Unity Rd. Becomes First Vertically Integrated Dispensary Franchise through Item 9 Labs' Acquisition of ONE Cannabis Group – PRNewswire
DENVER, March 23, 2021 /PRNewswire/ — ONE Cannabis Group (OCG Inc.), the parent company to the cannabis dispensary franchise Unity Rd., announced today that it has been acquired by Item 9 Labs Corp. The newly formed entity is the first vertically integrated cannabis franchisor in the United States. The combined business will escalate lead flow for Unity Rd. franchise development and mitigate challenges new and existing dispensary owners face.
Founded in 2018, the cannabis franchise currently has multiple agreements with 10 entrepreneurial groups who are in various stages of development nationwide. As Unity Rd. continues to grow its network by awarding the franchise opportunity to qualified entrepreneurs across the country, Item 9 Labs will help solve an all-too-common challenge that many dispensaries face: securing access to a trusted supply chain. Since cannabis products cannot cross state lines, Item 9 Labs plans to develop or partner with cultivation facilities in states where Unity Rd. franchise partners open cannabis retail shops, giving them front-of-the-line access to award-winning products.
Known for its impressive catalogue of products, Item 9 Labs currently offers 75-plus active cannabis strains and more than 150 differentiated cannabis vape products as well as premium concentrates. The award-winning cannabis operator is