Located near the Strip, the complex is adding restaurants, cafes, and even has a cannabis museum coming to its 112,000 square foot location. Kaitlin is a 23-year-old wife and mom to three children. 25. Stock Advisor launched in February of 2002. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Adjusted EBITDA of $2.7 million was also significantly higher from $505,000 a year ago. This is almost 100% because of the coronavirus lockdowns that took place during the month of April. Planet 13 said that January revenue was ~10% higher than the seasonally slow months of November and December. Get in touch. Let's conquer your financial goals together...faster. “These numbers are not surprising as Illinois crosses $100 million in sales a month. The SuperStore, our delivery, and our wholesale are all performing at top levels,” said Bob Groesbeck. Returns as of 11/12/2020. The SuperStore, our delivery, and our wholesale are all performing at top levels,” said Bob Groesbeck. In the earnings release, the company's co-CEO, Larry Scheffler, highlighted some of the things consumers can expect: Our Phase II expansion is progressing at full speed with the goal of opening at the end of Q3. It also engages in the retail distribution and sale of cannabis and related products. This has helped it to keep its costs under control and not incur significant losses. Returns as of 11/12/2020. In the company's last monthly update in November, Planet 13's revenue for January 2019 was just under $4.1 million. The second lowest month was March, with sales not hitting much higher at $8,805,611.99. While it didn't disclose a specific figure, it said it was approximately 10% more than what it calls the "seasonally slow months of November and December.". Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis, $HRVSF @HarvestHOC Touts Arizona Potential During #Earnings Call #cannabis #CannabisCommunity #potstocks https://t.co/beZADSogAE, We are over 800 subscribers on our @YouTube channel. "As we add additional attractions and store-in-store options we expect the cross promotion and improved customer experience to continue to drive traffic and ticket growth," he said. Daily Discounts. Cumulative Growth of a $10,000 Investment in Stock Advisor, Planet 13's Sales Soar 275% in Q2 as Market Share in Nevada Rises to 9.5% @themotleyfool #stocks $PLNH.F, The Only 3 Marijuana Stocks That Ended February in the Green, Planet 13's Superstore to Sell Mike Tyson's "Undisputed 87" Brand of Cannabis Products in Exclusive Agreement, Planet 13 Reaches Record Sales in January, The 3 Most Important States for Marijuana Stock Investors, Copyright, Trademark and Patent Information. Cannabis Industry Sees Strong October, Planet 13 & Illinois Sales, Aurora Cannabis Reports Mixed Q1 Earnings, Stocks up 21%, Tilray Reports Flat Sales In Third Quarter, Survey shows 75% of veterans are interested in cannabis, Aleafia Revenue Is Flat, Says Sales Set To Improve, Harvest Health Touts Arizona Potential During Earnings Call, Green Market Report’s Marijuana Money November 6, 2020, Winter Is Coming: Lucky Box Club Launches “Seasonal Collections” with “Winter Collection”, Use of CBD Oils to Battle Anxiety & Depression During COVID-19. Sales in excess of $50 million have been the norm for the state, and one company that has been a dominant force there is Planet 13 Holdings (OTC:PLNH.F). The average has steadily been increasing over the past year and for the past two months, the company's average ticket has been around $100. Planet Shoes Australia – Head Office Omni Footwear Pty Ltd Suite 7/1 Milton Parade Malvern 3144 Victoria, Australia ABN: 93 077 425 211. We’re hoping to hit 1,000.… https://t.co/HuD3yJkI3d, $OGI @discoverOGI Shares Plunge On New $60 Million Offering #potstocks #CannabisCommunity #CannabisNews https://t.co/nPWi25WZIY.
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