Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNHF), a leading vertically-integrated Nevada cannabis company, today announced it is expanding the Las Vegas SuperStore dispensary and adding new entertainment features. Planet 13 is doubling the sales floor and expanding the dispensary to ~23,000 sq. ft. The additional entertainment feature and lower wait times will improve on the already fantastic customer experience.
“Our focus on providing a safe, personalized shopping experience combined with overwhelming demand has led to longer wait times and lost customers during peak periods,” said Larry Scheffler Co-CEO of Planet 13. “We are expanding our sales floor, increasing cash registers, and adding new entertainment to capture lost sales and improve the shopping experience. Planet 13 has built its reputation on great customer service and unique entertainment. We are achieving record sales even with Las Vegas at ~50% tourist occupancy. As Las Vegas returns to normal and this industry continues to grow, we anticipate that this will be first of many expansions we will undertake to keep up with demand.”
The expansion adds 40 points of sale, an a 80-foot video wall. The expansion’s CAPEX cost is $1.5 – $2.5 million and is expected to be complete by the end of Q1 2021.
For further inquiries, please contact:
LodeRock Advisors Inc., Planet 13 Investor Relations
(416) 519-2156 ext. 2230
Robert Groesbeck or Larry Scheffler
Co-Chief Executive Officers
# # #
About Planet 13
Planet 13 (www.planet13holdings.com) is a vertically integrated cannabis company based in Nevada, with award-winning cultivation, production and dispensary operations in Las Vegas – the entertainment capital of the world. Planet 13’s mission is to build a recognizable global brand known for world-class dispensary operations and a creator of innovative cannabis products. Planet 13’s shares trade on the Canadian Stock Exchange (CSE) under the symbol PLTH and OTCQX under the