Planet 13 Receives DEA Registrations for All 34 Florida Dispensaries
The registrations cover Planet 13’s entire Florida retail network under the first phase of the new federal framework.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Planet 13 Holdings (OTCQX: PLNH) has received federal DEA registrations for all 34 of its state-licensed medical marijuana dispensaries in Florida.
The registrations form part of the U.S. Drug Enforcement Administration’s initial issuance to qualifying state-licensed medical cannabis dispensaries, announced October 30, 2026. They mark the first phase of a federal framework established by the Attorney General’s April 2026 order, following the rescheduling of state-licensed medical cannabis to Schedule III under the Controlled Substances Act.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointDEA registrations received for all 34 state-licensed medical marijuana dispensaries in Planet 13’s Florida network.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAS VEGAS, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced that the U.S. Drug Enforcement Administration (DEA) has issued federal registrations for all of the Company’s state-licensed medical marijuana dispensaries in Florida.
The registrations are part of the DEA’s initial issuance of federal registrations to qualifying state-licensed medical cannabis dispensaries, announced on October 30, 2026. This is the first phase of the federal framework established by the Attorney General’s order in April 2026 following the rescheduling of state-licensed medical cannabis to Schedule III under the Controlled Substances Act.
“Receiving DEA registrations across our entire Florida retail network is an important step for our patients and for the Company,” said Robert Groesbeck, Co-CEO of Planet 13. “Federal recognition of state-licensed medical cannabis puts responsible operators on a level playing field under a single regulatory framework. Our Florida team moved quickly and thoroughly to complete registration applications for all 34 locations, and their work is the reason we are among the first operators registered under the new framework.”
“Bringing state-regulated medical cannabis into the federal system is a turning point for the industry and for the patients who rely on it,” said Larry Scheffler, Co-CEO of Planet 13. “We appreciate the DEA’s work in advancing this change and its continued engagement with state-licensed operators as the framework is implemented.”
For a full list of Planet 13's Florida locations, visit www.planet13florida.com.
About Planet 13
Planet 13 (https://planet13.com) is a vertically integrated cannabis company, with award-winning cultivation, production and dispensary operations across its locations in Nevada, Illinois, and Florida. Home to the nation's largest dispensary, located just off The Strip in Las Vegas. Planet 13's mission is to build a recognizable global brand known for world-class dispensary operations and innovative cannabis products. Licensed cannabis activity is legal in the states Planet 13 operates in but remains illegal under U.S. federal law. Planet 13's shares trade on the Canadian Securities Exchange (CSE) under the symbol PLTH and are quoted on the OTCQX under the symbol PLNH. To learn more, visit planet13.com and follow Planet 13 on X @ShopPlanet13 and on Instagram @planet13.vegas or @planet13.florida.
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws. All statements, other than statements of historical fact, are forward-looking statements and are often, but not always, identified by phrases such "plans", "expects", "proposed", "may", "could", "would", "intends", "anticipates", or "believes", or variations of such words and phrases. In this news release, forward-looking statements relate to the DEA registrations. Such forward-looking statements reflect what management of the Company believes, or believed at the time, to be reasonable assumptions and accordingly readers are cautioned not to place undue reliance upon such forward-looking statements and that actual results may vary from such forward-looking statements. These assumptions, risks and uncertainties which may cause actual results to differ include, among others, those assumptions, 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, 2025 and any of the Company's subsequent periodic reports filed with the U.S. Securities and Exchange Commission at www.sec.gov and on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made only as to the date of this press release and we assume no obligation to update or revise any forward-looking statements should they change, except as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
For further inquiries, please contact:
Planet 13 Investors:
Robert Groesbeck or Larry Scheffler
Co-Chief Executive Officers
ir@planet13lasvegas.com
Planet 13 Media:
Colin Trethewey / PRmediaNow Communications
Colin@PRmediaNow.com
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