Item 9 Labs Corp. (INLB)
| Market Cap | 702.00 |
| Revenue (ttm) | 19.69M |
| Net Income (ttm) | -31.03M |
| Shares Out | 701.81M |
| EPS (ttm) | -0.32 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 21,015 |
| Average Volume | 179,735 |
| Open | 0.0000 |
| Previous Close | 0.0000 |
| Day's Range | 0.0000 - 0.0000 |
| 52-Week Range | 0.0001 - 0.0001 |
| Beta | 0.69 |
| RSI | 25.80 |
| Earnings Date | n/a |
About Item 9 Labs
Item 9 Labs Corp. operates as a vertically integrated cannabis operator and dispensary franchisor in the United States. The company produces cannabis and cannabis-related products in various categories, such as flower; concentrates; distillates; and hardware. It offers cannabis and cannabis-derived products and technologies through licensed dispensaries to consumers in Arizona. It also operates and sells medical and adult-use cannabis dispensary franchises under the Unity Rd brand name. Item 9 Labs Corp. is headquartered in Phoenix, Arizona. [Read more]
Full Company ProfileFinancial Performance
In 2022, Item 9 Labs's revenue was $21.76 million, a decrease of -0.82% compared to the previous year's $21.94 million. Losses were -$31.14 million, 185.6% more than in 2021.
Financial StatementsNews
Item 9 Labs Corp. Retains Sharp Capital Advisors to Facilitate a Sale of the Business
PHOENIX , Dec. 19, 2023 /PRNewswire/ -- Item 9 Labs Corp. (OTCPK: INLB) ("INLB" or the "Company"), a vertically integrated cannabis operator and dispensary franchisor that produces high-grade, award-w...
Item 9 Labs Corp. Executes Major Restructuring to Pave the Way to Profitability
PHOENIX--(BUSINESS WIRE)---- $INLB #cannabis--INLB Corp. has executed a major restructuring to right-size its operations and cost structure while working toward a return to profitability.
Item 9 Labs Releases Latest Limited Edition One-Gram Rosin-Infused Pre-Rolls
PHOENIX--(BUSINESS WIRE)---- $INLB #Arizonacannabis--After a successful test run in December, Item 9 Labs released its limited edition one-gram rosin-infused pre-rolls in participating AZ dispensaries...
Item 9 Labs Corp. CEO Mike Weinberger Appointed To National Cannabis Industry Association's Retail Committee
PHOENIX--(BUSINESS WIRE)---- $INLB #cannabis--INLB Corp. CEO Mike Weinberger has been appointed to serve on the NCIA's Retail Committee as a new member for the 2023-2025 term.
Item 9 Labs Continues Dominating the Arizona Market With a 30% YOY Unit Sales Increase in February
PHOENIX--(BUSINESS WIRE)---- $INLB #cannabis--Item 9 Labs dominates AZ market with a 30% YOY unit sales increase in February and Spring 2023 Errl Cup podium finish for Dosi Whoa flower.
Unity Rd. Signs First Agreement For Future Cannabis Establishment in the Green Mountain State
BURLINGTON, Vt.--(BUSINESS WIRE)---- $INLB #cannabis--Unity Rd. signed its first agreement to bring a cannabis establishment to Vermont, further expanding its presence in the Northeast region of the U...
Item 9 Labs Corp. Honored as a 2023 “Best Cannabis Company to Work For” by Cannabis Business Times
PHOENIX--(BUSINESS WIRE)---- $INLB #bestcannabiscompany--Item 9 Labs Corp. has been ranked No. 3 on the 2023 “Best Cannabis Companies to Work For” list in the dispensary category by Cannabis Business ...
Unity Rd. Awarded Full License Approval for New Denver Dispensary
DENVER--(BUSINESS WIRE)---- $INLB #cannabis--Unity Rd., the national dispensary franchise from INLB Corp., is expanding its footprint with a new shop near the Glendale neighborhood of Denver.
Item 9 Labs Corp. Secures Financing to Complete Acquisition of Sessions Cannabis in March 2023
PHOENIX--(BUSINESS WIRE)---- $INLB #cannabisacquisitions--Item 9 Labs Corp. has secured the necessary financing to complete the previously announced acquisition of Sessions Cannabis.
Item 9 Labs Corp. Positioned For Significant Growth With Expanding Cannabis Dispensary Franchise, Unity Rd.
PHOENIX--(BUSINESS WIRE)---- $INLB #cannabis--Unity Rd. enters 2023 following banner year of multiple dispensary openings, continued U.S. development, and an approaching international acquisition.
Item 9 Labs Generates 30% YOY Increase in Units Sold in January
PHOENIX--(BUSINESS WIRE)---- $INLB #arizonacannabis--Award-winning, premium cannabis brand, Item 9 Labs, recorded a 30% year-over-year increase in units sold in January 2023, compared to January 2022.
