labs cannabis products can accelerate national growth.

PHOENIXItem 9 Labs Corp. (OTCQX: INLB) (“Item 9 Labs” or the “Company”), a vertically integrated cannabis dispensary franchisor and operator that produces premium award-winning products, today announced that the Company will participate in the A.G.P. Spring Consumer Cannabis Conference and the Benzinga Global Small Cap Conference in May 2021.

“The U.S. cannabis market is poised for substantial growth,” said Item 9 Labs CEO Andrew Bowden. “Our Unity Rd. dispensary franchise model, combined with our premium Item 9 Labs products, positions us to benefit both financially and geographically. At these conferences, we will discuss how franchising is the most viable national expansion strategy for our Unity Rd. dispensary brand with greatly reduced capital expenditures, resulting in accelerated scale.”

One-on-One Virtual Meetings at the A.G.P. Spring Consumer Cannabis Conference

–          Date: Tuesday, May 4, 2021
–          Interested Investors: Please contact your A.G.P. registered representative

Bowden, Chief Strategy Officer Jeffrey Rassás and Chief Franchise Officer Mike Weinberger will be meeting with investors in one-on-one sessions. The conference features up to 30 select companies in the cannabis industry and will be attended by approximately 200 qualified institutional investment funds from around the world.

Presentation at the Benzinga Global Small Cap Conference

–          Date: Thursday, May 13, 2021
–          Time: 10:10 a.m. EDT
–          Registration Link: https://www.benzinga.com/events/small-cap/global/

Bowden and Weinberger will provide an overview of the Company, including its award-winning Item 9 Labs products, expansion of its cultivation site and other key initiatives. They will also speak in-depth on the value of the recently completed acquisition of ONE Cannabis Group (OCG Inc.) and its dispensary franchise brand Unity Rd., including how the combined offerings can fast-track the Company’s growth in the current favorable regulatory climate.

Designed to bridge the gap between small-cap publicly traded companies, investors and traders, the Benzinga Global Small Cap Conference enables executive leadership of small-cap companies to network and communicate with a broad and diverse global investor base in a virtual setting.

About Item 9 Labs Corp. 

Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.

20 04, 2021

Unity Rd. Pinpoints Oklahoma for Development with 15+ Franchises Available

2021-04-20T11:49:46-04:00April 20th, 2021|Tags: , , , , , , |

Dispensary Franchise Seeks to Share Industry Expertise & Clarity as Dispensary Licenses Outnumber Dispensary Shops; Invites Both Industry Newcomers & Existing Dispensary Owners to Join the Unity Rd. Franchise Network; Entrepreneurs Maintain Full Ownership of Their Business & License While Gaining Direct Access to Resources, Reliable Supply Chain & More.

OKLAHOMA CITYUnity Rd., the first cannabis dispensary franchisor in the nation, announced today its franchise expansion plans for the state of Oklahoma. The brand’s growth strategy is twofold and includes both helping interested entrepreneurs enter the complex industry while also partnering with existing dispensary owners via its Local Alliance Program. The expansion is a key function of Unity Rd.’s mission to keep dispensary ownership – and the wealth that comes along with it – local.

Bursting at the seams with potential, Oklahoma’s cannabis industry continues to grow year after year – more than doubling its 2019 medical cannabis sales to reach a record $831 million-plus in 2020. As of February 7, 2021, the state had registered over 370,000 active patient licenses – roughly 10% of the population. However, it’s clear there’s still hesitancy and confusion around compliant dispensary ownership, as the state has licensed thousands of cannabis businesses, yet only 2,090 dispensaries are open and operational to serve the ever-growing patient population.

Unity Rd. offers the safest route for local cannabis entrepreneurs looking to stake their claim in the fast-growing, complex industry. In addition to offering the franchise opportunity to entrepreneurs who may be new to the industry, Unity Rd. also partners with existing dispensary owners via its Local Alliance Program, providing access to the buying power, resources and supportive network normally reserved for multi-unit operators. Additionally, the dispensary franchisor’s time-tested Standard Operating Procedures (SOPs) and veteran team guide franchise partners through every operational function of the business, whether it be assisting with cash flow, product selection or changing regulations.

