Mr. Larry Scheffler reports

PLANET 13 ANNOUNCES GRAND OPENING DATE FOR DAZED! LOUNGE AT THE WORLD'S LARGEST DISPENSARY - DESIGNED TO ELEVATE THE CANNABIS CONSUMPTION EXPERIENCE

Planet 13 Holdings Inc.'s much anticipated consumption lounge, Dazed!, will open at its flagship superstore in Las Vegas on April 5, 2024. Dazed! is a first-of-its-kind, 3,000-square-foot, high-end consumption lounge featuring VIP booths, expertly crafted canna-cocktails and top-tier entertainment.

"This is an exciting moment for Planet 13, for Las Vegas and for the cannabis industry. Dazed! is a first-of-its-kind cannabis entertainment venue that is trailblazing a new path," said Larry Scheffler, co-chief executive officer of Planet 13. "Since the inception of Planet 13, we've been driven by the conviction that cannabis should be more than just a product -- it should be an immersive experience. We live by the mantra: 'We want to out-Vegas Vegas.' I can't wait until we open the doors to Dazed! to consumers from around the world, providing them with the opportunity to immerse themselves in the unparalleled experience we've meticulously crafted for their enjoyment."

Dazed! offers an exceptional premium experience. Guests will be welcomed through a speakeasy-inspired secret phone booth door, beneath a striking bong chandelier, and into a realm of eclectic artistry designed to captivate the senses. Offering versatile seating options for any occasion, from intimate solo sessions to lively group celebrations, every corner of Dazed! provides a unique perspective and experience of the lounge.

Dazed! is an ideal destination for a memorable night out, special events and even game day festivities, with reservable VIP booths, each equipped with personal flatscreen TVs and table service. Delve into the menu, to discover an array of premium cannabis products, from edibles and flowers to concentrates and vapes, complemented by top-tier smoking devices to elevate the experience. Indulge in specialty crafted canna-cocktails, offering a distinctive way to savour delightful beverages with friends.

About Planet 13 Holdings Inc.

Planet 13 is a vertically integrated cannabis company, with award-winning cultivation, production and dispensary operations across its locations in California, Nevada, Illinois and coming sites in Florida. Home to the nation's largest dispensary located just off the Strip in Las Vegas, Planet 13 recently opened its first Illinois dispensary in Waukegan, bringing unparalleled cannabis experiences to the Chicago metro area. Planet 13 holds a medical marijuana treatment centre licence in Florida, allowing for statewide expansion throughout the sunshine state. Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations and innovative cannabis products. Licensed cannabis activity is legal in the states Planet 13 operates in but remains illegal under U.S. federal law. Planet 13's shares trade on the Canadian Securities Exchange under the symbol PLTH and are quoted on the OTCQX under the symbol PLNH.

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