Mr. Bob Groesbeck reports

PLANET 13 ANNOUNCES DECEMBER 4TH GRAND OPENING OF ILLINOIS DISPENSARY IN WAUKEGAN, JUST NORTH OF CHICAGO

Planet 13 Holdings Inc.'s long-awaited Illinois dispensary will open on Dec. 4, 2023. The 4,000 square foot dispensary located at 4000 Northpoint Blvd in Waukegan, 30 miles north of Chicago, will be Planet 13's fourth dispensary and first in Illinois.

"We take pride in being recognized as a unique, experiential retailer, and we're thrilled to introduce the renowned Planet 13 experience to the Illinois community," said Larry Scheffler, Co-CEO of Planet 13. "We extend a warm invitation to customers to join us on opening day, where we are honored to host the Mayor of Waukegan. We will have exciting prizes and exclusive offers as we celebrate this special occasion."

Bob Groesbeck, Co-CEO of Planet 13, expressed, "The addition of our new Illinois dispensary will be a key driver of revenue growth throughout 2024 as we ramp up sales. We have high expectations for this dispensary given the great potential of the Illinois market and our strategic placement in a shopping and entertainment district in the 'Chicagoland' metro area."

The dispensary is near bustling shopping centers with diverse stores, restaurants, hotels, and a recently announced casino project. It is located off Interstate 94 between Milwaukee and Chicago, close to the Wisconsin border.

Customers can visit the store between 9 a.m. and 10 p.m. weekly. Join Planet 13's Co-CEOs and team members for a ribbon-cutting ceremony at 10 a.m. on Monday, December 4, 2023, followed by a visit from Waukegan Mayor Ann Taylor.

For more information on Planet 13, visit the investor website (www.planet13holdings.com/investors).

About Planet 13

Planet 13 (www.planet13holdings.com) is a vertically integrated cannabis company, with award-winning cultivation, production and dispensary operations in Las Vegas and in Orange County, California. Planet 13 also holds a medical marijuana treatment center license in Florida and a Social-Equity Justice Involved dispensing license in the Chicago region of Illinois. Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations and a creator of innovative cannabis products. Licensed cannabis activity is legal in these states but remains illegal under U.S. federal law. Planet 13's shares trade on the Canadian Securities Exchange (CSE) under the symbol PLTH and are quoted on the OTCQX under the symbol PLNH.

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