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Item 9 Labs Fires 20% Of Its Workforce, Reduces Total Overhead Expenses By Over 15%
Item 9 Labs Fires 20% Of Its Workforce, Reduces Total Overhead Expenses By Over 15%
Item 9 Labs Corp. (OTCQX:INLB) announced its efforts to streamline operations and consolidate employee duties.
With a goal of efficient profit creation and shareholder value, the company has consolidated employee headcount by 20%, which reduces many redundancies and better positions the company to become profitable while maintaining scalability. Further, in concert with the personnel shifts, the company has implemented other cost-saving measures designed to reduce total overhead expenses by over 15%.
Item 9 Labs Corp. announced leadership changes with the appointment of its chief franchise officer, Mike Weinberger, to CEO.
"We believe the Sessions acquisition has the potential to be a true game changer for Item 9 Labs Corp.," Weinberger stated. "Not only does it significantly increase our retail footprint and bring us into a new country, but we will be able to continue rapidly growing our store count because we now have the right people in the right seats."
He continued, "Our team leads below are the reason we have reached where we are today. Most can count their years in cannabis and franchising on two hands, and several have been with our Item 9 Labs and Unity Rd. brands from the start. They have done a phenomenal job lifting others up and pushing us along our growth plan."
Company promotions include:
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Mark Busch, SVP of corporate development
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Cory Carter, SVP of cultivation
-
Jayne Levy, SVP of communications
-
Tracy Timko, VP of franchise operations
-
Haley Henley, VP of human resources
-
Jojo Frey, VP of marketing
-
Eric Eisele, lab director
-
Michael Willis, director of sales
Get your daily dose of cannabis news on Benzinga Cannabis. Donâ€t miss out on any important developments in the industry.
Photo by Diyahna Lewis on Unsplash
Related News
Item 9 Labs Corp. (OTCQX:INLB) announced its efforts to streamline operations and consolidate employee duties.
第9項實驗室公司(OTCQX:INLB)宣佈努力精簡運營和鞏固員工職責.
With a goal of efficient profit creation and shareholder value, the company has consolidated employee headcount by 20%, which reduces many redundancies and better positions the company to become profitable while maintaining scalability. Further, in concert with the personnel shifts, the company has implemented other cost-saving measures designed to reduce total overhead expenses by over 15%.
以高效的利潤創造和股東價值為目標,公司進行了整合員工人數增加20%,這減少了許多冗餘,並更好地定位了公司在保持可擴展性的同時實現盈利。此外,在人員輪班的同時,該公司還實施了其他節省成本的措施,旨在將管理費用總額減少15%以上。
Item 9 Labs Corp. announced leadership changes with the appointment of its chief franchise officer, Mike Weinberger, to CEO.
第九項Labs Corp.宣佈了領導層的變動,任命了首席特許經營官,Mike·溫伯格,致首席執行官。
"We believe the Sessions acquisition has the potential to be a true game changer for Item 9 Labs Corp.," Weinberger stated. "Not only does it significantly increase our retail footprint and bring us into a new country, but we will be able to continue rapidly growing our store count because we now have the right people in the right seats."
“我們相信,會議Weinberger說,收購有可能成為Item 9 Labs Corp.真正的遊戲規則改變者。它不僅顯著增加了我們的零售足跡,將我們帶入一個新的國家,而且我們將能夠繼續快速增長我們的門店數量,因為我們現在有合適的人坐在合適的座位上。
He continued, "Our team leads below are the reason we have reached where we are today. Most can count their years in cannabis and franchising on two hands, and several have been with our Item 9 Labs and Unity Rd. brands from the start. They have done a phenomenal job lifting others up and pushing us along our growth plan."
他繼續說道:“以下是我們團隊領導團隊取得今天成就的原因。大多數人都能用兩隻手數清他們在大麻和特許經營中的歲月,還有幾個人是在我們的Item 9 Labs和合一路。從一開始就是品牌。他們做了一項了不起的工作,提升了其他人的地位,推動了我們的增長計劃。
Company promotions include:
公司促銷活動包括:
-
Mark Busch, SVP of corporate development
-
Cory Carter, SVP of cultivation
-
Jayne Levy, SVP of communications
-
Tracy Timko, VP of franchise operations
-
Haley Henley, VP of human resources
-
Jojo Frey, VP of marketing
-
Eric Eisele, lab director
-
Michael Willis, director of sales
-
梅克·布希,企業發展高級副總裁
-
科裡·卡特,培育部高級副總裁
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傑恩·利維,通信高級副總裁
-
特雷西·蒂姆科,特許經營運營副總裁
-
海莉·亨利,人力資源副總裁
-
喬喬·弗雷,市場營銷副總裁
-
埃裡克·艾賽爾,實驗室董事
-
邁克爾·威利斯,銷售的董事
Get your daily dose of cannabis news on Benzinga Cannabis. Donâ€t miss out on any important developments in the industry.
獲取您的每日大麻用量新聞 在本辛加大麻上。不要錯過̂EURO對該行業任何重要發展的預期。
Photo by Diyahna Lewis on Unsplash
Diyahna Lewis在Unspash上的照片
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.,Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc和Moomoo Securities Malaysia Sdn. Bhd., 是關聯公司。
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