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Planet 13 Holdings Inc
Symbol PLTH
Shares Issued 325,163,800
Close 2024-08-09 C$ 0.66
Market Cap C$ 214,608,108
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Planet 13 opens 27th Florida dispensary

2024-08-12 11:05 ET - News Release

Mr. Robert Groesbeck reports

PLANET 13 ANNOUNCES OPENING OF 27TH FLORIDA DISPENSARY, LOCATED IN OCALA

Planet 13 Holdings Inc. opened Planet 13 Ocala on Aug. 13, 2024, the company's 27th dispensary in Florida and 31st nationwide. Planet 13 Ocala is located at 8750 SW 200th St. Suite 101, Ocala, Fla., and will be open Monday through Sunday from 9 a.m. to 8 p.m.

Situated on State Road 200, the location sees over 35,000 cars on average per day and is located near On Top of the World, a vibrant, active adult retirement community.

"We are thrilled to open our 27th dispensary in Florida and the first since we closed the acquisition in Florida. We have an exciting growth plan for 2024 and beyond that is building on the tremendous momentum of the Florida team, which has seen significant year over year sales growth," said Bob Groesbeck, co-chief executive officer of Planet 13. "Our Ocala location is strategically located to serve the Ocala community and visitors. It sees over 35,000 cars pass it daily on the way to major retail hubs, Ocala landmarks, downtown and prominent living communities."

For additional convenience and accessibility, patients can choose to order ahead on-line for express in-store pickup.

Grand opening celebration

Join Planet 13 on Aug. 16 for a day of celebration, special promotions and the opportunity to explore the company's wide range of high-quality cannabis products. Visitors will also enjoy delicious Cuban cuisine and burgers from the local food truck Charo's Catering. As a token of appreciation, the first 100 guests will receive an exclusive gift bag.

Local medical clinic, The Releaf Clinic, will be present to facilitate patient medical card renewals and issue new cards. Planet 13 will offer a discounted rate for veterans on their medical card/renewal.

About Planet 13 Holdings Inc.

Planet 13 is a vertically integrated cannabis company, with award-winning cultivation, production and dispensary operations across its locations in California, Nevada, Illinois and Florida. Home to the nation's largest dispensary, located just off The Strip in Las Vegas, Planet 13 continues to expand its footprint with the recent debut of its first consumption lounge in Las Vegas, DAZED!, and the opening of its first Illinois dispensary in Waukegan, bringing unparalleled cannabis experiences to the Chicago metro area. Planet 13 holds a medical marijuana treatment centre licence in Florida allowing for statewide expansion throughout the Sunshine State. Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations and innovative cannabis products. Licensed cannabis activity is legal in the states Planet 13 operates in but remains illegal under U.S. federal law. Planet 13's shares trade on the Canadian Securities Exchange under the symbol PLTH and are quoted on the OTCQX under the symbol PLNH.

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