Item 9 Labs Closes Out 2022 as a Top 10 Cannabis Brand in Arizona
- Awarded Multiple First Place Podium Finishes in Arizona's Largest Cannabis Competitions - Named No. 1 Cannabis Brand in Arizona by MJ Brand Insights For Creative Brand Engagement PHOENIX , Jan. 12...
Item 9 Labs Corp.'s Dispensary Brand Strengthens East Coast Footprint with First New Jersey Shop
Local Entrepreneur Awarded Recreational Business License for Unity Rd. Cannabis Dispensary in Franklin Township in Somerset County, N.J.
Item 9 Labs Corp. Streamlines Operations and Strengthens Corporate Team Ahead of International Expansion
Strategic Corporate Realignment Reduces Overhead Expenses By Over 15 Percent and Positions Vertically Integrated Cannabis Franchisor and Operator For Efficiency and Future Profitability PHOENIX , Dec....
Item 9 Labs Corp. Appoints Mike Weinberger to CEO Ahead of Approaching Transformational Acquisition
Previously the Company's Chief Franchise Officer, the 20-Year Franchise Veteran Takes Helm to Lead through International Cannabis Franchise Growth PHOENIX , Nov. 30, 2022 /PRNewswire/ -- With a transf...
Item 9 Labs Surpasses 30 Podium Placements With 2022 Fall Errl Cup Wins
Premium Cannabis Product Brand Recognized in Four Categories in Arizona's Largest Cannabis Awards Program PHOENIX , Nov. 3, 2022 /PRNewswire/ -- Item 9 Labs—the award-winning, premium cannabis brand f...
Item 9 Labs Corp. Accelerates Growth of Unity Rd. Dispensary Franchise
Unity Rd. Opens Four Cannabis Retail Stores Throughout Colorado, Oklahoma and South Dakota Pending Canadian Retail Acquisition Puts Company on Track To Become One of the World's Largest Cannabis Retai...
Item 9 Labs Corp. (INLB) CEO Andrew Bowden on Q3 2022 Results - Earnings Call Transcript
Item 9 Labs Corp. (OTCQX:INLB) Q3 2022 Earnings Conference Call August 16, 2022 8:30 AM ET Company Participants Jason Assad - Investor Relations Andrew Bowden - Chief Executive Officer Bobby Mikkelsen...
Items 9 Labs Corp. Reports 12% Growth to $17.8 Million Revenue for the Nine Months Ended June 30, 2022
Company's National Unity Rd. Dispensary Franchise Continues to Pave Way in the Industry, Opens First Non-Tribal, State-Licensed Medical Cannabis Establishment in the State of South Dakota and Second C...
Item 9 Labs Corp. to Host Third Quarter Fiscal Year 2022 Earnings Call on August 16 at 8:30 a.m. ET
PHOENIX , Aug. 3, 2022 /PRNewswire/ -- Item 9 Labs Corp. (OTCQX: INLB) (the "Company")—a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products...
Unity Rd. Opens First Medical Cannabis Establishment in South Dakota
- Local Go-To Cannabis Shop Serving Patient Card Holders of Hartford and Beyond - Local Owners, B.J. Olson and Adam Jorgensen Focused on Educating Community About Cannabis SIOUX FALL...
Significant Colorado Expansion Propels Unity Rd. Into Next Phase of Statewide Growth
- Cannabis Dispensary Franchise Secures Dispensary License for New Shop Near Cherry Creek Neighborhood of Denver - Unity Rd. Brand Hits Momentous Stride With M&A Activity Ramping Up in Colorado Market...
Item 9 Labs Corp. Nears Completion of Cannabis Cultivation and Lab Facility in Pahrump, Nevada
20,000 Square-Foot, State-of-the-Art Facility Anticipated To Be Fully Operational by End of 2022 PHOENIX , June 23, 2022 /PRNewswire/ -- Item 9 Labs Corp. (OTCQX: INLB) (the "Company")—a vertically in...
Item 9 Labs Corp. Signs Definitive Agreement to Acquire Sessions Cannabis, One of Canada's Largest Cannabis Retail Franchisors
Transformative Acquisition Creates the Largest, Global and Publicly Traded Cannabis Franchise Company Sessions Cannabis Generates Approximately CA$70 Million in Annual Systemwide Sales With 43 Stores ...
Item 9 Labs Corp. (INLB) CEO Andrew Bowden on Q2 2022 Results - Earnings Call Transcript
Item 9 Labs Corp. (OTCQX:INLB) Q2 2022 Earnings Conference Call May 16, 2022 4:30 PM ET Company Participants Jason Assad - Investor Relations Andrew Bowden - Chief Executive Officer Bobby Mikkelsen - ...