Added to YB: 2025-08-27
Pitch date: 2025-08-23
PLNH [neutral]
Planet 13 Holdings Inc.
-59.74%
current return
Author Info
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Company Info
Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States.
Market Cap
CAD 43.7M
Pitch Price
CAD 0.39
Price Target
N/A
Dividend
N/A
EV/EBITDA
-12.93
P/E
-0.68
EV/Sales
0.98
Sector
Pharmaceuticals
Category
turnaround
Execution Watch: Airlines, Infrastructure, & Retail - Planet 13 Holdings Inc.
PLNH (earnings update): Q2 rev $26.9M (-13.6% YoY), gross margin 43.4%, adj EBITDA -$2.4M on price compression. Vegas SuperStore grew QoQ, Florida yields improving, Q4 BHO lab launch key catalyst. Tight liquidity ~$15.9M cash + $9.75M revolver. Mgmt prioritizing gross profit $ over margins.
Read full article (1 min)