Business
Item 9 Labs Corp. Enhances Board of Directors with Two Independent Appointments
Item 9 Labs Corp. Enhances Board of Directors with Two Independent Appointments.
About this update from Item 9 Labs Corp.
[{"type":"text","content":"\n\n\n\nItem 9 Labs Corp. Enhances Board of Directors with Two Independent Appointments\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\n\n\n\n\n\nItem 9 Labs Corp. Enhances Board of Directors with Two Independent Appointments\nNames Eric C. Kutscher and Lawrence X. Taylor to Board of Directors; Adds a Combined 55-Plus Years of Experience Across Patient-Centered Healthcare, Leadership, M&A and Strategic Planning\nPR Newswire\nPHOENIX, Jan. 4, 2022\n\n\n\nPHOENIX, Jan. 4, 2022 /PRNewswire/ -- Item 9 Labs Corp. (OTCQX: INLB) (the \"Company\")—a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products—announced today that Eric C. Kutscher, Pharm. D., M.B.A., F.A.S.H.P., and Lawrence X. Taylor have been appointed to its Board of Directors.\n\n \n \n \n \n \n \n\n \n\"Eric and Lawrence have vastly different backgrounds that will enrich our foundation across several core growth areas of the company,\" says Andrew Bowden, CEO of Item 9 Labs Corp. \nCurrently, the Company's cannabis dispensary franchise brand, Unity Rd., has a franchisee-owned shop operating in Boulder, Colorado, as well as a corporate-owned shop opening soon in Adams County, Colorado, and agreements signed with nearly 20 partners who are in various stages of opening their Unity Rd. shops across Maine, Michigan, New Jersey, and Virginia, among other states. Item 9 Labs is the most in demand brand at more than 54% of Arizona's dispensaries, according to LeafLink, and has earned more than 20 podium finishes in Arizona marijuana competitions. The Company is near completing development of its cultivation site in Nevada, recently started phase one of its master cultivation site development in Arizona and is seeking dispensary acquisitions to accelerate national growth.\nBowden added, \"As we look ahead to expanding our products and franchise brands nationally, their depths of expertise will be a tremendous value.\"\nKutscher and Taylor's appointments demonstrate the Company's focus on strengthening its corporate governance through more indepen...