planet 13 stock

Planet 13 stock

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At Planet 13, we wrote the playbook on running a successful cannabis dispensary in Nevada. Now, we are taking that framework to California, Florida, and the Illinois markets. Not your average cannabis company, Planet 13 is a differentiated retailer unlike any other. Planet 13 is a leader and innovator in the cannabis industry, transforming the way consumers buy and interact with cannabis by pairing amazing quality products with out-of-this-world shopping and entertainment experiences. In , Planet 13 generated positive cashflow amongst a sea of unprofitable cannabis companies. It has a clean balance sheet with no debt, strong growth prospects and a unique strategy.

Planet 13 stock

Announces that Planet 13 has entered into an Option Purchase Agreement that gives Planet 13 the option Planet 13 Holdings, Inc. The firm operates the Planet 13 Superstore, which dispenses the Medizin and Planet 13 product lines. It also provides consultation, education and convenience services, and operates Trece, a Mexican themed restaurant. This browser is no longer supported at MarketWatch. For the best MarketWatch. Market Data. Latest News All Times Eastern scroll up scroll down. Search Ticker. Planet 13 Holdings Inc. Watch list NEW. Last Updated: Mar 5, p. EST Delayed quote. Volume:

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Planet 13's financial statements are prepared in accordance with U. Based on available data, our dispensaries were responsible for almost one in every ten dollars of cannabis bought in Nevada. Our brands continued to perform well, being among the top selling in their respective categories. We are also getting very close to opening our Illinois dispensary and completing the next phase of exciting new additions to the SuperStore. The decline in revenue was driven by lower sales at the SuperStore and a slight decline in wholesale revenue in Nevada. The improvement in gross margin was driven by a decrease in product discounting at retail. On August 28, , Planet 13 announced it had entered into a definitive agreement to acquire VidaCann. On September 15, , Planet 13 announced it had completed the change in domicile to Nevada and a change in its OTC trading symbol.

Planet 13 stock

As Super Bowl LVIII readies to get underway at Allegiant Stadium in Las Vegas this Sunday, Nevada's cannabis industry, underpinned by recent legislative reforms and strategic positioning, is set to capitalize on the influx of visitors. In a comprehensive report by Viridian Capital Advisors, the spotlight is on the valuations of companies within the U. OTC: PLNHF with an Overweight rating, highlighting that the stock's valuation doesn't fully capture the potential of its unique and scalable superstore concept. As interest rates climb and regulatory uncertainties loom, decisions on capital expenditures capex by cannabis MSOs Multi-State Operators become paramount for their future success. Search markets. News The word News. My Watchlist. Business Insider logo The words "Business Insider".

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Private Companies Loading Planet 13 Holdings Planet 13 Holdings Inc operate as an integrated cannabis company based in Nevada, with cultivation, production and dispensary operations in Las Vegas. Planet 13 to Set-Up Consumption Lounge with Immersive Experience Planet 13, an award-winning vertically integrated cannabis company will be launching My Portfolio. Dividend Returns Comparison. Research Tools. Currently, Planet 13 does not pay a dividend at this time. Is Planet 13 Holdings overvalued? Invest with the largest cannabis superstore, Planet ETF Center. More Education.

Planet 13 Holdings, Inc. The firm operates the Planet 13 Superstore, which dispenses the Medizin and Planet 13 product lines.

Go to Watchlist. Standard Deviation 0. Planet 13 operates ultra-high-end dispensaries in markets nationwide with each location serving unique interactive entertainment. If you are looking to contact someone about investor inquiries, please email us at ir planet13lasvegas. Planet 13 is a leader and innovator in the cannabis industry, transforming the way consumers buy and interact with cannabis by pairing amazing quality products with out-of-this-world shopping and entertainment experiences. Unusual Options Activity Popular. Continual quality control and small-batch care allow us to cultivate award-winning strains and preserve delicate terpenes for our on-site extraction into live resin and rosin. Follow 1, Followers. Get actionable alerts from top Wall Street Analysts. How do I transfer stock, change the address on my shareholder account, or replace a lost stock certificate? Compare Stocks.

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