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Benzinga
Benzinga
Business
Vuk Zdinjak

Item 9 Labs Acquires Cannabis Dispensary In Adams County, Colorado

Colorado Item 9 Labs Adams County

Item 9 Labs Corp. (OTCQX:INLB) has closed its acquisition of an existing dispensary license and storefront in Adams County, Colorado. Located at 6101 N. Washington St. in Denver, this will be the first corporate-owned shop under the Unity Rd. brand. The Company expects the shop to be operational in the first half of 2022.

This acquisition is part of an overarching strategy to accelerate national development by creating turnkey investment opportunities for Unity Rd. franchise partners. Item 9 Labs Corp. plans to aggressively expand its dispensary franchise by acquiring and converting cannabis retail stores, training the local team and selling the business to new and existing franchise partners.

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