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
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 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