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Benzinga
Benzinga
Business
Vuk Zdinjak

Unity Rd. Breaks Into New Mexico With Multi-Unit Signed Agreement

Unity Rd., the national cannabis dispensary franchise from Item 9 Labs Corp. (OTCQX:INLB), signed an agreement that will bring three shops to New Mexico, further solidifying its position as a fast-growing leader in cannabis franchising. Behind the agreement is serial entrepreneur, Joe Hernandez and his business partner, who mark the franchise's 20th entrepreneurial group to join and first partners in New Mexico. Unity Rd. recently helped the duo secure state approval for dispensary licenses of all three shops and will be assisting the team in moving forward with development.

Hernandez brings more than 25 years of combined real estate investment and business management experience to the table and has owned several businesses in the transportation, insurance and home services industries across multiple states. He and his partner plan to open three dispensaries throughout New Mexico. They currently have confirmed local city approval in Ruidoso and are awaiting approval from two additional cities for development.

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