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Some big buys today: 20,000 sh @ 11:55p.m. PST, 18,800 sh @ 12:35 pm PST, and 12,600 sh @ 14:30 p.m. PST
Leafly’s Best In State series was one of the largest to ever be compiled and celebrates the top cannabis dispensaries, products, and companies across various states. Given its unique relationship with the legalization of cannabis, along with the fact it is a state synonymous with entertainment, Nevada’s level of competition was arguably stronger than any other location.
While several awards were on offer, Planet 13 scooped the biggest award by being named the Best Overall Dispensary of 2018. This accolade is a major accomplishment in itself and is something that fills the entire team with immense pride. However, the fact that it came so early into our journey makes it a truly special moment in our short history.
In announcing the decision, Leafly declared of Planet 13: “in true Las Vegas style, it is a larger-than-life experience and beyond comparison to anything else on Earth”.
Last year the quarterly report was on 3/31/2018; I would assume it will about the same time this year too.
I don't know what it will go to, but it should go up!
3 month revenue ending June'18 was $4,426,197. Current 3 month revenue is 1712 x 89.33/day x 90 days = $13,763,966
That's 311% increase in revenue!
The name-change may get a whole new group of "BAG-HOLDERS"!!!!
Stock performance
Driven by the rise of the broader equity market last week, the Horizons Marijuana Life Sciences Index ETF (HMMJ), which tracks the North American Medical Marijuana Index, rose by 3.2%, while the ETFMG Alternative Harvest ETF (MJ) returned 4.0%. The S&P 500 Index rose 2.5%.
Despite the strengthening of the broader equity market, only two of the nine cannabis companies considered for our analysis have delivered positive returns. The Green Organic Dutchman (TGODF) (TGOD), which signed a cannabis supply agreement with the Ontario Cannabis Retail Corporation on February 8, rose by 10.1% between February 8 and February 15. TGOD was followed by Planet 13 Holdings (PLNHF) (PNTH), which has returned 9.1% during the same period.
https://marketrealist.com/2019/02/green-organic-dutchman-and-planet-13-holdings-were-up-last-week?utm_source=yahoo&utm_medium=feed&yptr=yahoo
Testimonial:
Planet 13 is amazing, a total Vegas experience, weed, gambling, legal prostitution, mega resorts, decadence and debauchery abound.
I fricken love it!
Testimonial:
This place is amazing I went there last week for the 1st time and it’s the nicest dispensary I’ve ever been to and I live in California. They show the ticker right when u walk in and that’s how I got the idea to invest. They have free cabs that take you to the store and drop you off anywhere on the strip you want. Their brand Medizin is amazing; it’s my friend from Hawaii’s favorite brand and he’s a long time grower. They also sell this bud in other dispensaries and grow their own weed. This is the future!! It’s amazing and done right!!
Testimonial:
Mark and Stacey22 hours ago
we went to the dispensary
very nice layout !!
friendly employees !!!
place was packed.
we picked up shares upon
leaving the building.
We need more publicity; this is an unknown GEM!
We got 965K on Nov 02 when it went from $2.07 to $2.57!
I wish we could get some better volume! 400K - 500K would be good...even some of the "Ponzi Scheme" MJ stocks are getting 2-3M shares/day.
"Coffee & a Mike" an interview with David Farris, Marketing Director at Planet 13:
http://coffeeandamike.libsyn.com/david-farris-26
PONZI SCHEME seems to describe PNTV best I think...
With a RS the BOYZ could "milk" this for another 5-10 years, and then retire millionaires down in Rio!
For financial statements and reports: https://www.sedar.com/FindCompanyDocuments.do
The BOYZ are having fun on our $$$!
Start showing operational success out of NV = boxes of $100 bills in the extraction room...
From Wikipedia, the free encyclopedia:
A Ponzi scheme (/'p?nzi/; also a Ponzi game)[1] is a form of fraud which lures investors and pays profits to earlier investors by using funds obtained from more recent investors.[2] The victims are led to believe that the profits are coming from product sales or other means, and they remain unaware that other investors are the source of profits. A Ponzi scheme is able to maintain the illusion of a sustainable business as long as there continue to be new investors willing to contribute new funds, and as long as most of the investors do not demand full repayment and are willing to believe in the non-existent assets that they are purported to own.
Planet 13 About To Breakout:
https://insiderfinancial.com/planet-13-holdings-inc-otcmktsplnhf-breakout
Investing in OTC is risky, investing in "Stinky Pinkies" is even more risky, and investing with Mark & Brett is the worst risk!
When someone is KIDNAPED, they slowly develop a "bond" with their kidnapper, and eventually they even like their kidnapper. As dysfunctional as this sounds, I feel as if we've been kidnapped by Uncle Matt & Cousin Brett. Members of this board are beginning to feel like "family" even. PNTV is an expensive addiction!
Investor Relations <ir@planet13lasvegas.com>
Thu 1/31/2019 1:43 PM
Hey Don please excuse me for the late response.
We will be reporting our Q4 and full year earnings before April 30.
In the mean time we will be providing periodic updates on sales and will report an news events as they happen.
If you have any specific questions I would be happy to have a call.
RSI was 26.5 @ 9:45 a.m. price = 0.03
The news is SOOO good PNTV is down 24% today!
Me too Nelly....
Filing for 2017 or 2018?
Looks like "Churn". Between 12:55 - 1:38 337,900 shares were bought; at 1:51 250,000 shares sold.
