Planet 13 Holdings Inc. (CNSX:PLTH) entered into a definitive agreement to acquire Newtonian Principles, Inc. from Warner Management Group, LLC for $5.2 million on April 17, 2020. As per the transaction, consideration paid was cash of $1 million of which, Newtonian will retain the $0.2 million deposit and $0.8 million cash will be paid and 3.9 million Class A Restricted Shares in the capital of Planet 13 valued at $4 million. The shares will be subject to a four-month and one day hold period under Canadian securities laws and following such period will be subject to a lock-up whereby 1/8 of the shares will be released from lock-up each month beginning on the date that is four months plus one day from the acquisition closing date. Planet 13 Holdings Inc. (CNSX:PLTH) completed the acquisition of Newtonian Principles, Inc. from Warner Management Group, LLC on May 20, 2020.