Marijuana retailer Planet 13 reports Q1 revenue of $13.8 million

Planet 13, a Nevada-based company that runs what is said to be the largest cannabis entertainment center in the world, reported first-quarter revenue of $13.8 million, compared with $3.6 million in the same period a year ago.

Net loss for the firm, which owns a 112,000-square-foot superstore in Las Vegas, totaled $1.15 million, compared with net income of $12,741 in the first quarter of 2018.

Planet 13 has a total of six licenses in Nevada and trades on the Canadian Securities Exchange under the ticker symbol PLTH.

For more details about the company’s quarterly results, click here.