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Item 9 Labs Corp. Closes Acquisition Of Adams County, Colorado Dispensary

PRIVATEMar 04, 2022

Acquiring Company

Item 9 Labs

Acquired Company

Adams CountyDispensary

Community And LifestyleHealth CareFood And Beverage

Description

Item 9 Labs Corp. (OTCQX: INLB) (the "Company") — a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products — announced today that it has closed its acquisition of an existing dispensary license and storefront in Adams County, Colorado.

Quick answer

Item 9 Labs is acquiring Adams CountyDispensary, announced March 4, 2022.

How much did Item 9 Labs pay for Adams CountyDispensary?
The deal value was not disclosed.
What does Item 9 Labs do?
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.

Source: Fundz verified event record.

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Company Information

Company

Item 9 Labs

About

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 640,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit https://investors.item9labscorp.com/.

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Frequently asked

Who acquired Adams CountyDispensary?

Adams CountyDispensary was acquired by Item 9 Labs. The deal was reported on March 4, 2022. 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. Item 9 Labs is privately held and operates in Community And Lifestyle.

When did Item 9 Labs acquire Adams CountyDispensary?

Item 9 Labs's acquisition of Adams CountyDispensary was reported on March 4, 2022. Item 9 Labs Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Adams CountyDispensary do?

Adams CountyDispensary is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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