Planet 13 Launches Exclusive Collaboration with Lil Wayne’s Cannabis Brand, GKUA Ultra Premium

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Legendary Hip-Hop Artist Lil Wayne’s GKUA Launches Trendi Superblunts+ in Collaboration with Planet 13 – Now Available at Planet 13 Las Vegas

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We’d like to thank Lil Wayne and GKUA for this amazing collaboration as we continue to bring top cannabis brands and products to our Planet 13 consumers from across America and around the world

Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF) (“Planet 13” or the “Company”), a leading vertically-integrated Nevada cannabis company, announced today that it has launched an exclusive collaboration with Lil Wayne’s GKUA Ultra Premium.

Planet 13’s in house brand, Trendi, and Lil Wayne’s brand, GKUA, together have launched Trendi Superblunts+, available exclusively at Planet 13 Las Vegas.

Trendi Superblunts+ are loaded with 2gs of top-shelf flower, infused with .5g of premium indoor crumble, sealed with .1g of live resin terp sauce, sprinkled with .15g of indoor kief, all packed in a hemp wrap with an engineered wood tip for proper air flow.

“That GKUA and Planet 13…Superblunts,” Lil Wayne said with classic Wayne delivery!

Beau Golob, GKUA President added, “We’re very excited to add Trendi Superblunts+ to our line-up of premium cannabis products from GKUA, and what better place to do it at than Planet 13’s SuperStore in Las Vegas.”

Trendi Superblunts+ are available at the GKUA ‘store-in-store’ inside Planet 13 Las Vegas (see photos). The GKUA In-Store offers cannabis enthusiasts and Wayne fans the opportunity to purchase and enjoy some of the finest cannabis products on the market along with GKUA apparel and accessories.

Located next to the iconic Las Vegas strip, the 112,000 square-foot Planet 13 had a 9-percent retail market share of all Nevada cannabis sales volume in its most recent quarterly results, and it has become a must-see tourist destination.

“We’d like to thank Lil Wayne and GKUA for this amazing collaboration as we continue to bring top cannabis brands and products to our Planet 13 consumers from across America and around the world,” said Bob Groesbeck, Co-CEO of Planet 13.

GKUA Ultra Premium is about being real, being appreciative, and inspiring artists and dreamers. Produced from the finest cannabis, GKUA Ultra Premium products are Lil Wayne tasted and approved.

For more information about GKUA products visit https://www.gkua.com/pages/all-products.

For more information on Planet 13 Las Vegas visit: https://www.planet13dispensaries.com/.

About Planet 13

Planet 13 (http://www.planet13holdings.com) is a vertically integrated cannabis company, with award-winning cultivation, production and dispensary operations in Las Vegas and dispensary operations in Orange County. Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations and a creator of innovative cannabis products. Planet 13's shares trade on the Canadian Stock Exchange (CSE) under the symbol PLTH and OTCQX under the symbol PLNHF.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and are forward-looking statements. In this news release, forward-looking statements relate to future performance of the GKUA products and collaboration.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: final regulatory and other approvals or consents needed to operate our business; risks associated with COVID-19 and other infectious diseases presenting as major health issues; fluctuations in general macroeconomic conditions; inflationary pressures; fluctuations in securities markets; expectations regarding the size of the cannabis market in the states in which we currently operate in or contemplate future operations and changing consumer habits in such states; the ability of the Company to successfully achieve its business objectives; the ability of the Company to integrate the NGW business and realize any benefits from the acquisition; plans for expansion; political and social uncertainties including international conflict; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on cultivation, production, distribution and sale of cannabis and cannabis related products in the states in which we currently operate in or contemplate future operations; employee relations and other risks and uncertainties discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission at http://www.sec.gov and on the Company's issuer profile on SEDAR at http://www.sedar.com and in the Company's periodic reports subsequently filed with the U.S. Securities and Exchange Commission and on SEDAR. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

The Company is indirectly involved in the manufacture, possession, use, sale and distribution of cannabis in the recreational and medicinal cannabis marketplace in the United States through licensed subsidiary entities in states that have legalized marijuana operations, however, these activities are currently illegal under United States federal law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

For further inquiries, please contact:

Media inquiries:
Colin Trethewey/ PRmediaNow Communications
Colin@PRmediaNow.com

LodeRock Advisors Inc., Planet 13 Investor Relations
mark.kuindersma@loderockadvisors.com

Robert Groesbeck or Larry Scheffler
Co-Chief Executive Officers
ir@planet13lasvegas.com

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