Item 9 Labs February Unit Sales Grow 30% YOY


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Item 9 Labs a cannabis brand from Item 9 Labs Corp. (OTCQX:INLB)—clipped a 30% increase in unit sales for February 2023 compared to February 2022, while continuing to increase its profit margins.

“The Arizona cannabis market has been riding the wave of Super Bowl through to spring training and the upcoming 4/20 cannabis holiday,” stated the company’s CEO Mike Weinberger. “With this, we are optimistic that our award-winning cannabis products will continue exceeding expectations and meeting consumer demand in the coming months.”

The brand’s ongoing positive momentum in 2023 was also recently elevated with a podium finish at the Spring Errl Cup, cannabis awards and festival event, that took place March 11-12, 2023 in Mesa, Ariz. Item 9 Labs’ Dosi Whoa cannabis strain earned a third-place award in the “Sativa Flower” category.

“Our increasingly positive performance showcases the true attention to quality driving the Item 9 Labs brand in Arizona,” continued Weinberger, noting that the state has become one of the ten most successful adult-use markets in the country.

Along with the recent win, Item 9 Labs received two second-place awards and two third-place awards at the Fall Errl Cup across the various vape, concentrate, and pre-roll categories, bringing the brand’s total achievements to over 30 podium finishes since its inception in 2017.

Benzinga's Cannabis Capital Conference Is Back

The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference, returns to Miami for its 16th edition. This is the place where DEALS GET DONE, where money is raised, M&A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Don’t miss out. Secure your tickets now. Prices will surge very soon.

Photo by Diyahna Lewis on Unsplash


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: CannabisNewsPenny StocksMarketsMike Weinbergerpremium