LOS ANGELES- Planet 13 Holdings Inc., a vertically integrated multi-state cannabis company, has allocated 13,776,345 Restricted Stock Units (RSUs) to its officers, directors, and employees. The distribution, executed on March 31, 2025, aligns with the company’s 2023 Equity Compensation Plan, previously approved by shareholders.
Of the total RSUs granted, 9,255,085 were assigned to directors and officers, while 4,521,260 were designated for employees. The vesting schedule for these RSUs is structured in three equal tranches on May 16 of 2026, 2027, and 2028, respectively.
Planet 13 operates cultivation, production, and dispensary facilities across California, Nevada, Illinois, and Florida. The company is recognized for its expansive dispensary near the Las Vegas Strip and has recently introduced its first consumption lounge, DAZED!, in Las Vegas. Additionally, Planet 13 has expanded into the Chicago metropolitan area with a dispensary in Waukegan and manages 31 dispensaries throughout Florida.
