CSE:PLTH€¦ · • Successful Nevada business builder – founded and grew largest...
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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
Transcript of CSE:PLTH€¦ · • Successful Nevada business builder – founded and grew largest...
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
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.
