Planet 13 Holdings Inc (PLNH)

[DandiDon]

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!