Marijuana - Companies & Stocks

[Big Papa]

Planet 13 PLNHF will post earning afterhours on Thursday May 27th



Very interesting to see how Planet 13 earnings will play out on Thursday afterhours. We should see strong growth for the quarter and strong guidance for Q2. The Vegas strip is opening back up and the demand for Planet 13's product is soaring. They recently announced adding 40 more registers and 80 more employees to meet the demands. Also They will be opening their Santa Ana location July first bringing their brand to one of the largest Marijuana markets in the country. For anyone new to Planet 13 just picture Costco and Disneyland merging together in the marijuana industry

*112,000sqft dispensary largest in the World

*Recent news 10.7 million in sales for month of April

*Record single day sale of $540,000 on 04/20/2021

*Second location opening in Orange county California "Santa Anna" on July 1st 2021- 55,000sqft facility with over 16,500sqft dedicated to the dispensary

*Over 70 million in Revenue for 2020 and now on pace for over $100+ million for 2021

*181 million OS with a large portion held by insiders