Company
Planet 13 Holdings Inc
CNSX:PLTH
As an innovative, vertically-integrated and established cannabis leader in the Nevada market, Planet 13 Holdings, Inc. is committed to providing an array of international award-winning cannabis products available through its strategically located licensed operations. The company s focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its best-in-class technology, as the vanguard of cannabis. At 112,000 square feet, Planet 13's Las Vegas SuperStore is the biggest cannabis store in the world, attracting 1 million visitors in 2019.
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Planet 13 Holdings ends 3Q with US$50.9M cash as its growth continues in key US markets
“We have been able to maintain 9% retail market share, despite this economic downturn and an 18% increase in Nevada dispensaries year over year,” Planet 13 Holdings co-CEO Larry Scheffler said
Planet 13 Holdings submits approval for its proposed Illinois location in Fountain Square, Waukegan
Bob Groesbeck, co-CEO of Planet 13 said: "The Illinois location will be smaller than both the Las Vegas and Orange County dispensaries but will still meet Planet 13's high standards for customer experience"
Cannabis MSOs rocket after Schumer says Congress is 'very close' to passing SAFE cannabis banking legislation
The Secure and Fair Enforcement (SAFE) Banking Act will protect banks and other financial institutions from penalties for providing services to legitimate cannabis-related businesses
Biden to pardon all prior federal offenses for simple marijuana possession, sending cannabis stocks soaring
Biden also said he will task the Department of Health and Human Services and Attorney General Merrick Garland to review how marijuana is scheduled under federal law – the first step toward potentially easing a federal classification
Planet 13 Holdings says it has received approvals to expand cultivation in Nevada
"We are thrilled to be able to expand our supply of premium quality flower for our popular Medizin, TRENDI, and Leaf & Vine flower lines,” said Planet 13 co-CEO Larry Scheffler
Planet 13 Holdings says 2Q revenue rose significantly from previous quarter
Second quarter revenue came in at $28.4 million, up 10.6% from Q1 2022, the company said
Planet 13 awarded conditional Illinois retail licenses
"The Chicago region offers significant value for cannabis operators. It has strong cannabis sales, a large population base, an attractive tourist destination, and is ready for the Planet 13 experience," said Planet 13 co-CEO Larry Scheffler
Planet 13 Holdings welcomes Nevada ruling to approve cannabis consumption lounges
"Our location close to the Las Vegas strip is ideal for a cannabis consumption lounge and we look forward to converting Trece restaurant to a full-service lounge to host our visitors in a first of its kind, exciting environment characterist
Planet 13 Holdings closes US$3.3M purchase of Florida land for staged cultivation facility
“We've strategically staged building materials on site over the past three months to build a world-class cultivation facility on an expedited timeline, with a full campus project planned for future phases,” said the company's co-CEO Larry S
Planet 13 Holdings announces third Florida dispensary located in Ocala
“This is the third dispensary location of our initial six neighborhood dispensaries targeted towards major Florida population centers with underserved local residents,” Planet 13 co-CEO Bob Groesbeck said
Planet 13 Holdings reports 1Q revenue increase as the company expands its operations in California and Florida
For the quarter ending March 31, 2022, the company reported revenue of $25.7 million, compared to $23.8 million for the same period in 2021
Planet 13 Holdings announces second location of its planned Florida dispensary network in the city of Port Richey
"This is our second dispensary location of our initial six neighborhood dispensaries targeted towards major Florida population centers with underserved local residents," said Larry Scheffler, co-CEO of Planet 13
Planet 13 announces expansion of STIIIZY partnership with new shop-in-shop at 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 has been a huge hit," co-CEO of Planet 13 Larry Scheffler said
Planet 13 to expand TRENDI brand to California
"We are diligently executing our strategy in California, Nevada, and Florida to grow revenue, profitability and brand equity," said Bob Groesbeck, co-CEO of Planet 13
