Planet 13 Holdings Inc (OTCMKTS: PLNHF) Moves into a Definitive Agreement Targeted at Buying a Florida Cannabis License

Zambia Air Force commander aims for safer Zambian skies

Zambia: The Zambia Air Force (ZAF) Commander, Lt Gen Colin Barry, Wednesday morning took time to visit the Flying Training School (FTS) in Livingstone and took part in a flight safety training exercise involving the SF260 TW pilot trainer aircraft.

St Kitts and Nevis: PM Terrance Drew delivers address at COP28 health opening

St Kitts: The Prime Minister of St Kitts and Nevis, Dr Terrance Drew is currently attending the Conference of Parties 28 in Dubai, UAE....

Africa University introduces New Vice Chancellor: Nelson Makanda

The Africa International University (AIU) is proud to announce the new appointment of Dr Nelson Makanda as the new Vice Chancellor. The University recognised...

KZN Premier Dube Ncube condemns murder of Da Cllr Nhalayenza

KwaZulu Natal: The Premier of KwaZulu-Natal, Nomusa Dube-Ncube, has strongly condemned the killing of the DA Councillor for uMngeni Municipality Nhlalayenza Ndlovu and implored the police to act swiftly to arrest the criminals behind this gruesome act. Police reported that Councillor Ndlovu was gunned down in front of his children at his home in Mphophomeni township on Tuesday evening.

Planet 13 and a subsidiary of Harvest Health & Recreation Inc (OTCMKTS: HRVSF)
Harvest Health & Recreation Inc moved into a definitive license purchase deal, in which case they came up with a new subsidiary. It will be named Planet 13 Florida Inc.

Details about the new formation
The newly formed subsidiary will swing into operation, but it will first have to obtain a Florida Department of Health license. The license will serve it with all the rights to run operations as a Medical Marijuana Treatment Center.

Advertisement

The Licensed Medical Marijuana Treatment Centers happen to be the only ones with all the rights to sell medical marijuana cannabis to the qualifying caregivers and patients. The current state of affairs provides that the MMTCs are the only ones with the rights to cultivate, process, transport, and dispense the product. Many people worldwide continue to learn about medical marijuana and its potential health benefits.

Scheffler’s perspective
The landscape has been changing quickly since August 26, 2021, where reports pointed out 22 companies having their MMTC licenses. The companies had about 371 dispensing locations spread out across Florida. It is somewhat encouraging for all the license holders to understand that there aren’t any restrictions barring them from unveiling any number of dispensaries that are in a position to unveil. They also enjoy all the rights to do as they wish and afford when it comes to establishing cultivation and processing facilities they need to operate.

The Co-CEO of Planet 13, Larry Scheffler opines, “Florida has long been one of our most coveted markets with over 20 million residents, 130 million annual visitors and incredible consumer demand already demonstrated in the medical program. It was important for us to enter the market prior to a transition to adult-use to put the pieces in place to capitalize on this market in both the short and long term,” said Larry Scheffler, Co-CEO of Planet 13.

Zambia Air Force commander aims for safer Zambian skies

Zambia: The Zambia Air Force (ZAF) Commander, Lt Gen Colin Barry, Wednesday morning took time to visit the Flying Training School (FTS) in Livingstone and took part in a flight safety training exercise involving the SF260 TW pilot trainer aircraft.

St Kitts and Nevis: PM Terrance Drew delivers address at COP28 health opening

St Kitts: The Prime Minister of St Kitts and Nevis, Dr Terrance Drew is currently attending the Conference of Parties 28 in Dubai, UAE....

Africa University introduces New Vice Chancellor: Nelson Makanda

The Africa International University (AIU) is proud to announce the new appointment of Dr Nelson Makanda as the new Vice Chancellor. The University recognised...

KZN Premier Dube Ncube condemns murder of Da Cllr Nhalayenza

KwaZulu Natal: The Premier of KwaZulu-Natal, Nomusa Dube-Ncube, has strongly condemned the killing of the DA Councillor for uMngeni Municipality Nhlalayenza Ndlovu and implored the police to act swiftly to arrest the criminals behind this gruesome act. Police reported that Councillor Ndlovu was gunned down in front of his children at his home in Mphophomeni township on Tuesday evening.

Zambia to host Sports Symposium in January 2024

The Zambia Institute of Sports announced the commencement of the Sports Symposium, "Zambia's Leap Forward: National Symposium on Professionalizing Sports Coaching", in January 2024.  This...

Uganda: UAP Old Mutual provides donations to NGO

The UAP Old Mutual Uganda, An Insurance Company, in partnership with the Kenya High Commission, donated educational materials to the Special Children Special People...