Planet 13 Holdings Inc.

Planet 13 Holdings Inc. (OTC:PLNH) reported Friday afternoon a strong revenue increase of 29.7% year-over-year for Q3 2024, reaching $32.2 million. The growth was fueled by the expansion into the Florida market and solid performance at its Illinois store.  Despite the revenue boost, the company...

Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH), a cannabis company with operations in California, Nevada, Illinois and Florida, is making significant strides in the mixed martial arts (MMA) sector, with the Ultimate Fighting Championship (UFC) playing a pivotal role in this expansion. This...

Planet 13 Holdings (OTC: PLNH) has completed its acquisition of VidaCann, reporting $12.5 million in sales for the first quarter of 2024, a 56% increase compared to the previous period. Pablo Zuanic of Zuanic & Associates notes, "We continue to be blown away by the performance of the...

Planet 13 Holdings Inc. (OTC: PLTH), a leading vertically integrated multi-state cannabis company, unveiled its financial performance for the first quarter ending March 31, 2024. The company reported revenue of $22.9 million, with a net loss of $5.9 million and an adjusted EBITDA loss of $0.0...

Planet 13 Holdings (OTC: PLNH), a multi-state cannabis operator, has lagged 55% behind its peers this quarter, affected by a poorly timed equity offering and alleged embezzlement issues, according to senior analyst Pablo Zuanic. Despite these challenges, its stock trades at a 35% discount, with a...

Las Vegas-based cannabis giant, Planet 13 Holdings Inc. (CSE: PLTH) (OTC: PLNH), revealed its financial performance for the fourth quarter of 2023 on Wednesday afternoon. Despite a net loss of $14.3 million, which included a $7.2 million non-cash impairment loss, the company reported a commendable...

A $22 million cash adjustment and a delayed Florida VidaCann deal for Planet 13 Holdings Inc. (OTC: PLNH) are key points in Pablo Zuanic's latest report from Zuanic & Associates. Despite these setbacks, the company's management remained optimistic, backed by expansions in Las Vegas...

In a comprehensive report by Viridian Capital Advisors, the spotlight is on the valuations of companies within the U.S. cultivation and retail sector, specifically those boasting market caps ranging from $100 million to $500 million —commonly referred to as ‘Tier 2’ enterprises....

Las Vegas-based Planet 13 Holdings Inc. (OTC: PLNHF) recently inaugurated a new cannabis shop in Waukegan, Illinois, marking a strategic expansion in its retail portfolio. The 4,000 sq. ft. Waukegan location is intentionally designed to offer an immersive and experiential approach to cannabis...

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. Are some MSOs missing out on significant growth opportunities? In his latest analysis, Pablo Zuanic, managing...

Planet 13 Holdings Inc. (OTC: PLNHF) (OTC: PLTH) is aiming to acquire VidaCann, which operates 26 dispensaries and holds the ninth-largest retail network in Florida. While recreational legalization is the anticipated catalyst for further market growth, Florida's medical marijuana market is...

The Florida cannabis market is experiencing impressive growth, setting the stage for the potential legalization of recreational use. As it stands, Florida's medical marijuana market already boasts an impressive valuation of over $1.4 billion with a remarkable volume growth rate...

Planet 13 Holdings Inc. (OTC: PLNHF), a multi-state cannabis company, unveiled Q2 2023 financial results on Wednesday afternoon. Highlights Despite a 9.1% revenue decrease to $25.8 million, owing to lowered cannabis prices in Nevada, the company reported improved gross and EBITDA margins: $11.9...

Cannabis lounges have emerged as unique establishments where individuals can legally consume marijuana in a social setting.  As the landscape of cannabis legalization and regulation evolves, California, Alaska, New York and Colorado have joined Illinois, Michigan, New...

Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF) announced the return of Cannabition, a cannabis experience designed to cater to enthusiasts seeking an awe-inspiring and "Instagrammable" adventure. “We can’t wait to have Cannabition open in our SuperStore with its...