Planet 13 Holdings Inc OTCMKTS: PLNHF 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 OTCQB under the symbol PLNHF.
On April 3rd, 2019 Planet 13 Holdings Inc announced that it has launched its third wholly-owned brand, Leaf & Vine, following the significant success of its Medizin line of connoisseur focused products and the TRENDI line of compact, easy-to-use disposable vape and concentrate products. Leaf & Vine products will be available on Superstore shelves.
“We have designed Leaf & Vine specifically for a more casual social experience. Using a hand-selected variety of strains with a higher CBD content, Leaf and Vine is perfect for a fun night out or to spice up a conversation over dinner,” said Larry Scheffler, Co-CEO of Planet 13. “Planet 13 has a proven model for designing, launching and selling branded products. The TRENDI brand we launched in November is now the number one selling concentrate brand in Nevada1. With a customer-focused approach to product development, a commitment to ultra-premium quality and the world’s best showroom floor for new and innovative products, Planet 13 possesses a brand development and sales platform that is irreplicable in the cannabis industry today.”
Leaf & Vine specializes in premium cannabis concentrates and elegant vapes with touches of classy chic elements. Created with handpicked strains with higher CBD content and high-quality vaporizing technology, Leaf & Vine is the perfect brand for on-the-go, sophisticated lifestyles.
The company also remains in the news as on March 14th, 2019 announced today that it has signed a Purchase Agreement (the “Agreement”) with Mike Tyson’s cannabis venture, Tyson Ranch (“TR”), to be the exclusive launch partner of Tyson Ranch products in Nevada. The Agreement also includes marketing appearances by ‘Iron Mike’ at the Planet 13 Cannabis Entertainment Complex (the “SuperStore”). Tyson Ranch products will be available on Superstore shelves on April 13th with Mike Tyson attending the launch, offering autographs, pictures, and raffling memorabilia and prizes for Planet 13 customers.
“With thousands of consumers and cannabis aficionados from all over the world coming through our doors every single day the Planet 13 Cannabis Entertainment Complex offers brand companies a unique venue to launch their brands and rapidly build a national and global reputation. We are honored that Mr. Tyson has chosen the Planet 13 SuperStore for the Nevada launch of Tyson Ranch and appreciate the opportunity to be the exclusive launch partner for this widely anticipated brand, in Nevada,” said Bob Groesbeck, Co-CEO of Planet 13. “With our Phase II expansion underway, we expect the SuperStore’s national and global reputation to continue to accelerate making Planet 13 the perfect place to build a nationwide brand.”
Tyson Ranch consists of a team with over 100+ years of industry experience with deep love, respect and appreciation for the plant. Tyson Ranch focuses on quality and exotic genetics to ensure quality and premium cannabis products. All Tyson Ranch products are indoor cultivated, hand trimmed, and 100% pesticide free.
Mike Tyson, the founder of Tyson Ranch, added. “Tyson Ranch is all about going the extra step to offer truly great cannabis. The Planet 13 Cannabis Entertainment Complex offers customers an ultra-premium cannabis experience that dovetails perfectly with Tyson Ranch’s belief that not all cannabis is created equal.”
On April 8th, 2019 leading agency and financial media network dedicated to the North American cannabis industry announces publication of an article discussing how the American Cannabis market is being fueled by positive legislation.
Cannabis may be illegal on a federal level across the United States, but that hasn’t stopped a multi-billion dollar industry from emerging on the state level. While some investors have avoided the country’s cannabis market due to the federal risk, new cannabis legislation in the House and Senate could dramatically reshape the industry’s risk profile. The legalization of adult-use cannabis across a growing number of states could also create new opportunities.