Prior to the outbreak, Planet 13 had fantastic quarterly revenue growth of 241%. Taylor Carmichael is a former attorney and filmmaker. DJIA. While a lot of multi-state operators are trying to get big fast, Planet 13 is distinguishing itself by developing a strong localized brand, which may pay off in a big way down the road. As an

This is how it has acquired 4 million square feet of marijuana industry properties in the U.S. © Copyright 2020 Morningstar, Inc. All rights reserved. © 2020 Verizon Media. 3,310.24. In 2020, it hopes to open its first superstore outside of Nevada, in Santa Ana, California.

Some of its tenants include Trulieve, Cresco Labs, PharmaCann, and Curaleaf. Not surprisingly, the company has a powerful merchandising operation. and Personal Securities Trading Policy in carrying out his responsibilities. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. It has skillfully taken advantage of the federal government's stance on marijuana to acquire a lot of valuable property. What makes Planet 13 such an intriguing investment idea is that the company is highly focused on its entertainment and branding opportunities. Because marijuana is still illegal under federal law, most financial institutions won't work with companies in the sector. Discover new investment ideas by accessing unbiased, in-depth investment research, Other OTC - Other OTC Delayed Price.

Its dividend yields a healthy 5.78%.

peer companies that do receive analyst-driven ratings.

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Returns as of 11/12/2020.

While this young company has yet to turn a profit, investors looking for winners in the marijuana retail space should keep an eye on this business.

Click here for more on how to use these ratings. Planet 13 Holdings Inc operate as an integrated cannabis company based in Nevada, with cultivation, production and dispensary operations in Las Vegas. NASDAQ. LAS VEGAS, NV / ACCESSWIRE / November 11, 2020 / Planet 13 Holdings Inc. (CSE:PLTH)(OTCQB:PLNHF) ("Planet 13" or the "Company"), a leading vertically-integrated Nevada cannabis company announced today that it plans to release its financial results for the third quarter ended September 30th, 2020 on November 24th, 2020 aftermarket. That's not to mention the aerial orb show, the planet water feature, and the giant interactive lotus flowers. While your average marijuana dispensary might look like a dentist's office, the "world's largest cannabis store" strives to be an entertainment venue too. You can change your choices at any time by visiting Your Privacy Controls. and Whodidit With a Senator? And the other is to sell their greenhouses and other properties to Innovative Industrial, which will turn around and lease them back to the seller for use. is responsible for overseeing the methodology that supports the quantitative fair value. Terms of Use Privacy Policy Disclosures Member User Agreement Corrections Cookies. From a high of $137 a share last year, the stock dropped to $46 in March.

Planet 13 Holdings Inc operate as an integrated cannabis company based in … © Copyright 2020 The Globe and Mail Inc. All rights reserved. Find the latest PLANET 13 HOLDINGS INC (PLNHF) stock quote, history, news and other vital information to help you with your stock trading and investing. Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to Many of these start-ups will fall by the wayside by getting acquired or going out of business.

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It sells everything from Planet 13 t-shirts to its award-winning Dreamland Chocolates brand. For exchange delays and terms of use, please read disclaimer (will open in new tab).

PLNHF:OTC US Stock Quote - Planet 13 Holdings Inc - Bloomberg Markets. 10,957.61.

At $1 a share, in fact, the company has reached micro-cap land. : Get the latest Planet 13 stock price and detailed information including news, historical charts and realtime prices. Pot companies, unable to access traditional means of financing, are starved for cash and often must sell their own stock to raise funds, which dilutes the holdings of earlier investors. Right now, of course, the superstore is closed to visitors because of the COVID-19 pandemic -- as is the entire Las Vegas Strip. Privacy Policy and

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View daily, weekly or monthly format back to when PLANET 13 HOLDINGS INC stock was issued. Currency in USD, We're starting to see some long-term scars in the U.S. labor market: Morning Brief, 'We have long runway here': Strategist on his outlook for the stock market, COVID-19 is not the only thing keeping Americans out of movie theaters.

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https://www.cantechletter.com/2020/10/theres-still-more-upside-to-planet-13-says-beacon-securities/.

Find the latest PLANET 13 HOLDINGS INC (PLNHF) stock quote, history, news and other vital information to help you with your stock trading and investing. That's a major reason Planet 13 …

This real estate investment trust (REIT) has an incredible profit margin of 52%, while its top-line growth last quarter was an astounding 269%. PLNHF | Complete Planet 13 Holdings Inc. stock news by MarketWatch. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. 5,654.97.

Corporate earnings are provided from Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings. Planet 13 generated $7.6 million in revenue in October at gross margins above 50%, NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, To view this site properly, enable cookies in your browser.

The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis. Planet 13's stock was trading at $1.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Detailed price information for Planet 13 Holdings Inc (PLTH-CN) from The Globe and Mail including charting and trades. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research – including Buy/Hold Recommendations, Earnings Surprises, Estimates and Recommendations History.

View real-time stock prices and stock quotes for a full financial overview. On the other hand, the shutdown is both temporary and already priced into the stock. Share your opinion and gain insight from other stock traders and investors.

: Get the latest Planet 13 stock price and detailed information including news, historical charts and realtime prices. That's a major reason Planet 13 stock is down 48% year to date. However, it's hoping it can successfully shift its retailing operations into deliveries while people are isolated at home. As a REIT, it's legally required to pay 90% of its taxable income to shareholders annually in the form of dividends.

Cannabis stocks are exciting for investors because of the long-term growth prospects in the sector. click One is to sell an equity interest in the business to the public in the form of stock. He's the author of a line of murder mysteries, including Whodidit in the Supreme Court?

26,925.05. How is Innovative Industrial so profitable while so many cannabis stocks are in the red? Nonetheless, there are some fantastic opportunities for people who want to invest in the legal marijuana industry.

Discover historical prices for PLNHF stock on Yahoo Finance. As a result, marijuana growers in need of cash only have a few options.

Consider that 9% of marijuana sales in Nevada went to this one store!

Takes you to an interactive chart which cannot interact. As is common in young, high-growth business sectors, there's a lot of unprofitability in the cannabis industry as companies spend heavily to grow their businesses and gain market share.

here Like a lot of stocks, Innovative Industrial Partners (NYSE:IIPR) crashed after the market recognized the threat that the COVID-19 pandemic posed to the economy. Planet 13 has a 59% gross margin, and its operations are cash flow positive. Announces Closing of C$28.8 Million Bought Deal Public Offering.

Terms of Service apply. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Price movement based on the high, low and last over the given period. View real-time stock prices and stock quotes for a full financial overview. This makes IIP an excellent bet on the growth of the legal marijuana industry in the U.S. For investors who are willing to take on more risk, Planet 13 (OTC:PLNH.F) offers an intriguing opportunity. fair value, and uncertainty rating.

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Detailed price information for Planet 13 Holdings Inc (PLTH-CN) from The Globe and Mail including charting and trades.

For information And the COVID-19 pandemic has hampered all sorts of retail activity this year, including in the marijuana sector. The company operates a high-end marijuana superstore in Las Vegas. Companies withratings are not formally covered by a Morningstar analyst, but are

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