Planet 13 stock

At Planet 13, we wrote the playbook on running a successful cannabis dispensary in Nevada. Now, planet 13 stock, we are taking that framework to California, Florida, and the Illinois markets.

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Planet 13 stock

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Announces that Planet 13 has entered into an Option Purchase Agreement that gives Planet 13 the option Planet 13 Holdings, Inc. The firm operates the Planet 13 Superstore, which dispenses the Medizin and Planet 13 product lines. It also provides consultation, education and convenience services, and operates Trece, a Mexican themed restaurant. This browser is no longer supported at MarketWatch.

As Super Bowl LVIII readies to get underway at Allegiant Stadium in Las Vegas this Sunday, Nevada's cannabis industry, underpinned by recent legislative reforms and strategic positioning, is set to capitalize on the influx of visitors. In a comprehensive report by Viridian Capital Advisors, the spotlight is on the valuations of companies within the U. OTC: PLNHF with an Overweight rating, highlighting that the stock's valuation doesn't fully capture the potential of its unique and scalable superstore concept. 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. Search markets. News The word News. My Watchlist. Business Insider logo The words "Business Insider".

Planet 13 stock

VidaCann is engaged in the business of cultivating, processing, storing, transporting, and dispensing cannabis as well as leasing and operating cannabis cultivation, processing, fulfillment and storage, and dispensing facilities in the State of Florida. Expansive Retail Dispensary Network - VidaCann currently operates 26 dispensaries and is the 9th largest dispensary network in Florida. With Planet 13's three dispensary locations in Nevada and California, upcoming Illinois dispensary, four leased dispensary locations in Florida, and proven SuperStore and experiential retail expertise, the proposed acquisition has the potential to enhance both absolute and per-store revenue generation. State-of-the-Art Cultivation and Processing Facility - A fully-operational, greenhouse cultivation facility with a state-of-the-art processing and analytical lab, which at full capacity has the potential to support more than double the amount of the combined Planet 13 and VidaCann dispensary network in Florida. The combined portfolio will create a diversified brand and product offering able to address every consumer use case. Strong Local Management Team - VidaCann's experienced management team and operational staff are expected to join Planet 13 to run the Florida operations after closing. VidaCann's top-tier management team built the company into a top 10 Florida operator through a focus on the consumer, along with efficiency and cost management. VidaCann is one of the 10 largest Florida cannabis operators by retail network size, and we believe it has developed a reputation for high product quality and customer service," said Larry Scheffler, Co-CEO of Planet We believe their ability to run lean, efficient operations is a cultural and strategic fit with Planet 13's company-wide philosophy and operations in other states," commented Bob Groesbeck, Co-CEO of Planet We believe we are executing on our goals and setting Planet 13 up to be a stronger company in

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Get actionable alerts from top Wall Street Analysts. TipRanks Community. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis. Follow 1, Followers. Following the earnings report the stock price went up 3. Learn More About Our Experiences. Planet 13 Holdings does not currently pay dividends. Mortgage Calculator Popular. Dividends Dividend Center. From the 80 foot LED wall in Orange County to the drone show in Las Vegas, every experience is curated to create unique moments for epic stories to tell. Largest Companies by Market Cap. Planet 13 Holdings Investor Information. For use only by adults 21 years of age and older.

At Planet 13, we wrote the playbook on running a successful cannabis dispensary in Nevada. Now, we are taking that framework to California, Florida, and the Illinois markets. Not your average cannabis company, Planet 13 is a differentiated retailer unlike any other.

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