Las Vegas, Oct. 15, 2024 (GLOBE NEWSWIRE) --  Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced the upcoming grand opening of Planet 13 Port Orange on October 19, 2024, the Company’s 28^th dispensary in Florida and 32^nd nationwide. Planet 13 Port Orange is located at 900 Village Trail in Port Orange and will be open Monday through Sunday from 9 a.m. to 8 p.m.

Located adjacent to prominent shopping areas, Planet 13 Port Orange is just 3 miles west of the beach and 8 miles south of the iconic Daytona International Speedway. Port Orange is in the Deltona-Daytona Beach-Ormond Beach metropolitan area, a popular tourist destination with a growing population of over 600,000. Port Orange and Daytona Beach are in Volusia County which attracted over 10-million visitors in 2023, generating $5 billion in tourism revenue¹.

“Florida continues to be a cornerstone of the Planet 13 growth strategy, and we’re pleased to expand patient access and strengthen our presence on the east coast of the Sunshine State with the opening of our 28^th dispensary in the state,” said Larry Scheffler, Co-CEO of Planet 13. “Port Orange has a growing population, in addition to being a popular tourist destination, and we’re thrilled to bring our award-winning portfolio of brands as well as the unique Planet 13 experience to the residents of Volusia County.”

For additional convenience and accessibility, patients can choose to order ahead at https://www.vidacann.com/ for express in-store pickup.

Grand Opening Celebration: October 19, 2024

Planet 13 will host a Grand Opening Celebration on Saturday, October 19, 2024 starting at 9 a.m. ET.

•        Releaf Clinic will be on-site to assist patients with obtaining and renewing their medical cards.
•        A local food truck will be providing delicious meals throughout the day.
•        The first 100 patients will receive a special thank-you gift & t-shirt, along with access to our everyday best prices.

This celebration highlights Planet 13’s commitment to its patients and the Florida medical cannabis community.

About Planet 13
Planet 13 (https://planet13.com) 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!, the opening of its first Illinois dispensary in Waukegan, bringing unparalleled cannabis experiences to the Chicago metro area. 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 (CSE) under the symbol PLTH and are quoted on the OTCQX under the symbol PLNH. To learn more, visit planet13.com and follow Planet 13 on Instagram @planet13stores.

Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws. All statements, other than statements of historical fact, are forward-looking statements and are often, but not always, identified by phrases such "plans", "expects", "proposed", "may", "could", "would", "intends", "anticipates", or "believes", or variations of such words and phrases. In this news release, forward-looking statements relate to the announcement of store openings. Such forward-looking statements reflect what management of the Company believes, or believed at the time, to be reasonable assumptions and accordingly readers are cautioned not to place undue reliance upon such forward-looking statements and that actual results may vary from such forward-looking statements. These assumptions, risks and uncertainties which may cause actual results to differ include, among others, those assumptions, risks and uncertainties discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and any of the Company's subsequent periodic reports filed with the U.S. Securities and Exchange Commission at www.sec.gov and on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made only as to the date of this press release and we assume no obligation to update or revise any forward-looking statements should they change, except as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Source: Planet 13 Holdings Inc.

¹Volusia county tourism

For further inquiries, please contact:

Planet 13 Investors:
Robert Groesbeck or Larry Scheffler
Co-Chief Executive Officers
ir@planet13lasvegas.com

LodeRock Advisors Inc., Planet 13 Investor Relations
mark.kuindersma@loderockadvisors.com
725-331-7650 ext. 105210

Planet 13 Media:
Colin Trethewey / PRmediaNow Communications
Colin@PRmediaNow.com