cse:plth - planet13holdings.com · cse:plth world class dispensary • 1 medical license • 1...
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Liberty Watch Magazine
Planet 13 is a vertically integrated Cannabis company focused on creating a unique attraction for the 55 million(1) people who visit Las Vegas every year for the experience of a lifetime.
Investment Highlights
Branded Products Medizin
Investor Fact SheetCSE:PLTH
World Class Dispensary• 1 Medical License
• 1 Recreational License
• ~2,300 sq ft.
• Open 24/7
• 740+ customer visits/day
Online Ordering• Approximately
410 orders per month and growing
• Average online ticket ~USD$120 per order
Leafly 4.7/5
Google 4.9/5
Weedmaps 4.7/5
• Branded Capsules, Syrups and other high margin products
• Award-winning flower strains
• Medizin brand varying Vape Cartridges & concentrates
Cultivation 2 LicensesLas Vegas (Clark County)
• ~15,000 sq. ft. of cultivation and production
• Perpetual harvest cycle
Beatty (Nye County)
• ~500 sq ft.
• R&D, genetics testing
”When Only the Finest Cannabis Will Do... Insist On Medizin.”
Market Facts• Shares Outstanding: 62M Common Shares /
55M class A restricted shares(2)
• Recent Price: $1.45
• Market Cap: $170M
• Cash: US$17.1M
• Insider: ~70%
• Nevada, driven by Las Vegas, is one of the most attractive, investor friendly states for cannabis operators in the U.S. - 55 million(1) tourists visiting Las Vegas every year
• Existing cash flow positive vertically integrated operations that are experiencing strong growth
(1) 2018 estimate. Source: Las Vegas Convention and Visitors Authority.(2) Class A restricted shares cannot be voted in respect to election of directors. Class A shares are convertible (at either the option of the company or holder) into common shares.
• Opportunity to leverage the Las Vegas cannabis destination experience into a global brand that resonates locally
• Management team with successful track record of growing large, successful organizations in the state
• Strategic retail footprint as close as regulations allow to the Las Vegas strip
• Medizin (medical) and Planet 13 (recreational) brands are already some of the most awarded cannabis product brands in Nevada
Las Vegas Medical Marijuana Association
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Highly Experienced Management Team
Robert Groesbeck Co-CEO
• Practicing lawyer (>25 years) and
successful Nevada entrepreneur
and business builder.
• Nevada government experience –
served as the Mayor of the City
of Henderson from 1993 to 1997.
• Named one of the top forty
Southern Nevada Business
Executives under the age of forty
Dennis LoganCFO
• Over 25 years of financial advisory
and senior financial management
and accounting experience.
• 17 years in Investment Banking
prior to transitioning into Public
Company CFO roles.
• Currently serves as the Chair of
the Audit Committee of Eurcontrol
Technics Group Ltd. and Magna
Terra Minerals Inc.
• Mr. Logan is a CPA, CA and
started his career in finance
and accounting with
Ernst & Young LLP.
Planet 13’s management team has a track record of success starting and building successful businesses in
the Nevada market. Co-CEO’s Larry Scheffler and Robert Groesbeck have spent the majority of their careers
in the state across legal, business and key government roles.
Planet 13 Superstore Opening November 2018
Investor Contact: Jonathan Ross, CFA, LodeRock Advisors Inc.
[email protected] | 416-283-0178
Larry SchefflerCo-CEO
• Successful Nevada business builder
– founded and grew largest privately-
owned commercial printing company in
Nevada, serving most major casinos on
the Las Vegas strip.
• Real estate development expertise –
founded and is the managing director
of entities controlling over 1,000 acres
in 3 states that are under some form of
development.
• Nevada government experience –
former councilman for the city of
Henderson, Nevada from 1990 to
1995 and commissioner on 6 major
commissions in Southern Nevada.