“We’re keeping dispensary ownership local and thriving with the backing of a franchise system,” said Unity Rd.’s VP of Franchise Development Justin Livingston. “The Local Alliance Program allows us to help existing dispensary operators learn from the experiences and best practices we’ve developed throughout our collective 120 years in cannabis. We’re offering the supportive network and tools they need to reach new heights and achieve their business goals.”

Unity Rd. is initially targeting Oklahoma City, Stillwater and Tulsa for Oklahoma franchise expansion with at least 15 shops available across the state. The dispensary franchise is seeking partners who would benefit from the systems, process and ongoing support the franchise offers. Currently, Unity Rd. has multiple agreements signed with 13 entrepreneurial groups, who are in various stages of development nationwide.

“As part of the Unity Rd. network, our partners can operate their dispensaries more efficiently – resulting in more time to focus on growing the business rather than managing it,” added Livingston. “It’s all part of our overarching goal to inspire confidence in the benefits of cannabis for all. We truly believe franchising will be the vehicle to help drive the cannabis industry forward – all while arming entrepreneurs across the country with the tools they need to be successful so that ownership and revenues stay local.”

Unity Rd. franchise partners receive even more resources and supply chain connections as the brand was recently acquired by Item 9 Labs Corp., an award-winning cannabis operator. The combination of the Unity Rd. cannabis retail franchise and premium Item 9 Labs products makes Item 9 Labs Corp. one of the first vertically integrated cannabis franchise companies in the nation. Known for its impressive catalogue of products, Item 9 Labs currently offers 75 active cannabis strains and 150-plus differentiated cannabis vape products as well as premium concentrates. As Unity Rd. grows its franchise network, Item 9 Labs plans to develop or partner with cultivation facilities in states where Unity Rd. franchise partners open cannabis retail shops. This move will give Unity Rd. operators front-of-the-line access to a reliable product supply chain.

Despite economic challenges brought on by the pandemic, the demand for cannabis products surged to unprecedented levels with nearly every state experiencing record sales throughout 2020. The year ahead is poised to be big for cannabis law reform on both the state and federal levels – opening opportunities for the industry to explode, with projections to top $24 billion by year-end.

To learn more about the Unity Rd. franchise opportunity or its Local Alliance Program, contact partners@unityrd.com, call 480-542-9420, or visit unityrd.com

ABOUT UNITY RD.

Unity Rd. is bridging the two previously disconnected worlds of cannabis and franchising. The industry trailblazer is the first to bring the cannabis dispensary franchise model to the United States—with duality of prowess in both industries to back it up. Built up from a collective 200 years in the legal cannabis industry and franchising, the company helps eager operators enter the complex industry with ease. The marijuana franchise pioneer offers its partners the knowledge, resources, and ongoing support needed to compliantly and successfully operate a dispensary. Launched in 2018, Unity Rd. has signed multiple agreements with more than 10 entrepreneurial groups across the country. Recently, it was named one of the top cannabis retail leaders in the nation by MJBizDaily magazine and one of the “Best Cannabis Companies to Work For” in both the dispensary and cultivation categories in Cannabis Business Times’ elite 2020 list. The company is also the first cannabis business to earn a Franchise Times Dealmakers award. For more information, visit unityrd.com.

15 04, 2021

Unity Rd. Launches Local Alliance Program to Keep Dispensary Ownership Local

2021-04-15T10:39:59-04:00April 15th, 2021|Tags: , , , , , , |

Cannabis Industry Pioneer and Retail Franchise from Item 9 Labs Corp. Invites Existing Dispensary Owners to Join the Unity Rd. Franchise Network; Entrepreneurs Maintain Their Existing Business & License Ownership While Gaining Direct Access to Resources, Expertise, Ongoing Support, Reliable Supply Chain & More.

PHOENIXUnity Rd., the cannabis dispensary franchise of Item 9 Labs Corp. (OTCQX: INLB), has rolled out its highly anticipated Local Alliance Program. Existing cannabis dispensary owners and dispensary license holders now have the opportunity to partner with Unity Rd. to gain direct access to the tools, expertise and ongoing support necessary to compliantly and successfully operate a dispensary – all while maintaining full ownership of their cannabis business and license.

