For the upcoming 5 years, the company aims to open an additional 8 stores. Planet 13’s shares trade on the Canadian Stock Exchange (CSE) under the symbol PLTH. Las Vegas city is a place where visitors only want entertainment and surprises. Gerald Auto Group Purchases Planet Toyota and Planet Honda - Chicago, IL - Chicago-area dealership adds iconic, world-leading brands and new locations to … Planet 13 Las Vegas is located on West Desert Inn Rd. Planet 13, a Las Vegas Valley-based marijuana company, announced Thursday it’s opening a 16,500-square-foot dispensary and entertainment venue on the corner of … Have a confidential news tip? (All figures are in Canadian dollars unless otherwise stated). Get ahead of the crowd by signing up for 420 Investor, the largest & most comprehensive premium subscription service for cannabis traders and investors since 2013. “But this is Las Vegas after all.”. The Company has granted the Underwriters an option (the “Over-Allotment Option”), exercisable, in whole or in part, by Beacon, on behalf of the Underwriters, giving notice to the Company at any time and from time to time up to 30 days following the Closing Date, to purchase, or to find substituted purchasers for, up to an additional number of Units equal to 15% of the number of Units sold pursuant to the Offering at the Offering Price to cover over-allotments, if any, and for market stabilization purposes. A proposed marijuana mega-dispensary just a block off the Strip will also feature an entertainment experience with typical Las Vegas flair, its CEO said Thursday. LAS VEGAS, Nov. 8, 2018 /CNW/ – Planet 13 Holdings Inc. (“Planet 13” … persons” (as defined in Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from the registration requirements. He is also a mentor and professional advisor to artists working in all disciplines. Charlotte’s Web CBD Sales Increase 17% Sequentially to $25.2 Million, Acreage Q3 Revenue Increases 17% Sequentially to $31.7 Million. Phase 1, expected to be completed in November, will include an interactive entertainment space and more than 16,500 square feet of retail space. “Are we over the top? The NCV Newswire is hand-curated by an editor and not automated in anyway. Planet Organic is a British supermarket chain, with eight stores in London as of April 2020.. History. Planet 13’s mission is to build a recognizable global brand known for world class dispensary operations, and a creator of innovative cannabis products. The best cannabis industry news sent to your inbox every Sunday. Planet 13 is politically loaded—the brainchild of CEO Bob Groesbeck and business partner Larry Scheffler. Mudassar Hassan brings 6 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. The dispensary, scheduled to have 700 square feet more retail space than Nuwu Cannabis Marketplace located on tribal land near downtown Las Vegas, will have over a dozen 15-foot-tall LED lotus flowers on the roof that can be controlled by customers. Maybe a little bit,” Planet 13 CEO Bob Groesbeck said. Planet 13 opened its first dispensary, at 4850 W. Sunset Road, in March 2016. In stores, Planet 13 decides to add Coffee Shop and Restaurant, experiential in-house production. View daily, weekly or monthly format back to when PLANET 13 HOLDINGS INC stock was issued. “We want Las Vegas to be the cannabis capital of the world,” Segerblom said. “And this is the start of it.”, © Las Vegas Sun, 2020, All Rights Reserved, Planet 13 Superstore Dispensary Construction Tour, Father-Son Veterans Ron and Charles McGee. David Farris, Planet 13 director of marketing, gives a tour near the future Planet 13 entrance during a news conference for the Planet 13 Superstore dispensary, a cannabis entertainment complex, under construction on Desert Inn Road near the Strip Thursday, July 19, 2018. The net proceeds from the Offering will be used for working capital and general corporate purposes. Cannabis Dispensary in Las Vegas, NV . Furthermore, in Santa Ana, California the company is opening a retail store in 2021. The entire facility, including office space for the venue’s estimated 100 employees, will cover 120,000 square feet. He is also the gold medalist from Abbottabad University of Science and Technology in the Bachelors of Sciences of Computer Science, California’s Penny Stock Under Review: Optec International (OPTI), USA Biotech Stock in Focus: Northwest Biotherapeutics (NWBO), Under $3 CytoDyn (CYDY) shares rise towards $7, Relief Therapeutics (RLFTF) recovers by jumping over 20% on about 5 million shares, Beaten Up Oasis Petroleum (OASPQ) Pops 65% Amid Crude Oil Rises 2.61%, Best Motherboard W/ Addressable RGB LED 3 Pin. The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. Fortunately, Planet 13 (OTC: PLNHF) surges more than 4% on about 350 thousand shares. It also engages in the retail distribution and sale of cannabis and related products. Each whole Warrant shall entitle the holder thereof to acquire one Common Share at an exercise price per Common Share of $3.75 for a period of 36 months from the Closing Date (as defined below). LAS VEGAS, Nov. 8, 2018 /CNW/ – Planet 13 Holdings Inc. (“Planet 13” or the “Company”) (CSE:PLTH) (OTCQB:PLNHF) is pleased to announce that it has entered into an agreement with Beacon Securities Limited (“Beacon” or the “Lead Underwriter”), on behalf of a syndicate of underwriters (together with the Lead Underwriter, the “Underwriters”), to purchase, on a bought deal basis, 6,666,667 units (the “Units”) in the capital of the Company at a price of $3.00 per Unit (the “Offering Price”) for aggregate gross proceeds to the Company of $20,000,001(the “Offering”). Mudassar Hassan brings 6 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. The largest and most comprehensive premium subscription service for cannabis traders and investors since 2013. The Units to be issued under the Offering will be offered by way of a short form prospectus to be filed in the provinces of Alberta, Ontario, Nova Scotia, Prince Edward Island and Newfoundland (and such other provinces as agreed between the Company and the Underwriters). Planet Organic was founded by Renée Elliott, who was born in Pascagoula, Mississippi, US, and graduated from the University of Massachusetts Lowell in 1976,, and opened the first store in 1995.. We could endlessly talk about future plans of Planet 13 but looking at existing stores one may conclude that the company has full potential to go ahead with generating revenue and lifting up the stock. The closing of the Offering is expected to occur on or about December 4, 2018 (the “Closing Date”) and is subject to the completion of formal documentation and receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange.