Planet 13 Holdings Inc (CSE:PLTH, OTCQX:PLNHF) has announced that its MM Development Company Inc subsidiary has received approval for a Nevada consumption lounge from the Nevada Cannabis Compliance Board (CCB).
The Planet 13 Entertainment Complex will be the first of its kind space where consumers can watch products being made, purchase and consume all under one roof. This luxurious, tourist-friendly lounge, close to the Las Vegas Strip is expected to elevate the already incredible Planet 13 experience.
"We are thrilled to be moving forward with our plan to bring a world-class cannabis consumption lounge next to the Las Vegas Strip," said Larry Scheffler, Co-CEO of Planet 13 in a statement.
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"Planet 13 has always been about offering new and one-of-a-kind immersive experiences for customers. We look forward to once again pushing the envelope and expanding people's minds about what cannabis can be," he added.
Planet 13 has award-winning cultivation, production and dispensary operations in Las Vegas and in Orange County, California.
The company also holds a medical marijuana treatment center license in Florida and a 49% interest in Planet 13 Illinois which holds a provisional Social-Equity Justice Involved dispensing license in the Chicago region of Illinois.
Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations and a creator of innovative cannabis products.
Contact the author at jon.hopkins@proactiveinvestors.com