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The Markets
by Proactive
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The Markets
by Proactive
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Planet 13 Holdings 'excited and positive about the future' after revealing 2020 and 4Q financials

Planet 13 Holdings 'excited and positive about the future' after revealing 2020 and 4Q financials

Planet 13 Holdings Inc (CSE:PLTH) (OTCQB:PLNHF) Co-CEOs Bob Groesbeck and Larry Scheffler tell Proactive its fourth quarter and full-year 2020 financial results revealed rising revenue and a significant chunk of cash on hand for the Las Vegas cannabis company. 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. Cash on hand grew over the same period to $79 million from $12.8 million. The duo say looking into 2021, more and more people are coming back into town, which is shown in its record month for March 2021.

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