NEWS BRIEF

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.

Latest Headlines

Leave a Reply

Your email address will not be published. Required fields are marked *