Planet 13 Holdings (PLTH) (PLNHF) holds two cultivation licenses with one in Clark County, Nevada, and the second one in the town of Beatty in Nye County, Nevada. Currently, the company operates its 15,000-square-foot facility in Clark County. This facility can produce approximately 2,100 pounds per year. The company’s management stated that it is evaluating the state of the wholesale cannabis market in Nevada to decide on the timing of the opening of its second facility in the town of Beatty, which has greenhouse capacity of 2.3 million square feet. Along with these licenses, the company also has two production licenses, which are co-located within the cultivation facilities. That Beaty facility is more than 150 times larger than the Clark County facility (2,300,000 / 15,000 = 153.3). 153.3 x 2,100 = 321,930 pounds of MJ! That's a lot of MJ!
Why does Brett always looks as if he just got out of bed?
Is there a 8-K to support that statement?
Sean Williams, The Motley Fool
Motley FoolJanuary 23, 2019
Whether you realize it or not, the cannabis industry had an incredible year in 2018. You might not think this was the case given the underperformance of many brand-name pot stocks, but the industry itself gained validation in a big way after Canada ended nine decades of recreational marijuana prohibition in October.
With cannabis now legal in Canada and a growing number of U.S. states and countries around the globe, attention now turns to just how big the global weed market could be. A new analysis from Arcview Market Research and BDS Analytics estimates that global cannabis sales will rise 38% in 2019 to $16.9 billion. That's a lot of money -- and Wall Street knows it.
Third-quarter performance
On November 12, Planet 13 Holdings posted its third-quarter earnings, which ended on September 30. For the quarter, the company posted revenue of $4.91 million, which represents an increase of 62.5% from $3.03 million in the third quarter of 2017. Daily customer visits were up 73% in the third quarter since July 1, 2017, when the company began to sell adult recreational cannabis products.
Analysts’ revenue estimates
In the fourth quarter, analysts expect Planet 13 Holdings to post revenue of $7.70 million to take the company’s 2018 revenue to $21.34 million, which represents an increase of 137.1% from $9.0 million in 2017. In 2019, analysts expect the company’s revenue to rise by 338.8% to $93.6 million.
To drive its sales, Planet 13 Holdings had launched its second brand, TRENDI, on November 12, which comes in three products. The products appear to have resonated well with customers, as the company sold ~5,000 units of TENDI in December, which represents a rise of 260% from ~1,700 units in November.
An acquaintance of mine said: "I went to Planet13 on a Tues (Jan 22) about 2pm and there were 30 or so people inside. Then by 3pm it was packed; I’d guess 60 plus. The store is very upscale. Nothing like the Medmen stores which are supposed to be. The employees were professionals and you can’t compare this store to any other store. By comparison MM was noisy, small and plain. However to be fair, MM had better deals on disposable vapes, but Planet 13 did have 27% THC flower for 3gr/$21."
The only thing I can think of that the Boyz did successfully was the "Pool Party" with the "Porn Girls"...
Nelly: They may be able to make more $$$ at WeedTV if they start making Porn movies with the "amateur porn girls" from the pool party!
It looks like we may not be able to "Flip" this anymore if it sits @ $0.001 for months and months!
Planet 13 Holdings Has Returned ~30% in January: What’s Next?
https://marketrealist.com/2019/01/planet-13-holdings-has-returned-30-in-january-whats-next
New York Governor Andrew Cuomo released his proposal for legalizing marijuana in New York on Tuesday, which would allow cannabis for adult-use in the state for the first time, reported Democrat & Chronicle.
The governor's plans include the creation of the Office of Cannabis Management, a new state office that would be in charge of cannabis regulation. It would also develop a program designed to review past cannabis convictions as part of Cuomo's promise to clear the records of people previously convicted of marijuana possession.
The proposal also outlines three different taxes that would be imposed on the flower at the cultivation or wholesale stages, including a 20 percent state tax, a 2 percent local tax, and a per-gram tax on growers.
While Cuomo stated he was opposed to the legalization of cannabis in the past, he changed his stance last year after a New York Department of Health study confirmed that there were more advantages than drawbacks when it comes to legalization.
The governor's change in thinking mirrors what is quickly happening in the rest of the country, as legalization continued to sweep the nation in 2018. Michigan became the 10th state to legalize recreational cannabis during last year's midterms, while Utah and Missouri both voted to legalize medical use.
New York Governor Andrew Cuomo released his proposal for legalizing marijuana in New York on Tuesday, which would allow cannabis for adult-use in the state for the first time, reported Democrat & Chronicle.
The governor's plans include the creation of the Office of Cannabis Management, a new state office that would be in charge of cannabis regulation. It would also develop a program designed to review past cannabis convictions as part of Cuomo's promise to clear the records of people previously convicted of marijuana possession.
The proposal also outlines three different taxes that would be imposed on the flower at the cultivation or wholesale stages, including a 20 percent state tax, a 2 percent local tax, and a per-gram tax on growers.
While Cuomo stated he was opposed to the legalization of cannabis in the past, he changed his stance last year after a New York Department of Health study confirmed that there were more advantages than drawbacks when it comes to legalization.
The governor's change in thinking mirrors what is quickly happening in the rest of the country, as legalization continued to sweep the nation in 2018. Michigan became the 10th state to legalize recreational cannabis during last year's midterms, while Utah and Missouri both voted to legalize medical use.