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'The Jewel In The Crown': How Data Is Shaping Cannabis Retail, 'Customers Are Key', Says Item 9 Labs CEO
Friday, August 11, 2023 - 1:57pm | 781"Data point is definitely the jewel in your crown to be able to understand the consumer," said Sarah Kabakoff, VP of business development at Dutchie, at the recent Benzinga Cannabis Capital Conference in Miami. The cannabis industry has witnessed seismic shifts over the years, but...
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'We're Owned By People From The Community,' Says Item 9 Labs Corp CEO On Its Franchise Model
Thursday, August 3, 2023 - 4:03pm | 552"We’re a [cannabis] franchise model which means we’re actually owned by people from the community," said Mike Weinberger, CEO of Item 9 Labs Corp. (OTCQX: INLB) at the recent Benzinga Cannabis Capital Conference in Miami. The entrepreneur unveiled the secret behind his...
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Cannabis Movers & Shakers: Item 9 Labs, NORML And Others Confirm Industry Appointments & Promotions
Tuesday, April 18, 2023 - 8:46am | 657Experienced Exec Takes On New Role At Illicit Gardens Missouri-based Illicit Gardens recently announced that Kansas City native Jon Bond agreed to serve as chief revenue officer. Bond was one of the first employees of the cannabis tech company Dutchie. His experience is expected to help lead the...
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EXCLUSIVE: Cannabis Industry Experts Share Insights On Building Customer Loyalty - 'It's All About Education'
Tuesday, April 11, 2023 - 5:37pm | 588A panel of experts discussed how cannabis companies are targeting retail customers, at the Benzinga Cannabis Capital Conference in Miami Beach on Tuesday. The panel shared tips and tricks on what businesses should be doing to engage and keep their customers coming back for more. Frictionless...
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Item 9 Labs February Unit Sales Grow 30% YOY
Wednesday, March 22, 2023 - 10:36am | 413Item 9 Labs a cannabis brand from Item 9 Labs Corp. (OTCQX: INLB)—clipped a 30% increase in unit sales for February 2023 compared to February 2022, while continuing to increase its profit margins. “The Arizona cannabis market has been riding the wave of Super Bowl through to spring...
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Unity Rd. Secures First Cannabis Establishment Agreement In Vermont
Friday, March 10, 2023 - 9:56am | 471Unity Rd, the national cannabis dispensary franchise from Item 9 Labs Corp. (OTCQX: INLB) announced the signing of an agreement that will bring a new cannabis establishment to Vermont and further expand the brand’s presence in the Northeast. Unity Rd. has partnered with a local...
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Item 9 Labs Corp. Receives Recognition As One Of Best Cannabis Company To Work For
Wednesday, March 1, 2023 - 10:01am | 683Item 9 Labs Corp. (OTCQX: INLB), a vertically integrated U.S. cannabis franchisor and operator that produces premium, award-winning products, ranked No. 3 on the 2023 “Best Cannabis Companies to Work For” list in the dispensary category by leading industry publication and cannabis...
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Item 9 Labs Secures Financing To Complete Acquisition Of Sessions Cannabis In March 2023
Wednesday, February 15, 2023 - 11:21am | 416Item 9 Labs Corp. (OTCQX: INLB) has secured the necessary financing to complete the previously announced acquisition of Sessions Cannabis. The total cash purchase price of the transaction is $12.8 million, which is being fully funded through an acquisition line of credit with a 5-year term from a...
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Where To Buy Legal Weed These Days: Six New Retail Locations Launch Cannabis Sales
Monday, December 19, 2022 - 11:21am | 741Sanctuary Cannabis Opens 16th FL Store Sanctuary Cannabis has opened its southernmost location to date and the company's sixteenth dispensary in the state of Florida. The first Sanctuary dispensary in Miami-Dade County is located on SW 124th St. and just south of the Colonial Palms Plaza, in...
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Item 9 Labs Fires 20% Of Its Workforce, Reduces Total Overhead Expenses By Over 15%
Friday, December 9, 2022 - 12:03pm | 509Item 9 Labs Corp. (OTCQX: INLB) announced its efforts to streamline operations and consolidate employee duties. With a goal of efficient profit creation and shareholder value, the company has consolidated employee headcount by 20%, which reduces many redundancies and better positions the company to...
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Key Cannabis Exec Changes You Need To Know About: Dutchie Taps New CEO, Illinois' New Cannabis Officer & More
Friday, December 2, 2022 - 9:58am | 1126Dutchie Names New CEO Cannabis-tech company Dutchie has named a new CEO, reported Marijuana Business Daily. Executive chair Tim Barash agreed to replace the company's co-founders, brothers Ross and Zach Lipson, who decided to step down. Prior to joining Dutchie, Barash was the chief business...
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Item 9 Labs' Unity Rd. Ranks 6th In The "Best Cannabis Dispensaries To Work For" By Cannabis Business Times
Tuesday, March 29, 2022 - 2:33pm | 577Unity Rd., the national cannabis dispensary franchise from Item 9 Labs Corp. (OTCQX: INLB), was ranked No. 6 as one of the 'Best Cannabis Companies to Work For' in 2022 by Cannabis Business Times, featured in the March 2022 issue of the publication. "Our brands [Unity Rd....
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Item 9 Labs To Acquire Denver Cannabis Dispensary The Herbal Cure
Thursday, March 17, 2022 - 11:06am | 475Item 9 Labs Corp. (OTCQX: INLB) has signed an asset purchase agreement with The Herbal Cure, a medicinal and recreational dispensary and cultivator operating in Denver, Colorado. The Herbal Cure, founded in 2010, generated revenues of $5.4 million in 2021. Located in the desirable and...
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Item 9 Labs Launches Reg A+ Public Offering With Maximum Proceeds Of $67.2M
Wednesday, March 9, 2022 - 1:34pm | 337Item 9 Labs Corp. (OTCQX: INLB) launched its global streamlined Regulation A, Tier 2 public offering for unaccredited and accredited investors. Now anyone can become a shareholder in Item 9 Labs Corp., which includes the national dispensary franchise, Unity Rd. and cannabis brand Item 9 Labs. The...
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Item 9 Revenue Grows 104% YoY To $6.2M In Q1, Continues To Ramp Up Operations In Arizona & Nevada
Tuesday, February 15, 2022 - 10:42am | 650Vertically integrated cannabis dispensary franchisor and operator Item 9 Labs Corp. (OTCQX: INLB) reported operating and financial results for the first quarter for its fiscal year 2022 which ended December 31, 2021. Q1 FY2022 Key Financial Highlights Revenue increased 104% year-over-year to $6.2...