Planet 13 Nevada cultivation expansion fuels inhouse product growth for its SuperStore
“The expansion of our Nevada cultivation facility will allow us to better satisfy customer demand for our premium flower and continue to grow our in-house brands share of sales,” said Planet 13 Co-CEO Larry Scheffler
Planet 13 posts strong Q4 revenue growth
"During a quarter that is seasonally slower and marked by significantly less tourist traffic, Planet 13 was able to maintain a market share above 10% in the Las Vegas cannabis market,” said the company's co-CEO Larry Scheffler
Planet 13 expands into Florida cannabis market
The Las Vegas company has signed its first lease in Orange Park, a thriving suburb of Jacksonville and one of the hottest real estate markets in the US
Planet 13 completes acquisition of Next Green Wave to gain cultivation and production operations in California
Larry Scheffler, co-CEO of Planet 13: ‘It empowers us to improve margins through vertical integration at our store, enter the wholesale market with our portfolio of award-winning products, and gives us an experienced management team and fou
Planet 13 to acquire Next Green Wave Holdings, expanding presence in California with premium indoor cultivation
Bob Groesbeck, co-CEO of Planet 13, said this is “an extension of the strategy we've laid out for investors of adding cultivation and production in California to vertically integrate and bring our highly popular brands into the state”
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Planet 13 reports higher third-quarter revenue on a strong performance from Las Vegas operations
In the three months to September 30, 2021, the company posted revenue of $33 million, an increase of 45%, while gross profit before biological adjustments was $17.6 million compared to $13 million in 3Q 2020
Planet 13 Holdings is smoking in Las Vegas and bringing the cannabis fun to California
At 112,000 square feet, the Las Vegas SuperStore is the biggest cannabis store in the world, attracting 1 million visitors in 2019
Planet 13 Holdings completes acquisition of Florida cannabis license
Planet 13 Florida Inc. has completed the purchase of a license issued by the Florida Department of Health to operate as a Medical Marijuana Treatment Center in the state for $55 million
Planet 13 doubles dispensary floor square footage and cash registers at Las Vegas SuperStore
In addition to doubling the points-of-sale, the company said it has added more premium display cases and new entertainment features, including an 80-feet wide by 20-feet tall LED wall showcasing immersive entertainment, like a giant cascadi
Planet 13 enters into definitive agreement to acquire cannabis license in Florida
Planet 13 will pay US$55 million in cash to Health & Recreation for the license
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Planet 13 Holdings reports strong second quarter as its Las Vegas SuperStore, brands and operations continue to gain traction
In the second quarter to June 30, the company posted revenue of $32.8 million, an increase of 205% on the $10.8 million seen in 2Q, 2020
Planet 13 Illinois wins Chicago dispensary license
Co-CEO Larry Scheffler said Chicago has been one of the “main target markets for a Planet 13 SuperStore with its rapidly growing cannabis sales, large population, and attraction as a tourist destination”
Planet 13 Holdings reports $11.9 million in sales during July
During the first month of operations the company's new Orange County store generated around $800,000 in sales, while gross margin for the company during the month was in excess of 50%
Planet 13 Holdings adds Moxie as third store-in-store in its new Orange County SuperStore
The other two store-in-store operations at the cannabis SuperStore in California, which opened on July 1, are Select and STIIIZY
Planet 13 gears up for grand opening of its Orange County Cannabis SuperStore on July 1
The 55,000 square-foot SuperStore is Planet 13's third retail outlet and marks the company's first foray into California - the most developed US cannabis market
Planet 13 adds Select and STIIIZY store-in-stores at Orange County SuperStore
Co-CEO Larry Scheffler said the firm has seen “tremendous success with Select as a brand partner” for it Las Vegas location and “expanding the relationship at P13 OC is clear sign of that strength”
Planet 13’s California SuperStore to launch with Tinley’s cannabis-infused beverages in July
