Item 9 Labs Corp. (OTCPK:INLB) signed an Asset Purchase Agreement to acquire The Herbal Cure on March 17, 2022. The acquisition includes the current 5,000 square-foot facility, which has 3,500 square feet of space for on-site cultivation operations, corporate offices, team training and also consists of a 3,000 square-foot medicinal and recreational cultivation. The Herbal Cure generated revenues of $5.4 million in 2021.