FLORIDA: Planet 13 Holdings Inc., a leading vertically-integrated multi-state cannabis company, announced the fourth location of its planned Florida dispensary network located in the city of Port Orange on the ‘Fun Coast.’ Port Orange is in the Deltona-Daytona Beach-Ormond Beach metropolitan area, a popular tourist destination with a growing population of over 600,000.
“We are moving along at a steady pace in bringing our vision to fruition in Florida. We are balancing the competing priorities of opening as soon as possible with the need to do it in a cost-effective manner that reduces cash outlay and creates a long-term competitive position,” said Larry Scheffler, Co-CEO of Planet 13. “We are eager to start serving the patients of Port Orange and showing why the Planet 13 name and products command such a strong reputation.”
The location in Port Orange is adjacent to a prominent shopping area and is just 3 miles west of the beach and 8 miles south of the iconic Daytona International Speedway. The Daytona Beach area attracts over 8 million visitors annually.
For more information on Planet 13, visit the investor website.