Unity Rd. offers the safest route for cannabis entrepreneurs looking to claim their stake in the fast-growing, complex industry. Through the Local Alliance Program, existing owners with a dispensary in operation or dispensary license now have access to the buying power, resources and supportive network normally reserved for multi-unit operators. Additionally, the dispensary franchisor’s time-tested Standard Operating Procedures (SOPs) and veteran team guide franchise partners through every operational function of the business, whether it be assisting with cash flow, product selection or changing regulations.

“We’re keeping dispensary ownership local and thriving with the backing of a franchise system,” said Unity Rd.’s VP of Franchise Development Justin Livingston. “The Local Alliance Program allows us to help existing dispensary operators learn from the experiences and best practices we’ve developed throughout our collective 120 years in cannabis. We’re offering the supportive network and tools they need to reach new heights and achieve their business goals.”

Currently, the marijuana franchise has signed multiple agreements with more than 10 entrepreneurial groups across the country. Unity Rd. is initially seeking Local Alliance partners in Colorado and Oklahoma, among other existing new and mature U.S. cannabis markets.

“As part of the Unity Rd. network, our Local Alliance partners can operate their dispensaries more efficiently – resulting in more time to focus on growing the business rather than managing it,” added Livingston. “It’s all part of our overarching goal to inspire confidence in the benefits of cannabis for all. We truly believe franchising will be the vehicle to help drive the cannabis industry forward – all while arming entrepreneurs across the country with the tools they need to be successful so that ownership and revenues stay local.”

Unity Rd. franchise partners receive even more resources and supply chain connections as the brand was recently acquired by Item 9 Labs Corp., an award-winning cannabis operator. The combination of the Unity Rd. cannabis retail franchise and premium Item 9 Labs products makes Item 9 Labs Corp. one of the first vertically integrated cannabis franchise companies in the nation. Known for its impressive catalogue of products, Item 9 Labs currently offers 75 active cannabis strains and 150-plus differentiated cannabis vape products as well as premium concentrates. As Unity Rd. grows its franchise network, Item 9 Labs plans to develop or partner with cultivation facilities in states where Unity Rd. franchise partners open cannabis retail shops. This move will give Unity Rd. operators front-of-the-line access to a reliable product supply chain.

Despite economic challenges brought on by the pandemic, the demand for cannabis products surged to unprecedented levels with nearly every state experiencing record sales throughout 2020. The year ahead is poised to be big for cannabis law reform on both the state and federal levels – opening opportunities for the industry to explode, with projections to top $24 billion by year-end.

To learn more about the Unity Rd. Local Alliance Program, contact partners@unityrd.com or 480-542-9420, or visit unityrd.com.

ABOUT ITEM 9 LABS CORP.:
Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor, delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.

ABOUT UNITY RD.

Unity Rd. is bridging the two previously disconnected worlds of cannabis and franchising. The industry trailblazer is the first to bring the cannabis dispensary franchise model to the United States—with duality of prowess in both industries to back it up. Built up from a collective 200 years in the legal cannabis industry and franchising, the company helps eager operators enter the complex industry with ease. The marijuana franchise pioneer offers its partners the knowledge, resources, and ongoing support needed to compliantly and successfully operate a dispensary. Launched in 2018, Unity Rd. has signed multiple agreements with more than 10 entrepreneurial groups across the country. Recently, it was named one of the top cannabis retail leaders in the nation by MJBizDaily magazine and one of the “Best Cannabis Companies to Work For” in both the dispensary and cultivation categories in Cannabis Business Times’ elite 2020 list. The company is also the first cannabis business to earn a Franchise Times Dealmakers award. For more information, visit unityrd.com.

14 04, 2021

Item 9 Labs to Present at the 2021 Sequire Cannabis Conference on April 20 at 1:30 p.m. ET

2021-04-14T09:52:23-04:00April 14th, 2021|Tags: , , , , , , |

Company executives to showcase their award-winning cannabis products and value-creation with the addition of franchising capabilities through its cannabis dispensary franchise, Unity Rd.

PHOENIXItem 9 Labs Corp. (OTCQX: INLB) (“Item 9 Labs” or the “Company”), a vertically integrated cannabis dispensary franchisor and operator that produces premium products, today announced that CEO Andrew Bowden, Chief Strategy Officer Jeffrey Rassás and Chief Franchise Officer Mike Weinberger will present at the Sequire Cannabis Conference held on April 20, 2021. The virtual event brings together a select group of U.S. institutional investors with leading industry participants in the cannabis space.

