LAS VEGAS, NV / ACCESSWIRE / September 21, 2021 / Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF) (“Planet 13” or the “society“), a leading vertically integrated national cannabis company, announces the opening of expanded retail space, doubles the size of the cannabis retail space, and adds 40 registers for increased sales volume and faster checkout – Sales have added more premium showcases and new entertainment features , including a 25m wide and 6m high LED wall that showcases immersive entertainment like a giant waterfall that creates an incredible visual effect for customers.
“Planet 13 defines what the cannabis shopping experience can be with entertainment and personalized service. I am excited to open our expanded pharmacy and show our customers what we have been working on behind the curtain to further develop and enhance our leading customer experience “said Larry Scheffler, Co-CEO of Planet 13.” This expansion was absolutely critical, especially on weekends and our busiest days when waiting times could be over an hour. Now we can dramatically cut those peak waiting times and more move customers through much faster. The addition of more premium cases gives us more flexibility in promoting products and helps us to increase our sales with new advertising orders. “
About planet 13
Planet 13 is a vertically integrated cannabis company with award-winning grow, manufacture, and pharmacy operations in Las Vegas and pharmacy operations in Orange County, California. Planet 13’s mission is to build a recognizable global brand known for world class pharmacy operations and a creator of innovative cannabis products. Planet 13’s shares are traded on the Canadian Stock Exchange (CSE) under the symbol PLTH and OTCQX under the symbol PLNHF.
Cautionary Statement Regarding Forward-Looking Information
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This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this press release. Any statement that involves discussion of predictions, expectations, beliefs, plans, projections, goals, assumptions, future events or performance (often, but not always, with phrases such as “expected” or “does not expect”, “is expected,” “anticipates” or “does not expect”, “plans”, “budget”, “planned”, “forecast”, “estimates”, “believes” or “intends” or variations of such words and phrases or indicates that certain actions, Events or results “could” or “could”, “could”, “could” or “will” occur or be achieved) are not statements of historical fact and may be forward-looking statements proposed license acquisition, conditions for the completion of the proposed acquisition, expectations regarding the effects of the proposed acquisition, or the company’s ability to successfully conduct business to make goals.
These forward-looking statements are based on reasonable assumptions and estimates made by the company’s management at the time these statements were made. Actual future results could differ materially because forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or accomplishments of the company to differ materially from those expressed in the future or forward-looking statements are implied. These factors include, but are not limited to: the ability to complete the proposed acquisition; the ability to obtain the necessary regulatory approval and other conditions for the completion of the proposed acquisition on the proposed terms; the company’s ability to find and secure suitable locations for planned retail cultivation and expansion; Changes in general economic, business and political conditions, including changes in financial markets; Changes in applicable laws; Compliance with comprehensive government regulations; the diversion of management time for the proposed takeover; Risks related to COVID-19 and other infectious diseases that present themselves as serious health problems; Fluctuations in the securities markets; Expectations regarding the size of the cannabis market in Florida and changing consumption habits; the company’s ability to successfully achieve its business objectives; Expansion plans; political and social uncertainties; Inability to obtain adequate insurance to cover risks and hazards; and the existence of laws and regulations that may restrict the cultivation, production, distribution, and sale of cannabis and cannabis products in the state of Florida; and employee relationships. Although the forward-looking statements contained in this press release are based on assumptions that the company’s management believes or at the time believed to be reasonable, the company cannot assure shareholders that actual results will correspond to these forward-looking statements. as there may be other factors that cause results not to be as expected, estimated or intended. Readers are cautioned not to place undue reliance on the forward-looking statements and information in this press release. The company assumes no obligation to update any forward-looking statements of beliefs, opinions, projections or other factors should they change, unless required by law.
The company is indirectly involved in the manufacture, possession, use, sale, and distribution of cannabis in the recreational and medicinal cannabis markets in the United States through licensed subsidiaries in states that have legalized marijuana business in federal states . Additional information about these and other risks and uncertainties related to the company’s business, including COVID-19, is included under the heading “Risk Factors” and elsewhere on the Company’s Annual Information Form dated April 5, 2021, which is available on its Issuer Profile SEDAR at www.sedar.com.
No stock exchange, securities commission or other regulatory authority has approved or rejected the information contained herein.
If you have any questions, please contact:
LodeRock Advisors Inc., Planet 13 Investor Relations
mark.kuindersma@loderockadvisors.com
Robert Groesbeck or Larry Scheffler
Co-Chief Executive Officers
ir@planet13lasvegas.com
SOURCE: Planet 13 stocks
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