Planet 13 Teams-up with Boxing Legend Mike Tyson, Announcing Exclusive Nevada Launch of Tyson Ranch
LAS VEGAS , March 14, 2019 /CNW/ - Planet 13 Holdings Inc. (PLTH.CN) (PLNHF) ("Planet 13" or the "Company"), a leading vertically-integrated Nevada cannabis company, announced today that it has signed a Purchase Agreement (the "Agreement") with Mike Tyson's cannabis venture, Tyson Ranch ("TR"), to be the exclusive launch partner of Tyson Ranch products in Nevada . The Agreement also includes marketing appearances by 'Iron Mike' at the Planet 13 Cannabis Entertainment Complex (the "SuperStore"). Tyson Ranch products will be available on Superstore shelves on April 13 th with Mike Tyson attending the launch, offering autographs, pictures, and raffling memorabilia and prizes for Planet 13 customers.
"With thousands of consumers and cannabis aficionados from all over the world coming through our doors every single day the Planet 13 Cannabis Entertainment Complex offers brand companies a unique venue to launch their brands and rapidly build a national and global reputation. We are honored that Mr. Tyson has chosen the Planet 13 SuperStore for the Nevada launch of Tyson Ranch and appreciate the opportunity to be the exclusive launch partner for this widely anticipated brand, in Nevada ," said Bob Groesbeck , Co-CEO of Planet 13. "With our Phase II expansion underway, we expect the SuperStore's national and global reputation to continue to accelerate making Planet 13 the perfect place to build a nationwide brand."
Tyson Ranch consists of a team with over 100+ years of industry experience with deep love, respect and appreciation for the plant. Tyson Ranch focuses on quality and exotic genetics to ensure quality and premium cannabis products. All Tyson Ranch products are indoor cultivated, hand trimmed, and 100% pesticide free.
Mike Tyson , the founder of Tyson Ranch , added. " Tyson Ranch is all about going the extra step to offer truly great cannabis. The Planet 13 Cannabis Entertainment Complex offers customers an ultra-premium cannabis experience that dovetails perfectly with Tyson Ranch's belief that not all cannabis is created equal."
About Planet 13
Planet 13
(www.planet13holdings.com) is a vertically
integrated cannabis company based in Nevada , with award-winning
cultivation, production and dispensary operations in Las Vegas -
the entertainment capital of the world. 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 Stock Exchange (CSE) under the
symbol PLTH and OTCQB under the symbol PLNHF.
About Tyson Ranch
Tyson
Ranch is a cannabis company founded by Mike Tyson . Consistency and
quality are at the core of our company with the mission to make
cannabis universally understood and accessible. Through select
partnerships with esteemed growers, Tyson Ranch proudly supports
the industries very best, bringing you 'Better Cannabis' in every
single package. Our commitment to the plant and passion for exotic
genetics ensure that we deliver clean, quality, premium cannabis
with every purchase. Learn more at tysonranch.com
Cautionary Note Regarding
Forward-Looking Information
This news release contains
"forward-looking information" and "forward-looking statements"
(collectively, "forward-looking statements") within the meaning of
the applicable Canadian securities legislation. All statements,
other than statements of historical fact, are forward-looking
statements and are based on expectations, estimates and projections
as at the date of this news release. Any statement that involves
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions, future events or
performance (often but not always using phrases such as "expects",
or "does not expect", "is expected", "anticipates" or "does not
anticipate", "plans", "budget", "scheduled", "forecasts",
"estimates", "believes" or "intends" or variations of such words
and phrases or stating that certain actions, events or results
"may" or "could", "would", "might" or "will" be taken to occur or
be achieved) are not statements of historical fact and may be
forward-looking statements. In this news release, forward looking
statements relate to, among other things, future expansion
plans.
These forward-looking statements are based on
reasonable assumptions and estimates of management of the Company
at the time such statements were made. Actual future results may
differ materially as forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to
materially differ from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors, among other things, include: final
regulatory and other approvals or consents; fluctuations in general
macroeconomic conditions; fluctuations in securities markets;
expectations regarding the size of the Nevada cannabis market and
changing consumer habits; the ability of the Company to
successfully achieve its business objectives; plans for expansion;
political and social uncertainties; inability to obtain adequate
insurance to cover risks and hazards; and the presence of laws and
regulations that may impose restrictions on cultivation,
production, distribution and sale of cannabis and cannabis related
products in the State of Nevada ; and employee relations. Although
the forward-looking statements contained in this news release are
based upon what management of the Company believes, or believed at
the time, to be reasonable assumptions, the Company cannot assure
shareholders that actual results will be consistent with such
forward-looking statements, as there may be other factors that
cause results not to be as anticipated, estimated or intended.
Readers should not place undue reliance on the forward-looking
statements and information contained in this news release. The
Company assumes no obligation to update the forward-looking
statements of beliefs, opinions, projections, or other factors,
should they change, except as required by law.
The
Company is indirectly involved in the manufacture, possession, use,
sale and distribution of cannabis in the recreational and medicinal
cannabis marketplace in the United States through its subsidiary
MMDC. Local state laws where MMDC operates permit such activities
however, these activities are currently illegal under United States
federal law. Additional information regarding this and other risks
and uncertainties relating to the Company's business are contained
under the heading "Risk Factors" in the Company's annual
information form dated October 18, 2018 filed on its issuer profile
on SEDAR at www.sedar.com.
No stock
exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
SOURCE Planet 13 Holdings Inc.
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