Dazzling Las Vegas Cannabis Dispensary and Entertainment Superstore Coming in November


Wallace Grafton

July 30th, 2018

Exclusive, News, Top Story


Planet 13 Holdings Inc, (CSE: PLTH), known for the award-winning Planet 13 cannabis dispensary located in Las Vegas, is in the process of changing the game in a huge way. To the delight of its customers, who have long been drawn to the dispensary’s welcoming environment, knowledgeable staff, and wide variety of cannabis products, the company just unveiled the interior design for the new Planet 13 Superstore & Entertainment Complex, slated to open in November 2018.   

Visitors to the new superstore and entertainment complex will experience a sensory overload of special effects – with a sophisticated outdoor water feature, giant electric interactive lotus flowers on the roof, a huge interactive LED floor, laser graffiti walls, and overhead aerial orbs circling every hour. Planet 13 is giving its one-of-a-kind cannabis attraction the “full Vegas treatment” according to Co-CEOs Bob Groesbeck and Larry Scheffler.   

See a preview of entertainment features at the Planet 13 Superstore.

Planet 13’s new interactive entertainment experience has been designed to appeal to both cannabis aficionados and the general public. When all phases are complete, it will be the world’s largest cannabis entertainment complex encompassing 112,000 square feet.   

The first phase is currently under construction at the new location, just off the Strip at 2548 W. Desert Inn Road in Las Vegas. The 40,000 square foot Phase 1 of the new complex will boast 16,500 of retail space, 45 registers, and all of the same knowledgeable staff and variety of cannabis products Planet 13’s customers have come to expect.

Planet 13 Holdings  is a vertically integrated cannabis company that holds two licenses in Clark County (where Las Vegas is located) – its recreational dispensaries will operate under The Planet 13 brand, while the sister company, Medizin, will be the primary branded product line with capsules, syrups, and other high margin products. Expanding on the success of it’s existing dispensary, which this past April released revenue figures amounting to $9 million in 2017 with EBITDA of $1.6 million, Planet 13 hopes to stand out in the midst of all the Vegas razzle-dazzle to attract a fair share of the over 55 million annual visitors to the City of Lights.   

Las Vegas and the Nevada Market

Tax revenue from marijuana sales in Nevada surpassed official projections for the first year of recreational sales in just 10 months, according to new figures released recently by the Nevada Department of Taxation. The state of Nevada collected $55.53 million in marijuana tax revenues through the end of April, accounting for about 17% of the state’s total taxable sales. The total combined sales through April for medical, recreational and marijuana-related goods since recreational use became legal in July, 2017 is $433.51 million.

With Clark County comprising about ⅔ of Nevada’s total population, accounting for the vast majority of the state’s tourist traffic, and hosting 48 out of the 63 dispensaries licensed as of June 2018, Las Vegas is obviously driving a majority of that revenue. With no dispensaries allowed on the Strip itself, Planet 13’s location as close to the Strip as legally allowed is ideal for generating as much interest, traffic, and revenue as possible.

Planet 13 has further plans to diversify its revenue streams by offering new tinctures, ingestible oils, and infused food/drinks, merchandising, and its new online ordering and delivery system. The company was recently voted as the #1 cannabis dispensary in Las Vegas and has produced five award winning marijuana strains.

For more information on the company please visit the website: Planet 13 Holdings, Inc.

Disclaimer 

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: https://www.cannabisfn.com/legal-disclaimer/

Avatar

About Wallace Grafton



Network Partners

Follow Us on Social Media

About CFN Media

CFN Media (CannabisFN) is the leading creative agency and media network dedicated to legal cannabis. We help marijuana businesses attract investors, customers (B2B, B2C), capital, and media visibility. Private and public marijuana companies and brands in the US and Canada rely on CFN Media to grow and succeed.

CFN launched in June of 2013 to initially serve the growing universe of publicly traded marijuana companies across North America. Today, CFN Media is also the digital media choice for the emerging brands in the space.

Learn How Your Company can Be Covered on CFN Media

Learn More About the CFN Media Sponsored Content Program

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

Copyright © Accelerize Inc. · All Rights Reserved · Privacy Policy · Legal Disclaimer

loading