Business
Item 9 Labs Corp.'s Cannabis Franchise, Unity Rd., Inks Three Agreements for New Jersey Franchise Expansion
Item 9 Labs Corp.'s Cannabis Franchise, Unity Rd., Inks Three Agreements for New Jersey Franchise Expansion.
About this update from Item 9 Labs Corp.
[{"type":"text","content":"\n\n\n\nItem 9 Labs Corp.'s Cannabis Franchise, Unity Rd., Inks Three Agreements for New Jersey Franchise Expansion\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.'s Cannabis Franchise, Unity Rd., Inks Three Agreements for New Jersey Franchise Expansion\nUnity Rd. Accelerates Northeast Development as Industry is Poised for Substantial Growth with Legalization\nPR Newswire\nNEWARK, N.J., April 8, 2021\n\n\n\nNEWARK, N.J., April 8, 2021 /PRNewswire/ -- Item 9 Labs Corp. (OTCQX: INLB), a vertically integrated cannabis company, today announced its dispensary franchise, Unity Rd., has signed agreements with three entrepreneurial groups for expansion into New Jersey. Each team will be pursuing at least one dispensary license to open a Unity Rd. shop in the state.\n\n \n \n \n \n \n \n\n \nAhead of legalization, the $INLB and Unity Rd. teams are guiding the partners through the dispensary license process. The garden state is expected to generate as much as $950 million in annual retail sales by 2024, and is expected to open dispensary license applications as early as late 2021.\nAs more and more states across the country move to legalize medicinal or adult-use cannabis, Unity Rd. is actively seeking franchise partners in the Northeastern region of the United States. \nUnity Rd. offers the safest route for entrepreneurs looking to enter an industry that boasts high growth potential, helping franchise partners confidently enter the complex cannabis space. Its veteran team passes on their knowledge and trusted resources, as well as provides the ongoing support needed to compliantly and successfully operate a dispensary. With a collective 120-plus years' experience in the legal cannabis industry, Unity Rd.'s time-tested Standard Operating Procedures (SOPs) guide franchise partners through every operational function of the business. \n\"The more access you have to industry knowledge, resources and connections in cannabis, the better – and those things are not easy to come by,\" shared Ed Carpezzi, who recently signed an agreement to open a...