Planet 13 Holdings Inc (PLNH)

[BestFishes]

They just had a pretty crappy Q2 report. I don't expect this thing to do anything special in the next couple of quarters unless there's major news. Business isn't exactly thriving at the moment.

[theSauceman]

It's been downhill since day one of the Santa Ana, CA store opening. $PLNHF come on! Pick it up.

[SpaceTimeRift777]

If 1.52 doesn't hold it's back to 1.20

Chart looks like that is probable

[help me]

We'll see I found this company interesting long term. Put it on my site.

Harold

[Buhlz_I]

If 1.80 doesn't hold then its 1.60 then back to 1.20

[help me]

Trying to hold. I put them on my site.

Harold

[Buhlz_I]

1.80

[help me]

Nice chart but short term overbought. Nice watching this one come off bottom. Now where is support?

[Buhlz_I]

Good post...maybe that's what's attributing to the significant uptick this week

[Prickly pete]

Recommend to buy hand over fist
https://www.fool.com/investing/2022/07/26/2-marijuana-stocks-to-buy-1-to-avoid-like-plague/

[tfarmer]

Unfortunately you were correct

[brandao]

I called this dropping back to $2 over a year ago and someone shit on me. I’ll be looking over their financials and growth plan maybe time to get back in. Although the democrats keep blocking weed bills because they are full of it. So tricky Sitch

[BestFishes]

man, such volatility I may start trading this bad boy

[Buhlz_I]

Some early reports following the earnings call

Highlights:
Revenues and profits are up.

Lowlights:
Net loss remains.



https://seekingalpha.com/pr/18726532-planet-13-announces-q4-and-full-year-2021-financial-results

[Buhlz_I]

Looks like we're closing in earning reporting. Sweepstakes are open!

[Crypto Zippo]

Have not heard. All I know is that the city of Coalinga CA has given the go ahead to start construction. Might have to change all of the paperwork due to the sell. Personally, I don't think the timing is good for building right now. Too many supply issues. Building materials cost going through the roof. If Trump gets re-elected that should all settle back down. 2023 would be the time to think about building the next 60,000 square foot building.

What I have seen with my own eyes is very promising. Just one of the building blocks for Planet 13. It's a good one. The bigger companies with some success will be buying out the smaller. Nature of business. I am all in with Planet 13. Started with Next Green Wave. Like what I am seeing.

Quote:
"There’s a lot of runway to grow at the Coalinga facility – with more than 15 acres, or around 350,000 square feet"

Will keep adding

https://lacannabisnews.com/next-green-wave-looks-to-capitalize-on-a-sea-of-opportunity-in-california-cannabis/

[Buhlz_I]

Anyone know where construction stands on the new site that NGWY was building?

[Buhlz_I]

Important financial reports coming up. We'll be looking for financial health and guidance from leadership on what the business goals will be for the upcoming year(s).

[Buhlz_I]

Important financial reports coming up. We'll be looking for financial health and guidance from leadership on what the business goals will be for the upcoming year(s).

[Prickly pete]

https://finance.yahoo.com/news/planet-13-announces-release-date-103000098.html

[Prickly pete]

https://mjbizdaily.com/nevadas-planet-13-sets-first-medical-marijuana-dispensary-in-florida-push/

[Buhlz_I]

Cryto...you seem to be in know...what's the current status on the construction of the new NGWY site? I've lost track of it

[Prickly pete]

https://www.benzinga.com/markets/cannabis/22/03/26189349/planet-13-to-open-cannabis-dispensary-in-jacksonville-suburb-orange-park-fl-more-stores-to-follo

[Crypto Zippo]

Ever since Next Green Wave started Construction on its grow I added. I knew what I saw as I walked through the half-completed building. I sold a short while back and purchased Planet 13. I never liked the
Next Green Wave name. I saw the name Planet 13 and that was it. It’s a good name.

[Prickly pete]

It's been steadily crashing for 2 years,curvy.

