LAS VEGAS, April 08, 2019 (GLOBE NEWSWIRE) — Item 9 Labs Corp. (OTC: INLB) (“Item 9 Labs” or the “Company”), a leading developer and manufacturer of innovative cannabis products and proprietary delivery platforms, today announced it has launched construction of Strive Wellness of Nevada, a medical cannabis cultivation and processing facility with distribution rights, in Pahrump, Nevada.
Item 9 Labs became an operating partner of Strive Wellness of Nevada in June 2018. The new cultivation and production space covers 20,000 square-feet, doubling the overall square-footage of Item 9 Labs’ existing aggregate facilities.
“We are excited to kick off our Nevada expansion and bring our quality medicine to another patient base. Nevada is a large medical market that will more than double Item 9 Labs’ overall revenue. Last year, the State of Nevada’s combined adult-use and medical cannabis sales reached $580 million and resulted in more than 7,500 industry jobs,” stated Sara Gullickson, CEO of Item 9 Labs.
Strive Wellness of Nevada secured its Special Use Permit in December 2018 and required building permits in 2019. The facility will be producing legal medical cannabis products by Q4. Part of a two-phased construction project, Strive Wellness of Nevada will undergo additional expansion plans in 2020.
Item 9 Labs expects to be operating as licensed medical cannabis dispensaries, cultivation, and manufacturing facilities in ten U.S. markets by the end of 2019.
For information visit Item9LabsCorp.com.
About Item 9 Labs Corp.:
Item 9 Labs Corp. (OTC: INLB) creates comfortable cannabis health solutions for the modern consumer. The Company is bringing best of industry practices to markets from coast to coast through cultivation and production, distinctive retail environments, licensing services, and diverse product suites catering to different medical cannabis demographics. Item 9 Labs Corp. is headquartered in Phoenix, Arizona, with medical cannabis operations in multiple U.S.