Planet 13 Holdings Inc (CSE:PLTH, OTCQX:PLNHF) said it has submitted its proposed Illinois location in Fountain Square, Waukegan, Illinois to the Illinois Department of Financial & Professional Regulation (IDFPR) and local regulators for approval.
"Along with our Planet 13 Illinois partner Frank Cowan, we have selected a dispensary location in Waukegan, Illinois that we are very excited about. It is in a prominent shopping center with multiple stores, restaurants, hotels, and a recently announced casino project. It is located off the Interstate 94 highway between Milwaukee and Chicago, close to the Wisconsin border," said Bob Groesbeck, co-CEO of Planet 13 in a statement.
"The Illinois location will be smaller than both the Las Vegas and Orange County dispensaries but will still meet Planet 13's high standards for customer experience," he added.
READ: Planet 13 Holdings says it has received approvals to expand cultivation in Nevada
The build-out and opening for the location is conditioned on approvals from Illinois state regulators and the City of Waukegan. The company said it will continue to provide updates as appropriate.
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 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