[Clonemaster]

I think you should know who has been dumping this stock by now along with your absent hypesters from NGW. I warned you guys months ago over on nxgwf after what Mike lost in court.

[billytbone]

To me it sucks, very little liquidity really.

[Prickly pete]

Over a mill is bad ?

[billytbone]

Volume was/is totally pathetic.

[Prickly pete]

Held its own most of the day,still ends up down 5%

[JohnCM]

The entire market is not helping.

YOU CAN NOT go wrong $1.99 or less. IMO.

[Buhlz_I]

Where are their financial reports?

[DevilDog0651]

Hey, if it keeps going down though, it will be like the old NXGWF neighborhood lmao. .32 anyone?

[Prickly pete]

What do you think the reason was?

[Chrism0000]

Where is bottom? :))))

[Buhlz_I]

There was a reason why only 3% voted no

[JohnCM]

Wait for bottom then, BUY BUY BUY.

[JohnCM]

[Clonemaster]

Always somebody else's fault huh? Not maybe I shoulda dumped this stock when I had the opportunity right?
"In February, Scotts warned that Hawthorne’s first-quarter sales were expected to decline by roughly 40% because of “a slowdown in the cannabis market as well as supply chain disruptions,” despite its recent acquisitions of Luxx Lighting and True Liberty Bags."

[SFInvestor13]

Next Green Wave and Planet 13 should be ashamed of how they did us shareholders that believed in NXGWF dirty. We did NOT get the conversion rate we were promised because we were locked out of trading for nearly 2 weeks. IR for both companies sucks balls, I know they could care less but Mike, and Planet13 and their trust “attorney” really did us all wrong. Welcome to this dump of a company, which is now at an all time low. Zero communication from both companies and lack of care for long term investors. Zero respect.

[BestFishes]

Yaaaa I kinda seccond that! As one coming from the other side, I think we're all a bit out of the loop on expansion progress. I haven't seen an update in months. But I'm not selling in the down market. I think this has brighter days ahead.

Would love to hear from the NXGWF OGs Hunter and Harpo on the new path.

Good luck to all.

[dbgolf]

What a great welcoming for the NGW shareholders 25% down! Our stock not being tradeable for several days allowing us to get stuck taking a big haircut off the 46.5 cents CAD we were to receive. What a great deal Mike really took care of his stockholders. What about the 50000 sqft expansion at NGW facility is it a go or not? I think Plantet 13 owes the loyal NGW shareholders some kind of guidance for the near future to stop this bleeding!

[JohnCM]

Outstanding Shares
198,687,950
03/01/2022

[JohnCM]

[Clonemaster]

So Planet 13 made Mike Jennings President of East Coast Operations and they took Todd Hybels and made him Vice President of midwest operations even though the only operations they have are in Nevada and California.
The company forked out $55 million for a medical only license in Florida from Harvest Health whom was acquired by and forced by Trulieve to sell their license. Florida is in a race to the bottom with Trulieve owning more then 50% of the entire market share and it's stock at a 52 week low down 58% in the past year. So Planet 13 got Mike out of Cali as far as they could to a market that is nonexistent for them. How much you want to bet he's shown the door in the next 6 months along with Hybels???
Crazy industry. Am I the only one that actually does research anymore?

[Clonemaster]

PLNHF (-45.95%)past 6 months
2.60 USD -0.20 (7.15%)today
LOOKING REAL GOOD.

[Clonemaster]

PLNHF (-45.95%)past 6 months


Enough said.

[Prickly pete]

Questrade told me today it could be 15 business days from today before all the procedures are finished, couldn't tell me anything about the value would be though.

[SFInvestor13]

The swap to planet 13 shares hasn’t actually happened yet. But yes, when I log into my brokerage it’s showing a huge % down on green wave shares. It better go back up when they issue the new shares.

[SFInvestor13]

From planet 13 investor relations:

“ The Plan of Arrangement went effective on March 2nd and the payment date is today March 7th. You should have your shares today, tomorrow or at worst the following day.”

I hope our value goes back up to what it should be.