Item 9 Labs Presentation at the 2021 Sequire Cannabis Conference

–          DATE: Tuesday, April 20, 2021
–          TIME: 1:30 p.m. Eastern Time / 10:30 a.m. Pacific Time
–          Registration Link: https://cannabis-conference.mysequire.com/

The Item 9 Labs team will provide an overview of the Company, including its award-winning products and franchising capabilities, expansion of its cultivation site and other key initiatives. They will also speak in-depth on the value of the recently completed merger with ONE Cannabis Group (OCG Inc.) and its dispensary franchise brand Unity Rd., and how the combined offerings can accelerate the Company’s growth in the current favorable regulatory climate.

“With consistent, positive advancements in the cannabis industry, the U.S. market is poised for substantial growth,” Bowden said. “We believe our dispensary franchise concept coupled with our premium products positions us to benefit both financially and geographically.”

As the Unity Rd. franchise network expands, Item 9 Labs plans to develop or partner with cultivation facilities in states where Unity Rd. franchise partners open cannabis retail shops. This move will give Unity Rd. operators front-of-the-line access to a reliable product supply chain and eases barriers to entry for Item 9 Labs products in new markets, allowing for increased revenue in product licensing, wholesale, and franchise royalties.

Bowden added, “Franchising is the most viable method for dispensary brands to expand nationally because of greatly reduced capital expenditures, resulting in accelerated scale. Traditional multi-state operators need to fund all business development and expansion, while franchise brands can scale more rapidly at a lower cost because shops are locally owned and operated by their franchisees.”

About Item 9 Labs Corp. 

Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.

8 04, 2021

Item 9 Labs Corp.’s Cannabis Franchise, Unity Rd., Inks Three Agreements for New Jersey Franchise Expansion

2021-04-08T11:18:14-04:00April 8th, 2021|Tags: , , , , , , |

Unity Rd. Accelerates Northeast Development as Industry is Poised for Substantial Growth with Legalization.

NEWARK, N.J. — Item 9 Labs Corp. (OTCQX: INLB), a vertically integrated cannabis company, today announced its dispensary franchise, Unity Rd., has signed agreements with three entrepreneurial groups for expansion into New Jersey. Each team will be pursuing at least one dispensary license to open a Unity Rd. shop in the state.

Ahead of legalization, the $INLB and Unity Rd. teams are guiding the partners through the dispensary license process. The garden state is expected to generate as much as $950 million in annual retail sales by 2024, and is expected to open dispensary license applications as early as late 2021.

As more and more states across the country move to legalize medicinal or adult-use cannabis, Unity Rd. is actively seeking franchise partners in the Northeastern region of the United States.

Unity Rd. offers the safest route for entrepreneurs looking to enter an industry that boasts high growth potential, helping franchise partners confidently enter the complex cannabis space. Its veteran team passes on their knowledge and trusted resources, as well as provides the ongoing support needed to compliantly and successfully operate a dispensary. With a collective 120-plus years’ experience in the legal cannabis industry, Unity Rd.’s time-tested Standard Operating Procedures (SOPs) guide franchise partners through every operational function of the business.

“The more access you have to industry knowledge, resources and connections in cannabis, the better – and those things are not easy to come by,” shared Ed Carpezzi, who recently signed an agreement to open a Unity Rd. dispensary in New Jersey. “I was originally hesitant to join a franchise – a bit unwilling to give up certain freedoms – but I quickly realized how critical it is to have an ally in this industry, and that’s Unity Rd. This industry is changing every day at an almost unbelievable pace, which is exciting, but makes it difficult to navigate. I look to the Unity Rd. team to help me with operations, which will allow me to focus on building the business.”

Unity Rd. franchise partners stand to receive even more resources and supply chain connections as the brand was recently acquired by Item 9 Labs Corp., an award-winning cannabis operator. The combination of the Unity Rd. cannabis retail franchise and premium Item 9 Labs products makes Item 9 Labs Corp. one of the first vertically integrated cannabis franchise companies in the nation. Known for its impressive catalogue of products, Item 9 Labs currently offers 75 active cannabis strains and 150-plus differentiated cannabis vape products as well as premium concentrates. As Unity Rd. grows its franchise network, Item 9 Labs plans to develop or partner with cultivation facilities in states where Unity Rd. franchise partners open cannabis retail shops. This move will give Unity Rd. operators front-of-the-line access to a reliable product supply chain.

