Item 9 Labs Overview
- Year Founded
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2010
- Status
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Out of Business
- Employees
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150
- Latest Deal Type
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Liquidation
Item 9 Labs General Information
Description
Item 9 Labs Corp is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The Item 9 Labs brand specializes in products and user experience across several cannabis categories. The company also offers a dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. The company also brings industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation.
Contact Information
Website
item9labs.comCorporate Office
- 2111 East Highland Avenue
- Suite B375
- Phoenix, AZ 85016
- United States
Corporate Office
- 2111 East Highland Avenue
- Suite B375
- Phoenix, AZ 85016
- United States
Item 9 Labs Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Bankruptcy: Liquidation | 20-Jul-2023 | Completed | Bankruptcy: Liquidation | |||
| 5. Merger/Acquisition | 19-Dec-2023 | Cancelled | Generating Revenue | |||
| 4. PIPE | 31-Dec-2020 | Completed | Generating Revenue | |||
| 3. PIPE | 19-Nov-2018 | Completed | Generating Revenue | |||
| 2. PIPE | 26-Apr-2018 | $2.59M | $2.59M | Completed | Generating Revenue | |
| 1. Reverse Merger | 21-Mar-2018 | Completed | Generating Revenue |
Item 9 Labs Comparisons
Industry
Financing
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Item 9 Labs Competitors (7)
One of Item 9 Labs’s 7 competitors is American Cannabis Company, a Corporate Backed or Acquired company based in Denver, CO.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| American Cannabis Company | Corporate Backed or Acquired | Denver, CO | ||||
| Next Big Crop Consulting | Corporate Backed or Acquired | Denver, CO | ||||
| Grassroots Cannabis | Formerly VC-backed | Chicago, IL | ||||
| MariMed | Corporation | Norwood, MA | ||||
| Cresco Labs | Formerly VC-backed | Chicago, IL |
Item 9 Labs Related Research & Analysis
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Item 9 Labs Signals
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Item 9 Labs Investments & Acquisitions (8)
Item 9 Labs’s most recent deal was a Merger/Acquisition with The Herbal Cure. The deal was made on 17-Mar-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| The Herbal Cure | 17-Mar-2022 | Merger/Acquisition | Specialty Retail | ||
| Item 9 Labs (Marijuana Store in Denver) | 04-Mar-2022 | Corporate Asset Purchase | Buildings and Property | ||
| Unity Rd | 23-Mar-2021 | Merger/Acquisition | Other Pharmaceuticals and Biotechnology | ||
| Medical Marijuana Cultivation (Item 9 Labs / Strive Wellness) | 20-Feb-2020 | Merger/Acquisition | Other Pharmaceuticals and Biotechnology | ||
| Joint Venture (Item 9 Labs & ThirdEye Investments) | 13-Dec-2019 | Joint Venture | Cultivation |
Item 9 Labs ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
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Item 9 Labs FAQs
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When was Item 9 Labs founded?
Item 9 Labs was founded in 2010.
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Where is Item 9 Labs headquartered?
Item 9 Labs is headquartered in Phoenix, AZ.
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What is the size of Item 9 Labs?
Item 9 Labs has 150 total employees.
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What industry is Item 9 Labs in?
Item 9 Labs’s primary industry is Cultivation.
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Is Item 9 Labs a private or public company?
Item 9 Labs is a Private company.
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What is Item 9 Labs’s current revenue?
The current revenue for Item 9 Labs is .
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How much funding has Item 9 Labs raised over time?
Item 9 Labs has raised $16.1M.
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Who are Item 9 Labs’s competitors?
American Cannabis Company, Next Big Crop Consulting, Grassroots Cannabis, MariMed, and Cresco Labs are some of the 7 competitors of Item 9 Labs.
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