Mr. Robert Groesbeck reports

PLANET 13 INCREASES FOCUS ON IMMERSIVE ENTERTAINMENT AND LIFESTYLE BRANDING, ADDS JILLIAN AUSTIN AS NATIONAL HEAD OF MARKETING EXPERIENCES

Planet 13 Holdings Inc. has hired Jillian Austin as national head of marketing experiences. Ms. Austin brings a wealth of experience as Planet 13 and its new Lifestyles business accelerate growth by becoming a national brand. As director of brand partnerships at Area15, an immersive entertainment district in Las Vegas, she led collaborations with global brands like Netflix, Disney, Amazon and Tesla spearheading immersive experiences and lifestyle branding.

"The hiring of Jillian Austin marks the next stage in the growth of Planet 13 as a one-of-a-kind entertainment venue," said Bob Groesbeck, co-chief executive officer of Planet 13. "Jillian will oversee special events and celebrity partnerships in our SuperStore and our 31-neighbourhood-store network nationally. Along with the unique experiential entertainment destination we've created in Las Vegas, our newly created Planet 13 Lifestyles brand allows us to partner with global companies for sponsorships, brand partnerships and events without the restrictions that sometimes are attached to other cannabis companies. Jillian's experience and success with Area15 will be a tremendous asset as we deepen our relationship with that unique Vegas destination to drive even more tourist traffic to the SuperStore."

Lee Fraser, chief administrative officer, added: "Along with her work on events, Jillian will be responsible for brand activations in Florida, Illinois and California through our Planet 13 neighbourhood store network. In addition to our popular and market-leading in-house brands, Planet 13 is becoming a partner of choice for celebrity brands like Mike Tyson and Tyson 2.0 and Wiz Kalifa and Khalifa Kush. Jillian will also be responsible for promoting our Planet 13 Lifestyles business. We see tremendous potential for the lifestyle business both as a stand-alone revenue generator and a powerful tool for national brand awareness. Planet 13 is now truly uniquely positioned to reach customers across all 50 U.S. states and every country interested in our brand around the world. We are excited to lean into the opportunity in front of us."

Ms. Austin has over 17 years of experience in immersive and transmedia storytelling, creative strategy and experiential marketing. She has been responsible for events, brand and marketing for Tao Group, ESPN/Disney, and other high-profile hospitality and entertainment companies.

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 operates 28 dispensaries across Florida, a key market in its expansive footprint, bringing its total to 32 locations nationwide. 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.

We seek Safe Harbor.