“We want to empower local owners so they can confidently and successfully contribute to their communities – it all goes back to our overarching goal to inspire confidence in the benefits of cannabis for all,” explained Unity Rd.’s Chief Franchise Officer, Mike Weinberger. “The cannabis industry is notoriously complex, which is why we launched the Unity Rd. franchise opportunity in the first place. We are already fielding an incredible amount of interest and inquiries in New Jersey, and we’re often in talks with prospective franchise partners months, if not years, ahead of state-level legalization. But it’s not too late to get into the industry. In fact, now’s the perfect time to get your foot in the door before the industry accelerates forward.”

Despite economic challenges brought on by the pandemic, the demand for cannabis products surged to unprecedented levels with nearly every state experiencing record sales throughout 2020. This year will be no different; In fact, it’s expected to be a big year for cannabis law reform on both the state and federal levels – opening opportunities for the industry to explode, projected to top $24 billion by year-end, with New Jersey’s top-line sales forecasted at $740 million for the first complete year of sales.

Currently, Unity Rd. has signed multiple agreements with more than 10 entrepreneurial groups across the country. The total investment ranges from $1 million to $2.5 million, including a $100,000 franchise fee for a single unit or $250,000 for three units. Those interested in becoming a Unity Rd. franchise partner should have access to a minimum $1 million in liquid capital. Franchise partners may be owner-operators or passive owners with a designated, experienced manager running operations.

To learn more about Unity Rd. franchise opportunities, contact franchise@unityrd.com or 720-923-5262, or visit unityrd.com. For additional information on Item 9 Labs Corp., visit item9labscorp.com.

ABOUT UNITY RD.:
Unity Rd. is bridging the two previously disconnected worlds of cannabis and franchising. The industry trailblazer is the first to bring the cannabis dispensary franchise model to the United States—with duality of prowess in both industries to back it up. Built up from a collective 200 years in the legal cannabis industry and franchising, the company helps eager operators enter the complex industry with ease. The marijuana franchise pioneer offers its partners the knowledge, resources, and ongoing support needed to compliantly and successfully operate a dispensary. Launched in 2018, Unity Rd. has signed multiple agreements with more than 10 entrepreneurial groups across the country. Recently, it was named one of the top cannabis retail leaders in the nation by MJBizDaily magazine and one of the “Best Cannabis Companies to Work For” in both the dispensary and cultivation categories in Cannabis Business Times’ elite 2020 list. The company is also the first cannabis business to earn a Franchise Times Dealmakers award. For more information, visit unityrd.com.

ABOUT ITEM 9 LABS CORP.:
Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor, delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.

24 03, 2021

Unity Rd. Becomes First Vertically Integrated Dispensary Franchise through Item 9 Labs’ Acquisition of ONE Cannabis Group

2021-03-24T16:35:07-04:00March 24th, 2021|Tags: , , , , , |

Combined Business Accelerates Unity Rd. Franchise Development, Meanwhile Franchise Partners Gain Direct Access to a High-Quality Supply Chain of Award-Winning Cannabis Products. 

DENVER — ONE Cannabis Group (OCG Inc.), the parent company to the cannabis dispensary franchise Unity Rd., announced today that it has been acquired by Item 9 Labs Corp. The newly formed entity is the first vertically integrated cannabis franchisor in the United States. The combined business will escalate lead flow for Unity Rd. franchise development and mitigate challenges new and existing dispensary owners face.

Founded in 2018, the cannabis franchise currently has multiple agreements with 10 entrepreneurial groups who are in various stages of development nationwide. As Unity Rd. continues to grow its network by awarding the franchise opportunity to qualified entrepreneurs across the country, Item 9 Labs will help solve an all-too-common challenge that many dispensaries face: securing access to a trusted supply chain. Since cannabis products cannot cross state lines, Item 9 Labs plans to develop or partner with cultivation facilities in states where Unity Rd. franchise partners open cannabis retail shops, giving them front-of-the-line access to award-winning products.

