Planet 13 Set for Strategic Florida Expansion

Planet 13 Holdings, Inc. (TSE:PLTH) has released an update.

Planet 13 Holdings Inc., a prominent cannabis market player, has secured the necessary regulatory approvals from the Florida Office of Medical Marijuana Use to finalize the sale of its subsidiary Planet 13 Florida and the acquisition of VidaCann, LLC. This marks a significant step in the company’s expansion strategy, with the closure of these transactions expected in May 2024. These developments align with Planet 13’s ongoing mission to enhance its presence in the cannabis industry and provide world-class cannabis experiences across multiple states.

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