fbpx

QQQ
+ 0.00
373.33
+ 0%
BTC/USD
+ 610.76
43771.66
+ 1.42%
DIA
+ 0.05
347.82
+ 0.01%
SPY
+ 0.05
443.86
+ 0.01%
TLT
+ 0.00
146.91
+ 0%
GLD
+ 0.02
163.28
+ 0.01%

EXCLUSIVE: Dueling Robots, Levitating Product Displays Are Coming To Planet 13's Cannabis Superstore

July 28, 2021 3:09 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
EXCLUSIVE: Dueling Robots, Levitating Product Displays Are Coming To Planet 13's Cannabis Superstore

Planet 13 Holdings Inc (OTCQX:PLNHF) operates the largest cannabis dispensary in the world, located in Las Vegas, Nevada. 

Planet 13 co-CEO Larry Scheffler appeared on "Benzinga Cannabis Hour" for an exclusive interview Thursday.

Planet 13 is still building and adding on to its cannabis superstore. When finished, Scheffler expects the building to span over 19 acres.

Planet 13 is in the process of nearly doubling its cash registers at its dispensary because the company can't keep up with the demand, the cannabis exec said. 

The cannabis company is adding numerous new entertainment features to its Las Vegas location including dueling robots, an 80-foot digital wall and a levitating product display, he said. 

"Everybody wants to be entertained. It's our job to entertain them," the Planet 13 co-CEO told Benzinga.

Planet 13 is constantly working on new entertainment ideas, which Scheffler says is advertising for the company. Planet 13 encourages individuals to take photos because the company knows they will want to show the photos to their friends. 

Once people come into the Planet 13 stores, they come back, he said. 

Planet 13 opened a second cannabis superstore location in Santa Ana, California on July 1. Scheffler told Benzinga that the company has plans to expand to about 15 cities across the United States.

See the full interview here:

PLNHF Price Action: Planet 13 has traded as high as $7.27 and as low as $2.25 over a 52-week period. The stock is down 4.36% year-to-date.

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to Benzinga Podcasts and our YouTube channel.


Related Articles

Planet 13 To Buy Harvest Health License For $55M, Opening Door To Florida's Huge Medical Cannabis Market

Planet 13 To Buy Harvest Health License For $55M, Opening Door To Florida's Huge Medical Cannabis Market

Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF) will enter the Florida medical cannabis market via the $55 million purchase of a license owned by Harvest Health & Recreation Inc. read more
Illinois Adult-Use Weed Sales Hit All-Time High In July With $128M Powered By Lollapalooza Festival, But State Licensing Process Is Still Under Attack

Illinois Adult-Use Weed Sales Hit All-Time High In July With $128M Powered By Lollapalooza Festival, But State Licensing Process Is Still Under Attack

Recreational cannabis sales in Illinois just set another record for the month of July, hitting an all-time high of $128 million. read more
Dispensary Roundup: COOKIES, High Tide, Unity Rd., Deep Six, Highway Horticulture, Planet 13, Native Nations, Cannabis Outlet, Skooma Each Open Stores Ahead Of July 4 Weekend

Dispensary Roundup: COOKIES, High Tide, Unity Rd., Deep Six, Highway Horticulture, Planet 13, Native Nations, Cannabis Outlet, Skooma Each Open Stores Ahead Of July 4 Weekend

COOKIES Cuts The Ribbon On Its First-Ever 'Superstore' In Santa Ana, California Cannabis brand COOKIES, founded by Gilbert Anthony Milam Jr., AKA Berner, inaugurated its first-ever superstore in Santa Ana, California. The 11,000-square-foot shop, which opened last Saturday, is located at 1821 Newport Circle. read more
Planet 13 Reports Strong Q1 2021 Financial Results In Anticipation Of Caifornia Debut

Planet 13 Reports Strong Q1 2021 Financial Results In Anticipation Of Caifornia Debut

Planet 13 Holdings Inc.’s (CSE: PLTH) (OTCQX: PLNHF) revenue increased 41.8% year-over-year, reaching $23.8 million in the first quarter of 2021. read more