Known for its impressive catalogue of products, Item 9 Labs currently offers 75-plus active cannabis strains and more than 150 differentiated cannabis vape products as well as premium concentrates. The award-winning cannabis operator is headquartered in Arizona, where the company is currently expanding its operations space by 650,000+ square feet on its 50-acre site – one of the largest properties in the state that is zoned to grow and cultivate flower. Just this January, adult-use was made legal in Arizona, revealing the health and promise of the industry at large.

“Item 9 Labs has garnered a reputation as a trusted source for high-quality cannabis products that also offer transparency, consistency and well-being to those relying on us,” said Item 9 Labs CEO Andrew Bowden. The company’s products are currently in nearly half of the cannabis dispensaries in Arizona. He added, “We’ve grown intentionally with all brands centered on helping others become the best versions of themselves. This fits well with Unity Rd.’s mission of inspiring confidence in the benefits of cannabis for all.”

Item 9 Labs also owns and operates DispensaryPermits.com and DispensaryTemplates.com, the leading online platforms for information surrounding cannabis business applications, regulations and state updates. The acquisition offers their customers a solution for long-term guidance and support through the Unity Rd. franchise opportunity. With news of the acquisition as it progressed as well as increased U.S. cannabis legalization, Unity Rd. has seen a surge in franchise lead activity over the past six months. The dispensary franchise is currently targeting Colorado, Oklahoma, Michigan, New Jersey, Maine, and Arizona among other markets, as part of its strategic franchise expansion plan.

Together, the combined team has a proven track record of winning cannabis licenses in 15 states. Mike Weinberger, COO of ONE Cannabis who is now appointed Chief Franchise Officer of Item 9 Labs Corp. with this announcement, explains, “Extending our in-house knowledge in dispensary applications will strengthen our traction in emerging markets. This, along with direct access to Item 9 Labs’ deep bench of premium products are added benefits that puts Unity Rd. franchise partners far ahead of any future competition.”

Unity Rd. offers the safest route for entrepreneurs looking to enter an industry that boasts unrivaled potential, helping franchise partners confidently enter the complex cannabis space. With a collective 120-plus years in the legal cannabis industry, the franchisor’s time-tested Standard Operating Procedures (SOP’s) guide franchise partners through every operational function of the business. The veteran team passes on their knowledge and trusted resources, as well as provides the ongoing support needed to compliantly and successfully operate a dispensary.

2020 was a defining year for cannabis as five states approved legalization during the November elections and the overall acceptance of cannabis flourished as several states deemed the industry essential. Despite economic challenges brought on by the pandemic, the demand for cannabis products surged to unprecedented levels with nearly every state experiencing record sales throughout the year. 2021 is poised to be a big year for cannabis law reform on both the state and federal levels – opening opportunities for the industry to explode, projected to top $24 billion by year-end.

“If there was ever a time to invest in the cannabis industry, it’s now,” added Weinberger. “With cannabis sales increasing during the pandemic and several states looking at how tax revenue from legal cannabis could greatly offset the economic damage caused by COVID-19, the industry is poised to take-off. Those eager to enter now will greatly benefit from the knowledge and support of a franchisor to help navigate the complexities and vast inconsistencies on how states regulate.”

To learn more about Unity Rd. franchise opportunities, contact franchise@unityrd.com or 720-923-5262, or visit unityrd.com.

ABOUT UNITY RD.

Unity Rd., the retail brand of ONE Cannabis Group, is bridging the two previously disconnected worlds of cannabis and franchising. The industry trailblazer is the first to bring the cannabis dispensary franchise model to the United States—with duality of prowess in both industries to back it up. Built up from a collective 200 years in the legal cannabis industry and franchising, the company helps eager operators enter the complex industry with ease. The cannabis franchise pioneer offers its partners the knowledge, resources, and ongoing support needed to compliantly and successfully operate a dispensary. Launched in 2018, Unity Rd. currently has signed multiple agreements with 10 entrepreneurial groups across the country. Recently, it was named one of the top cannabis retail leaders in the nation by MJBizDaily magazine and one of the “Best Cannabis Companies to Work For” in both the dispensary and cultivation categories in Cannabis Business Times’ elite 2020 list. The company is also the first cannabis business to earn a Franchise Times Dealmakers award. For more information, visit unityrd.com.

ABOUT ITEM 9 LABS CORP.:

Item 9 Labs Corp. is a vertically integrated cannabis operator delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The Company brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and production innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector and capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the Company is expanding its operations space by 650,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.