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.
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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PLNHF:OTC US Stock Quote - Planet 13 Holdings Inc - Bloomberg Markets. 10,957.61.
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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.
There is no one analyst in which a Quantitative Star Rating and Fair Value Estimate is
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.
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.
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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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