Planet 13

Planet 13 Holdings Inc. operates as a vertically integrated cannabis company, focusing on the cultivation, manufacturing, distribution, and marketing of cannabis products. The company primarily serves the medical and recreational marijuana markets in Nevada, U.S., while also managing licensed dispensaries and hospitality venues.

Products and Services

• Offers a diverse range of cannabis products including chocolates, gummies, and vapes
• Operates retail dispensaries and hospitality venues like Trece Eatery + Spirits
• Provides consulting and educational resources in the cannabis sector

Growth Outlook

• Revenue increased to $20.7 million in Q1 2026, showing strong market demand
• Gross profit margin improved to 37.7% in Q1 2026, indicating operational efficiency
• Plans to expand retail footprint and product offerings in Nevada

Financial Highlights

• Trailing twelve months revenue of $102.5 million, reflecting consistent sales growth
• Current ratio of 1.77, indicating strong short-term financial health
• Net income for Q1 2026 was -$7.96 million, highlighting ongoing investment in growth

Planet 13 Holdings Inc. is positioned in a rapidly growing industry, with a focus on both medical and recreational cannabis markets. The company's diverse product offerings and integrated business model provide a competitive edge. Recent financial performance indicates a solid revenue trajectory, with significant growth potential as the cannabis market continues to expand. The company’s strategic initiatives, including enhancing operational efficiency and expanding retail presence, are expected to drive future growth. Investors may find the company's unique positioning and growth strategy appealing in the evolving cannabis landscape.