 PHOENIX , Aug. 31, 2021 PRNewswire -- Item 9 Labs Corp. OTCQX: INLB the Company , a vertically integrated, cannabis dispensary franchisor and operator that produces premium, award-winning products, has entered into a 19 million construction-financing loan with Pelorus Equity Group Pelorus, the leading provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate. The proceeds will be used to expand the master site development of the Companys cultivation and lab site in Coolidge, Arizona the Arizona Facility as well as completion of its existing 20,000 square foot facility in Pahrump, Nevada the Nevada Facility. 