RE:RE:RE:BREAKING NEWS. PLANET 13💯💯💯So much for this potential scenario lol:
Marc Lustig Steps Down From Board of Directors
Effective August 28th, Marc Lustig has stepped down from the Planet 13 Board of Directors. In combination with the pending acquisition of CannaRoyalty Corp. dba Origin House by Cresco Labs Inc., Mr. Lustig will be focusing on his responsibilities as both a member of the senior management team of Cresco Labs, as well as its Board of Directors.
Larry, Co-Chairman and Co-CEO commented, "We would like to express our gratitude to Marc, who has been an exemplary member of Planet 13's Board of Directors and was instrumental in the Company's pre-public and early public debut. I know I speak on behalf of the entire board in wishing Marc well in his new role at Cresco."
"It has been an honour to serve on the Planet 13 board and to contribute to the early growth of a Company that has plenty of runway to expand," said Marc Lustig. "Larry, Bob and the team have executed on the vision they articulated to the investment community and now have the highest grossing dispensary in the world, based on revenue. The SuperStore is rapidly becoming a must-visit destination in the entertainment capital of the world. It is with regret that I tender my resignation, but will continue to watch with anticipation as a significant shareholder, to see what is next for Planet 13."
TheGreatApe420 wrote: Also, if the Origin House and Cresco Labs deal goes through, I can see Planet 13 Holdings selling to Cresco Labs. They have the same concept in mind (Branding)... also, Marc Lustig sits on P13 board and is in charge of Origin House... just my two cents on who would probably buy out P13 if there was a company to do so...
TheGreatApe420 wrote: Why do you post things like this? Just curious? Anyways, the company is doing fine the way it is and they are executing the way they need to. No need to sell out to spike SP for a few bucks. Building a company is a marathon, not a sprint! Have a good day and GLTA!
OriginalMick wrote: Anyone hearing anything about WYNN wanting to put in a bid for 13? I remember reading about a year ago that many big players with deep pockets wants in. If this is the case WYNN is a perfect fit. The dispensary is right behind his hotel. Wynn has very deep pockets. It would be this kind of news that would double us over night not financials. Let’s see what today brings. Mick Flair