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Planet 13 Q2 Revenue Declines YoY But Grows Sequentially 10.6%, Here Are The Details
Tuesday, August 16, 2022 - 9:22am | 522Planet 13 Holdings Inc. (OTCQX: PLNHF) (CSE:PLTH) Q2 2022 revenues were $28.4 million, a decrease of 13.5%, compared to $32.8 million in Q2 2021. Q2 Financial Highlights Gross profit was $13.8 million or 48.7% as compared to $19.0 million or 57.9% Net income before taxes of $0.9 million as...
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Planet 13 Awarded Conditional Illinois Retail Licenses
Thursday, July 28, 2022 - 10:06am | 389Planet 13 Holdings Inc. (OTCQX: PLNHF) (CSE:PLTH) a leading vertically-integrated multi-state cannabis company, revealed that Planet 13 Illinois LLC has been awarded a conditional adult use dispensing organization license in the Chicago-Naperville-Elgin region from the Illinois Department of...
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Planet 13 Closes In Florida Property Acquisition For Campus Concept
Tuesday, July 5, 2022 - 8:03am | 407Planet 13 Holdings Inc. (OTCQX: PLNHF) (CSE:PLTH) has finalized the purchase of a 23-acre parcel, with a 10,500 square foot building currently located thereon, for its planned cultivation and processing expansion in Florida, for a purchase price of $3.3 million. "We are pleased to have closed...
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Planet 13 Announces Q1 2022 Financial Results, Revenue Up 8% To $25.7M
Monday, May 16, 2022 - 2:59pm | 527Planet 13 Holdings Inc. (CSE: PLTH) (OTC: PLNHF) reported its financial results for the three-month period ended March 31, 2022. Here are the highlights: Q1 2022 revenue of $25.7 million, up 8% compared to Q1 2021 Q1 2022 net loss of $2.1 million, compared to net loss of $6.0...
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Cannabis Dispensary Roundup: Item 9's Unity Rd. Franchise Expands, Curaleaf, Planet 13 & Verano Bolster Florida Retail Footprint
Wednesday, May 11, 2022 - 8:24am | 971Curaleaf To Open 3 New Stores In Florida In May Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) plans to open three new dispensaries in Florida over the coming weeks. The announced expansion bolsters the company's retail footprint to 50 dispensaries in the Sunshine State and 133 locations...
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Planet 13 Expands Shop-in-Shop Partnership With STIIIZY With Inclusion Of The Las Vegas SuperStore
Wednesday, May 4, 2022 - 8:48am | 229Planet 13 Holdings Inc. (OTCQX: PLNHF) (CSE:PLTH) is expanding shop-in-shop partnership with STIIIZY, to include the Las Vegas SuperStore. "STIIIZY is an absolute force in California, taking the number one brand spot according to Headset, and their shop-in-shop in our Orange County SuperStore...
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Planet 13 Nevada Cannabis Cultivation Expansion Fuels SuperStore In-House Product Growth
Thursday, April 14, 2022 - 9:46am | 326Planet 13 Holdings Inc. (OTCQX: PLNHF) (CSE:PLTH) a vertically-integrated multi-state cannabis company, started the expansion of its Nevada cultivation facility adding 22,000 square feet of cultivation space to fuel in-house product growth. "We've seen incredible consumer support for our...
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Planet 13 Announces Q4 And Full Year 2021 Financial Results
Monday, March 28, 2022 - 6:31pm | 477Planet 13 (CSE: PLTH) (OTCQX: PLNHF), a vertically integrated cannabis company with award-winning cultivation, production and dispensary operations in Las Vegas and California announced its fourth quarter and full-year 2021 financial results late on Monday. Fourth Quarter Financial...
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Planet 13 Sees 45% YoY Growth In Q3 Revenue To $33M With Strong Performance In Las Vegas
Wednesday, November 24, 2021 - 9:35am | 624Vertically-integrated cannabis company Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF) announced financial results Tuesday for the three-month and nine-month period ended September 30, 2021. Larry Scheffler, co-CEO of Planet 13, said the company "continued to drive strong...
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Planet 13 To Buy Harvest Health License For $55M, Opening Door To Florida's Huge Medical Cannabis Market
Wednesday, September 1, 2021 - 11:43am | 676Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF) will enter the Florida medical cannabis market via the $55 million purchase of a license owned by Harvest Health & Recreation Inc. (OTCQX: HRVSF). What happened The Nevada, Las Vegas-based cannabis company confirmed Wednesday it has signed...
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Illinois Adult-Use Weed Sales Hit All-Time High In July With $128M Powered By Lollapalooza Festival, But State Licensing Process Is Still Under Attack
Friday, August 6, 2021 - 11:23am | 1058Recreational cannabis sales in Illinois just set another record for the month of July, hitting an all-time high of $128 million. While the booming industry can be attributed to the easing of pandemic-related restrictions, a major push came from Lollapalooza – the...
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EXCLUSIVE: Dueling Robots, Levitating Product Displays Are Coming To Planet 13's Cannabis Superstore
Wednesday, July 28, 2021 - 3:09pm | 331Planet 13 Holdings Inc (OTCQX: PLNHF) operates the largest cannabis dispensary in the world, located in Las Vegas, Nevada. Planet 13 co-CEO Larry Scheffler appeared on "Benzinga Cannabis Hour" for an exclusive interview Thursday. Planet 13 is still...
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Dispensary Roundup: COOKIES, High Tide, Unity Rd., Deep Six, Highway Horticulture, Planet 13, Native Nations, Cannabis Outlet, Skooma Each Open Stores Ahead Of July 4 Weekend
Friday, July 2, 2021 - 10:33am | 1373COOKIES Cuts The Ribbon On Its First-Ever 'Superstore' In Santa Ana, California Cannabis brand COOKIES, founded by Gilbert Anthony Milam Jr., AKA Berner, inaugurated its first-ever superstore in Santa Ana, California. The 11,000-square-foot shop, which opened last Saturday,...
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Planet 13 Reports Strong Q1 2021 Financial Results In Anticipation Of Caifornia Debut
Friday, May 28, 2021 - 12:30pm | 469Planet 13 Holdings Inc.’s (CSE: PLTH) (OTCQX: PLNHF) revenue increased 41.8% year-over-year, reaching $23.8 million in the first quarter of 2021. The Las Vegas-based company revealed Thursday that it accounted for 8.6% of all Nevada cannabis dispensary revenue in the first three months of...
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Planet 13's Co-CEOs Groesbeck, Scheffler Convert Class A Shares, Cannabis Co. To Obtain Domestic Issuer Status
Monday, May 10, 2021 - 11:50am | 620Nevada-based cannabis company Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF) confirmed Friday its co-CEOs Robert Groesbeck and Larry Scheffler have converted 52.25 million of the company’s Class A restricted voting shares into 52.25 million common shares. What Happened Groesbeck...