Planet 13 Holdings Inc (CSE:PLTH, OTCQX:PLNHF) has announced the first location of its planned Florida dispensary network in Orange Park, a thriving suburb of Jacksonville and one of the hottest real estate markets in the US.
"We've been heads down working hard on our Florida expansion,” said Bob Groesbeck, Co-CEO of Planet 13, in a statement. “We are progressing well on locating and working on both cultivation and retail under a dual-track plan to bring both online at the same time.”
He added: "This is the first signed lease of our initial six planned neighborhood-style stores all focused on major population centers and heavily trafficked retail locations."
READ: Planet 13 completes acquisition of Next Green Wave to gain cultivation and production operations in California
The location in south Jacksonville is on a busy retail corridor next to a Walmart Superstore and near the scenic St. John's River, a popular destination for tourists and local residents.
Planet 13 is a vertically integrated cannabis company, with 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 won a lottery for a Social-Equity Justice-involved dispensing license in the Chicago region.
Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations as a creator of innovative cannabis products.
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