Planet 13 Holdings (CSE:PLTH) announced the company will begin trading on the Canadian Securities Exchange (CSE) under the ticker symbol “PLTH.”
As quoted in the press release:
Planet 13 currently has six active licenses with the infrastructure in place to cultivate, produce and dispense cannabis and cannabis products in the state of Nevada.”
Nevada, driven by Las Vegas, is one of the most attractive, investor friendly states for cannabis operators in the U.S., and Planet 13 has existing cash flow positive vertically integrated operations that are experiencing strong growth,” said Larry Scheffler, Co-CEO of Planet 13. “Planet 13 has already cultivated a reputation for being a leader in both upstream cultivation as well as downstream product formulation and quality, branding and retail experience. The Company’s Planet 13 Superstore will build on this reputation and truly mark Las Vegas as a world-class cannabis destination. We look forward to opening the Superstore for customers and investors in November of this year.”
Co-CEO Robert Groesbeck added, “As an established innovation leader in the rapidly growing Nevada cannabis market, Planet 13 is positioned to capture a growing share of the substantial tourist dollars that flow through Las Vegas each and every year. As an organization, the Company’s Medizin (medical) and Planet 13 (recreational) brands are already some of the most awarded cannabis product brands in Nevada.”
Click here to read the full press release.