LAS VEGAS, NV –  December 5, 2022 –  Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNHF) (“Planet 13” or the “Company“),a leading vertically-integrated multi-state cannabis company, announces that its subsidiary MM Development Company, Inc. has received approval for a Nevada consumption lounge from the Nevada Cannabis Compliance Board (“CCB”). The Planet 13 Entertainment Complex will be the first of its kind space where consumers can watch products being made, purchase and consume all under one roof. This luxurious, tourist friendly lounge, close to the Las Vegas Strip is expected to elevate the already incredible Planet 13 experience.

“We are thrilled to be moving forward with our plan to bring a world-class cannabis consumption lounge next to the Las Vegas Strip,” said Larry Scheffler, Co-CEO of Planet 13. “Planet 13 has always been about offering new and one-of-a-kind immersive experiences for customers. We look forward to once again pushing the envelope and expanding people’s minds about what cannabis can be.”

For more information on Planet 13, visit the investor website.

About Planet 13

Planet 13 (www.planet13holdings.com) is a vertically integrated cannabis company, with award-winning cultivation, production and dispensary operations in Las Vegas and in Orange County, California. Planet 13 also holds a medical marijuana treatment center license in Florida and a 49% interest in Planet 13 Illinois which holds a provisional Social-Equity Justice Involved dispensing license in the Chicago-region of Illinois. 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 Securities Exchange (CSE) under the symbol PLTH and on the OTCQX under the symbol PLNHF.

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