Planet 13 Holdings Inc (PLNH)

[starman2]

https://finance.yahoo.com/news/planet-13-announces-q2-2022-203000891.html

(shared via bit.ly/mystocksapp)

Q2 2022 revenue of $28.4 million, up 10.6% compared to Q1 2022

Q2 2022 net loss of $2.0 million, compared to net loss of $2.1 million in Q1 2022

Q2 2022 Adjusted EBITDA[1] of $3.0 million

Q2 Highlights and Recent Developments

On April 14, 2022, Planet 13 announced expansion of its Nevada cultivation to fuel in-house product growth.

On May 2, 2022, Planet 13 announced the launch of the TRENDI brand into California.

On May 4, 2022, Planet 13 announced the expansion of STIIIZY partnership with a new shop-in-shop at the Las Vegas SuperStore.

On May 10, 2022, Planet 13 announced it has entered into a lease for its second Florida dispensary location.

On June 9, 2022, Planet 13 announced it has entered into a lease for its third Florida dispensary location.

On July 5, 2022, Planet 13 announced it had closed on a Florida property for its cultivation and production campus.

On July 12, 2022, Planet 13 announced it had begun drafting an application to add a cannabis consumption lounge to its Las Vegas SuperStore.

On August 5, 2022, Planet 13 announced it had agreed to an option to purchase the remaining 51% ownership of Planet 13 Illinois.