Mr. Robert Groesbeck reports

PLANET 13 LAUNCHES EXCLUSIVE PARTNERSHIP TO BRING ONI'S RENOWNED PRODUCTS TO FLORIDA

Planet 13 Holdings Inc. has formed a partnership with Praetorian Global Inc., a leading brand owner and intellectual property provider to the global cannabis and hemp industry, to launch ONI products exclusively across Florida in Planet 13 stores.

Founded in the legacy market and acquired by Praetorian in 2022, ONI has earned a cult following for its genetics and precision in solventless extraction. Known for developing iconic strains like Tropicanna Cookies and Papaya, ONI has become synonymous with purity, discipline and craftsmanship in hash culture. After its successful Colorado debut in 2024, Praetorian's partnership with Planet 13 brings ONI's first regulated market expansion and official Florida launch.

"We're excited to introduce ONI's Private Stock line to Florida," said Jeffrey Trappe, chief operating officer of Planet 13 Florida. "ONI's legacy of precision and purity fits perfectly with Planet 13's commitment to offering patients the highest-quality, most innovative products available."

The collaboration will bring Private Stock -- powered by ONI Genetics to Florida's medical cannabis market, beginning with two flagship solventless products:

• All-in-one solventless hash rosin vape -- delivering pure rosin flavour and effect in a convenient format;
• Cold Cure rosin -- handcrafted, small-batch rosin showcasing ONI's signature genetics and precision.

All-in-one solventless hash rosin vapes will be available in all Planet 13 Florida locations beginning Nov. 21, 2025, and the Cold Cure rosin will hit shelves in January, 2026.

ONI brand ambassadors will be on-site at five Planet 13 stores on launch day, Nov. 21, to meet patients and introduce the line at Planet 13 dispensaries in Largo, Clermont, Deerfield Beach, Jacksonville Roosevelt and Pensacola. Brand ambassadors will continue visiting all Planet 13 Florida stores over the coming months for in-person customer engagement.

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 dispensaries across Florida, a key market in its expansive footprint. 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 United States 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.

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