Planet 13 Holdings Inc (CSE:PLTH, OTCQX:PLNHF) co-CEO Larry Scheffler says the company plans to use a 23 acre parcel of land in Florida that it has acquired for US$3.3 million as a central location for its planned marijuana cultivation and processing expansion in Florida.
Planet 13 said the staged cultivation facility is planned to be a 63,000 square foot building for indoor cultivation, estimated to annually produce 12,000 pounds of premium flower, 2,400 pounds of premium small flower buds and 6,000 pounds of trim.
Scheffler told Proactive that the company has already announced three locations for medical dispensaries in three cities and is currently looking at 10 additional sites.