The company will pay Newtonian Principles a combination of $6 million in cash and $4 million in shares for the license and what is expected to be a 40,000-square-foot dispensary.
Planet 13, which last week reported first-quarter revenue of $13.8 million, runs a 112,000-square-foot dispensary superstore off the Las Vegas strip.
More details on the acquisition can be found here.
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