Top Banner
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 Sheet CSE:PLTH World Class Dispensary • 1 Medical License • 1 Recreational License • ~2,300 sq ft. • Open 24/7 • 650+ customer visits/day Online Ordering • Approximately 380 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 Licenses Las 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: $1.00 • Market Cap: $117M • Cash: US$19.4M • 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
2

CSE:PLTH€¦ · • Successful Nevada business builder – founded and grew largest privately-owned commercial printing company in Nevada, serving most major casinos on the Las Vegas

Jul 22, 2020

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: CSE:PLTH€¦ · • Successful Nevada business builder – founded and grew largest privately-owned commercial printing company in Nevada, serving most major casinos on the Las Vegas

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

• 650+ customer visits/day

Online Ordering• Approximately

380 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: $1.00

• Market Cap: $117M

• Cash: US$19.4M

• 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

Page 2: CSE:PLTH€¦ · • Successful Nevada business builder – founded and grew largest privately-owned commercial printing company in Nevada, serving most major casinos on the Las Vegas

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.