Planet 13 Holdings Inc (OTC: PLNH) Stock Gains As Company Strengthens Florida Footprint Panama City Dispensary Opening
If you are currently looking into the cannabis space then the Planet 13 Holdings Inc (OTC: PLNH) stock could well be one worth tracking. This morning the company has come into focus in a big way following a significant new announcement and it could be a good move to take a closer look.
New Dispensary Opening
Planet 13 Holdings hit the news wires this morning after the company announced that on December 27, 2024 Planet 13 Panama City was going to be opened. It would be the 30th dispensary for the company in the state of Florida and the 34th on a national level. The dispensary would operate from Mondays to Sundays from 8 in the morning until 8 in the evening.
Key Details
In the news release, Planet 13 Holdings stated that the dispensary, spread across 1600 square foot, would serve as a major point of access for the growing patient pool in Panama City. The company stated that the dispensary would also serve its larger interest of providing high quality and safe cannabis offerings to patients across the state of Florida. The area is also well-known for its high level of consumer spending and higher traffic visibility. It may be a good time to add Planet 13 Holdings to your watch lists.
Key Quote
“We are excited to announce the opening of our 30th Florida dispensary in Panama City, bringing the Planet 13 experience to patients in the Panhandle,” said Larry Scheffler, Co-CEO of Planet 13. “Located in an area with strong consumer spending and high traffic visibility, this dispensary offers excellent potential for long-term growth. With convenient access to shopping, dining, and the beach, Panama City’s vibrant, diverse community makes it an ideal location for our continued expansion on the Gulf Coast.”
