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Item 9 Labs Corp. Appoints Mike Weinberger to CEO Ahead of Approaching Transformational Acquisition
Item 9 Labs Corp. Appoints Mike Weinberger to CEO Ahead of Approaching Transformational Acquisition.
About this update from Item 9 Labs Corp.
[{"type":"text","content":"\n\n\n\nItem 9 Labs Corp. Appoints Mike Weinberger to CEO Ahead of Approaching Transformational Acquisition\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nItem 9 Labs Corp. Appoints Mike Weinberger to CEO Ahead of Approaching Transformational Acquisition\nPR Newswire\nPHOENIX, Nov. 30, 2022\n\n\n\nPreviously the Company's Chief Franchise Officer, the 20-Year Franchise Veteran Takes Helm to Lead through International Cannabis Franchise Growth\nPHOENIX, Nov. 30, 2022 /PRNewswire/ -- With a transformative acquisition approaching, Item 9 Labs Corp. (OTCQX: INLB) (the \"Company\")—a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products—announced today a change to the leadership team. Chief Franchise Officer Mike Weinberger will become Chief Executive Officer—effective November 30, 2022—to lead the Company's future as an international cannabis franchisor.\n\n \n \n \n \n \n \n\n \nA 20-plus year franchise industry veteran, Weinberger launched Item 9 Labs Corp.'s dispensary franchise, Unity Rd., in 2018 and grew the brand to more than 20 entrepreneurial groups driving development across 10 states. In March 2021, he spearheaded the sale of Unity Rd.'s parent company, OCG Inc., to Item 9 Labs Corp. Today, the cannabis franchise has four stores open across three states – Colorado, Oklahoma and South Dakota.\nPrior to building the leader in the U.S. cannabis franchise space, Weinberger was the CEO of Maui Wowi—a global coffee and smoothie franchise with more than 500 units—and led its successful sale to Kahala Brands. Upon acquisition, his role shifted to  Brand President  and oversaw Kahala Brands' nontraditional portfolio and growth strategies.\nItem 9 Labs Corp. Secures Financing to Close Acquisition of Sessions Cannabis Item 9 Labs Corp. has fulfilled its financial conditions related to the acquisition of Sessions Cannabis (\"Sessions\"), one of Canada's largest cannabis retail franchisors. The Co...