It said Tinley’s beverages offer familiar adult beverage flavours and formats that will "appeal to canna-curious consumers," as well as those who may be averse to smokable formats
Planet 13 Holdings announces record May sales of $11.2M, with gross margins above 50%
Last month's performance represents the third consecutive month of record sales as Las Vegas and the US return to normal
Planet 13 positioned to build consumption lounge with passage of landmark Bill 341 in Nevada
The company said it has reserved “an expansive dedicated space” within its flagship, uber luxury SuperStore dispensary in Las Vegas for a consumption lounge which it will look to get built “as soon as possible”
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Planet 13 sees revenue swell as tourists flock back to its Las Vegas cannabis SuperStore
For the three months ended March 31, the company saw revenue of $23.8 million, up from $16.8 million in the same quarter of 2020
Planet 13 Holdings rides Las Vegas tourism revival to record monthly sales of C$10.7M in April
The company’s April sales nearly totaled its sales from the entirety of the second quarter of 2020, which came in at C$10.8 million
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Planet 13 crushes single-day sales record in Las Vegas with historic 420 return
The cannabis company generated about $543,000 in single-day sales on April 20, with gross margins during the month in excess of 50%
Planet 13 starts major hiring initiative as Las Vegas tourism returns and California SuperStore opening nears
The company is hiring 80 workers for its Las Vegas SuperStore and roughly 250 for its new Orange County location
Planet 13 co-CEO says 'Las Vegas is back' and touts jump in Q4 cannabis revenue
For the three and 12-month periods ended December 31, revenue was $20.1 million and 70.5 million, representing year-over-year increases of more than 21 and 10%, respectively
Planet 13 says owned-cannabis brands now available in 53 dispensaries in Nevada
The company noted it had its brands in just eight dispensaries at the end of the fourth quarter of 2019
Planet 13 partners with Curaleaf to open Select brand shop-in-shop in its Las Vegas SuperStore
Select's shop-in-shop is a one-of-a-kind experience that will showcase the top cannabis oil brand's entire portfolio of products in Planet 13’s Las Vegas SuperStore
Planet 13 on growth fast-track with chic Cannabis SuperStore Entertainment Complexes and prized brands
At 112,000 square feet, the Planet 13 Cannabis SuperStore, in Las Vegas is the world’s biggest cannabis store, and the firm is opening its new Orange County Cannabis SuperStore, in California later this year
Planet 13 Holdings: Doing things “Vegas style” fuels the growth at this one-of-a-kind cannabis company
What makes Planet 13 successful in its Nevada home market is simple: vertical integration and high visibility
Buds & Duds: Cannabis stocks stumble but BevCanna shares shine on cannabis cultivation deal with Clearwater CannGrow
BevCanna signed a letter of intent with Clearwater CannGrow to produce organic cannabis on 130 acres of its land, located near Osoyoos, BC
Buds & Duds: Cannabis stocks inch down on Monday, but CB2 Insights on the rise
Also on the move were Curaleaf, Planet 13, Tilray and Isodiol International
Buds & Duds: Cannabis stocks perk up, with Curaleaf shares soaring on acquisition valued at US$875M
Also on the move were Harvest One, Valens, Planet 13, Isodiol International and Terra Tech
Buds & Duds: Cannabis stocks drop but Weekend Unlimited shares jump on CBD hemp seed news
Also on the move were Nabis Holdings, Terra Tech, HEXO, Planet 13 and MJardin
Buds & Duds: Cannabis stocks slip but Valens shares jump on expanded extraction deal with Tilray
Also on the move were Origin House, Cresco, High Hampton, Cronos, Planet 13 and Emerald Health
Buds & Duds: Cannabis stocks nudge up as Namaste shares continue to rise
Also on the move were True Leaf Brands, WeedMD, Aleafia, Planet 13, Aphria and Terra Tech
Buds & Duds: Cannabis stocks slide steeply as investors pause; 1933 Industries shares pop on Nevada licensing deal
Also on the move were RedFund Capital, Planet 13 Holdings, Isodiol International and OrganiGram
Buds & Duds: Cannabis stocks slide on Thursday; CB2 Insights shares pop on acquisition
Also on the move were International Cannabis Corp, Planet 13 Holdings Inc and Isodiol International Inc
Buds & Duds: Cannabis stocks take on Wednesday with gusto; CROP Infrastructure jumps on product placement news
Also on the move were Empower Clinics, Planet 13, Aurora and MariMed