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Planet 13 Holdings Inc
Symbol PLTH
Shares Issued 325,163,800
Close 2024-12-17 C$ 0.56
Market Cap C$ 182,091,728
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Planet 13 Holdings opens dispensary in Gulf Breeze

2024-12-18 14:07 ET - News Release

Mr. Robert Groesbeck reports

PLANET 13 STRENGTHENS FLORIDA FOOTPRINT WITH OPENING OF 29TH DISPENSARY IN GULF BREEZE IN THE PENSACOLA METROPOLITAN AREA

Planet 13 Holdings Inc. opened Planet 13 Gulf Breeze on Dec. 18, 2024, the Company's 29th dispensary in Florida and 33rd nationwide. Located at 2871 Gulf Breeze Parkway, Gulf Breeze, Fla., the 4,771-square-foot facility is strategically positioned to serve the growing medical cannabis community in the Pensacola area and will be open Monday through Sunday from 9 a.m. to 7 p.m.

"We're excited to expand the Planet 13 experience to the Gulf Breeze community, providing patients in the booming Pensacola metro area with access to our newest dispensary," said Bob Groesbeck, co-chief executive officer of Planet 13. "Gulf Breeze's strong consumer and tourism base, favourable demographics and prime high-traffic location make this opening a strategic step toward driving sustained revenue growth."

Located within close proximity of Pensacola's iconic white sand beaches, historical downtown as well as key recreational adult activities, including Gulf Islands Seashore National Park, the Tiger Point Golf Club and the Oriole Beach Boat Ramp, Planet 13's new Gulf Breeze location reinforces the company's growth strategy, positioning it well to capture additional market share in Florida's medical cannabis market.

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 29 dispensaries across Florida, a key market in its expansive footprint, bringing its total to 33 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.

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