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Cannabis

Planet 13 Holdings announces second location of its planned Florida dispensary network in the city of Port Richey

"This is our second dispensary location of our initial six neighborhood dispensaries targeted towards major Florida population centers with underserved local residents," said Larry Scheffler, co-CEO of Planet 13

Planet 13 Holdings Inc (CSE:PLTH, OTCQX:PLNHF) has announced the second location of its planned Florida dispensary network located in the city of Port Richey, a prominent suburb in the rapid-growth Tampa - St. Petersburg - Clearwater region.

"We are continuing to execute on our Florida expansion in line with our budget and timeline. This is our second dispensary location of our initial six neighborhood dispensaries targeted towards major Florida population centers with underserved local residents," said Larry Scheffler, co-CEO of Planet 13 in a statement.

The company said the location in Port Richey is on a busy retail corridor near a Home Depot and on the way to the popular waterfront destinations from downtown.

READ: Planet 13 announces expansion of STIIIZY partnership with new shop-in-shop at Las Vegas SuperStore

In a separate statement, Planet 13 also announced that it plans to release its financial results for the first quarter ended March 31, 2022, on May 16, 2022, after the market close.

The company said it will host a conference call on May 16, 2022, at 5.00pm ET to discuss the first quarter financial results and provide investors with key business highlights. The call will be chaired by Bob Groesbeck, co-CEO, Larry Scheffler, co-CEO, and Dennis Logan, CFO.

Participant Dial-in details: Toll Free 888-506-0062 or International 973-528-0011; Access Code 874790. Webcast link https://www.webcaster4.com/Webcast/Page/2477/45516. Replay Dial-in Available for 2 weeks: Toll-Free 877-481-4010 or International 919-882-2331; Reference Number 45516

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 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.

On May 4, 2022, Planet 13 announced a partnership expansion of its cannabis brand STIIIZY to include a shop-in-shop experience at its flagship Las Vegas SuperStore following a successful shop-in-shop partnership at its Orange County.

The company's other shop-in-shop partners are CANN in Las Vegas, and SELECT and STIIIZY in Orange County.

Contact the author at jon.hopkins@proactiveinvestors.com

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