Transactions

Overview

Planet 13 Completes Acquisition of 45,000 Square Feet of Indoor Cultivation

July 17, 2020

Planet 13 Holdings Inc. (CSE:PLTH), a leading vertically-integrated Nevada cannabis company, entered into an asset purchase agreement pursuant to which it acquired cannabis inventory, equipment and tenant improvements, and subject to regulatory approval will acquire the Nevada cannabis licenses at a 45,000 square foot indoor cultivation and production facility in Las Vegas, Nevada from West Coast Development Nevada, LLC.

Wildeboer Dellelce LLP acted as Canadian counsel to Planet 13 with a team that included Charlie Malone and Ragu Anantharajah (corporate/securities and mergers & acquisitions).