Multistate cannabis company Planet 13 Holdings disclosed the location of its first Florida medical marijuana dispensary as part of its plan to expand into the state.
The dispensary will be in the town of Orange Park, a Jacksonville suburb.
“The location in South Jacksonville is on a busy retail corridor next to a Walmart (Supercenter) and near the scenic St. John’s River, a popular destination for tourists and local residents,” Planet 13 said in a Thursday news release.
The Las Vegas-based company plans to simultaneously open cultivation and retail in Florida, according to a statement from co-CEO Bob Groesbeck.
The store is the first of an “initial six planned neighborhood style stores all focused on major population centers and heavily trafficked retail locations,” he said.
Planet 13 paved the way to move into the state by striking a $55 million deal to purchase Harvest Health & Recreation’s Florida medical marijuana subsidiary in 2021.
The acquisition closed in October.
Social equity matters – Women & Minorities in Cannabis
The annual Women & Minorities in the Cannabis Industry Report breaks down the current state of social equity and lack of diversity in executive roles across the industry as more states legalize cannabis, including:
Breakdown of women and minority cannabis executives by year and sector Startup costs and average income by race category Major challenges and factors that play into inequity Critical ways to improve the current diversity situationAt the time, Planet 13 said it also planned to launch superstores “in high traffic tourist destinations throughout the state” as Florida approaches adult-use legalization.
Outside its home state of Nevada and its Florida MMJ license, Planet 13 operates retail in California and holds a 49% interest in Planet 13 Illinois.
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