Item 9 Labs' Cannabis Cup Win Marks 9 Top Podium Placements
Item 9 Labs Corp. (OTCQX: INLB) recently achieved two podium finishes at Arizona's inaugural High Times Cannabis Cup, winning first place for its Black and Blue Kush Broad Spectrum Cartridge and third place for its Do-Si-Do pre-rolls. This recognition underscores Item 9 Labs' commitment to producing premium cannabis products. The brand has experienced a 203% year-over-year revenue increase in the third quarter, benefiting from a thriving Arizona cannabis market projected to surpass $1 billion in sales this year. The company's continued award-winning performance highlights its strong cultivation and lab capabilities.
- First-place win in the 'vape pens' category and third place in 'pre-rolls' category at the High Times Cannabis Cup.
- 203% year-over-year revenue increase in Q3.
- Strong demand for product offerings in Arizona's rapidly growing cannabis market.
- 15 podium finishes in various Arizona marijuana competitions over the past three years.
- None.
PHOENIX, Aug. 25, 2021 /PRNewswire/ -- Item 9 Labs Corp. (OTCQX: INLB) (the "Company"), a vertically integrated, cannabis dispensary franchisor and operator that produces premium, award-winning products, today announced that it has earned two podium finishes in Arizona's first-ever High Times Cannabis Cup. Item 9 Labs, the Company's premium cannabis product brand, earned first place in the "vape pens" category with its Black and Blue Kush Broad Spectrum Cartridge and third place in the "pre-rolls" category with its Do-Si-Do strain.
"The Cannabis Cup is the most prestigious milestone that cannabis brands strive for worldwide," said the Company's Chief Executive Officer Andrew Bowden. "This is an amazing win for our team and strengthens our foundation of what defines us as a premium, top-shelf brand."
The coveted award was catalyzed by the same group behind Woodstock and championed the Beatles' 1974 ad in the London Times to legalize cannabis. Today, High Times magazine's circulation rivals that of Rolling Stones.
"We are so thrilled to finally bring the Cannabis Cup to Arizona," said High Times' Director of Competitions Mark Kaz. "It was even better that Arizona successfully went recreational so that everyone from the OG cannabis growers who know differences in terpene profiles, to the new soccer moms trading out their glass of wine for a joint at the end of the night, could all participate and help crown the Best of Arizona."
Founded in 1988, the Cannabis Cup has evolved into a globally recognized championship of the best cannabis products in the world – awarding the top three products per category. Traditionally a blind competition judged by industry experts, the prestigious Cannabis Cup reinvented itself in 2020 into crowdsourced rankings – offering 224 kits per category to consumers in state-wide competitions across the country.
Item 9 Labs' Cannabis Cup Podium Finishers
One hundred percent solvent-free, Item 9 Labs Broad Spectrum Cartridges blend distilled Delta 9 THC with botanically and cannabis-derived terpenes for full-bodied flavor and a greater entourage effect than typical cartridges. The Black and Blue Kush Broad Spectrum Cartridge blends the refreshing, sweet berry and slight hashiness of blackberry kush with blueberry juice derived straight from the fruit.
The brand's pre-rolls launched in May 2021 and have quickly become in high demand. The intentionally grown and conveniently packaged seven half-gram pre-rolls are strain-specific and filled with house-grown premium flower that's wrapped in unrefined French hemp. The Do-Si-Do strain offers a sweet floral and earthy aroma balanced by medical-grade relaxing body effects.
The Decorated Cannabis Brand is No Stranger to the Podium
This same Broad Spectrum Cartridge earned first place in the "vape pen indica" category in the 2021 Errl Cup. The premium cannabis brand also earned two other top placements in this year's Errl Cup—one in the "vape pen sativa" category and the other in the "concentrate sativa" category—as well as two third-place finishes in "hybrid vape pen" and "indica flower." All told, the brand has earned nine first-place, three second-place and three third-place rankings across notable Arizona marijuana competitions in the past three years.
"Our continued top placements are proof that we have one of the best cultivation and lab teams in the nation. They do a phenomenal job day-in and day-out to ensure only top-quality products leave our site," Bowden added. "We run a professional horticulture operation with strict lab testing and do not use any chemicals in our manufacturing. Our premium cannabis products provide the trust, safety and ease that many people have been searching for."
The Arizona-based brand has seen the strength of its home marijuana market first-hand, recently reporting a
Bowden added, "My mom had triple-negative breast cancer and our family, just like many others, found healing properties in this remarkable plant. The same quality we provide my mother, we provide every person in Arizona."
About Item 9 Labs
Item 9 Labs cultivates the highest quality cannabis products while providing transparency, consistency and well-being for an enhanced cannabis experience. With 15 podium finishes in Arizona marijuana competitions, Item 9 Labs is a trusted source for premium cannabis products. Starting with intentionally grown flower that's hand trimmed to best preserve the terpenes, the Item 9 Labs product catalogue spans 75-plus active cannabis strains and more than 150 differentiated cannabis vape products as well as premium concentrates and Orion vape technologies. Currently, Item 9 Labs is the most in demand brand at more than
About Item 9 Labs Corp.
Item 9 Labs Corp. (OTCQX: INLB) 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 award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique 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. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by 640,000+ square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit item9labscorp.com.
Media Contact:
Item 9 Labs
Jayne Levy, VP of Communications
Phone: 480-542-9421
Email: jayne@item9labs.com
Investor Contact:
Item 9 Labs
Phone: 800-403-1140
Email: investors@item9labs.com
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SOURCE Item 9 Labs Corp. (OTCQX: INLB)
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