June 6 (Reuters) - Planet 13 Holdings Inc PLTH.CD :
* PLANET 13 HOLDINGS - SIGNED A BINDING LETTER OF INTENT TO ACQUIRE CANNABIS SALES LICENSE AND LEASE FOR A DISPENSARY IN SANTA ANA, CALIFORNIA
* PLANET 13 HOLDINGS INC - PLANET 13 WILL PAY NEWTONIAN $6 MILLION IN CASH AND 2,039,808 CLASS A RESTRICTED SHARES VALUED AT $4 MILLION