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Item 9 Labs Corp. sets the stage for a $ 13.5 million culture expansion

Item 9 Labs Corp. cultivated, manufactured and transformed Article 9 Laboratories products — the company’s elevated consumer cannabis brand — since 2017 at its existing 19,200-square-foot facility, which spans five acres. As part of the main site expansion, the company recently acquired the surrounding 45 acres and plans to increase its operating space to over 640,000 square feet; a 3.100% increase over its current operations. At 50 acres, the site is one of Arizona’s largest properties that is zoned for growing and cultivating flowers.

The initial development phase is expected to be completed in the summer of 2022 and includes the construction of three steel buildings and two greenhouses – adding 9,600 square feet for indoor growing, 9,600 square feet of lab and packaging and 9 600 square feet. main house to support the addition of the two 18,000 square foot greenhouses.

“With the first phase of our expansion, we plan to increase the production of our high-quality flowers by 30-35%,” said Cory Carter, vice president of culture for Item 9 Labs Corp. “Our greenhouses will reduce the dependence on third parties of material sourced for laboratory productions by 40 to 50%.”

Item 9 Labs Corp. plans to complete the development of the main site over the next few years. In total, the site will be composed of:

– Eight steel buildings, all less than 10,000 square feet each – one building will be dedicated to the lab expansion and home of the finished product, while the other seven buildings will be used for indoor cultivation;
– 16 greenhouses or greenhouse support buildings of 18,000 ft2;
– Six head rooms of 9,600 sq. Ft.; and
– Five acres of outdoor cultivation.

Andrew Bowden, CEO of Item 9 Labs Corp., said, “During this first phase of expansion, we plan to hire another 60-70 team members in growing, processing and packaging roles. , with the aim of creating more than 200 jobs by the end of our development of the master site. “

More information on section 9 Labs Corp. :
Visit https://investors.item9labscorp.com

The expansion of the existing laboratory allows the addition of state-of-the-art equipment for all extraction processes. Having equipment allowing different extraction processes is important for product diversification.

The head of the company’s laboratory Eric Eisele says, “Each extraction process has its own advantages and disadvantages. Extraction material can give you different end products depending on strain, freshness, hardening and size compared to fresh frozen whole flowers. The end goal of every process is to deliver a very powerful end product. Our new facility will ensure that we are configured for each desired outcome. ”

Nick bowden, vice president of construction and real estate for Item 9 Labs Corp., is leading the development of the expansion. ScottsdaleAlexander Building Company is the contractor and TempleThe ascending architects are the architects.

“Build one of the that of Arizona the largest cultivation sites is an important step for us ”, the president of Alexander Building Company Shane Alexander noted. “Their team shares our same avant-garde and sustainable development mindset. We are passionate about entrepreneurial companies like Item 9 Labs. “

To celebrate the inauguration, Item 9 Labs Corp. Expands Annual Food and Toy Drive for the Society of St. Vincent de Paul in Arizona with a donation of $ 5,000 – signifying the expansion on its 50 acre site.

Click here for more photos to accompany all reports.

About Item 9 Labs
Item 9 Labs cultivates the highest quality cannabis products while providing transparency, consistency and well-being for an enhanced cannabis experience. With more than 20 podiums in Arizona marijuana competitions, Item 9 Labs is a trusted source for premium cannabis products. From intentionally cultivated flowers, the Item 9 Labs product catalog includes over 75 active cannabis strains and over 150 differentiated cannabis vape products, as well as premium concentrates and Apollo & Orion vape technologies. Currently, Item 9 Labs is the most requested brand with over 60% of that of Arizona dispensaries, according to LeafLink. For more information visit item9labs.com.

About Item 9 Labs Corp.
Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor that provides premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in the best products and user experience across multiple categories of cannabis. The company also offers a unique dispensary franchise model through the national Unity Rd. Retail brand. By removing barriers to entry, franchising provides an opportunity for new and existing dispensary owners to leverage the knowledge, resources and ongoing support necessary to thrive in their state in a compliant and successful manner. Item 9 Labs brings industry best practices to national markets through distinctive retail experience, cultivation capabilities and product innovation. The seasoned management team combines a diverse skill set with in-depth experience in the cannabis industry, franchising and capital markets to lead a new generation of public cannabis companies that deliver transparency, consistency and well-being. Based in Arizona, the company is currently expanding its operating space to more than 640,000 square feet on its 50-acre site, one of Arizona’s largest properties zoned to grow and grow flowers. For more information, visit item9labscorp.com.

Media contact:
Lisa Sass
Serendipit Consulting
[email protected]
909-519-9171

Investor contact:
Article 9 Labs Corp.
[email protected]
800-403-1140

SOURCE Article 9 Labs Corp.

Related links

https://item9labs.com


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