Tag: Planet 13

Planet 13 Sells Units at C$7 to Raise C$50 Million

Planet 13 Holdings Inc. Announces $50 Million Bought Deal Public Offering LAS VEGAS, Jan. 12, 2021 /CNW/ – Planet 13 Holdings Inc. (“Planet 13” or the “Company”) (CSE: PLTH) (OTCQB: PLNHF)...
- January 12th, 2021 at 8:00 am

American Cannabis Operator Index Soars 40% in November

The American Cannabis Operator Index exploded higher in November, jumping 40.0% to 57.93: After ending 2019 at 43.27, the index has now advanced 32.5% in 2020 and has rebounded 255.4% from an...
- December 1st, 2020 at 8:40 am

Planet 13 Closes Upsized Equity Offering

Planet 13 Holdings Inc. Announces Closing of C$28.8 Million Bought Deal Public Offering LAS VEGAS, NV / ACCESSWIRE / November 5, 2020 / Planet 13 Holdings Inc. (“Planet 13”...
- November 5th, 2020 at 9:56 am

Planet 13 Prices Third Equity Offering Since June

Planet 13 Holdings Inc. Announces C$20 Million Bought Deal Public Offering LAS VEGAS, Oct. 19, 2020 /CNW/ – Planet 13 Holdings Inc. (“Planet 13” or the “Company”) (CSE: PLTH)...
- October 19th, 2020 at 5:23 pm

Planet 13 Pre-Announces Q3 Revenue at $22.8 Million

Planet 13 Announces Record Preliminary Q3 Revenue Preliminary unaudited Q3 revenue of $22.8 million with gross margins of ~50% LAS VEGAS, NV / ACCESSWIRE / October 6, 2020 /...
- October 6th, 2020 at 7:02 am

Cannabis Stocks Extend Rally in August

Overcoming pressure on Canadian LPs and CBD companies with very strong performance from American cannabis operators, the Global Cannabis Stock Index extended July gains during August by increasing 2.1% in choppy...
- September 1st, 2020 at 1:58 pm

Planet 13 Raises C$15 Million Selling Units at C$3.70

Planet 13 Holdings Inc. Announces $15 Million Bought Deal Public Offering LAS VEGAS, Aug. 20, 2020 /CNW/ – Planet 13 Holdings Inc. (“Planet 13” or the “Company”) (CSE: PLTH)...
- August 20th, 2020 at 4:35 pm

Cannabis Stocks Jump 9% in July to Extend Q2 Gains

Cannabis stocks recovered nearly all of the losses from June during July, with the Global Cannabis Stock Index increasing 9.0% to 32.07: The index, which had 37 qualifying members during the...
- August 3rd, 2020 at 1:43 pm

How to Assess Cannabis Operator Intangible Assets

Intangible Assets in the Cannabis Industry – Measuring the Success of Acquisitions Guest Post by Noam Hirschberger, CFA, CVA, Principal, Co-Lead of Cannabis Practice at PKF O’Connor Davies In the...
- July 29th, 2020 at 10:54 am

American Cannabis Operator Stocks Gain 29% in Q2

After soaring nearly 35% in May, the American Cannabis Operator Index pulled back in June, decreasing 9.8% to 27.25: The index, which launched at the end of October 2018 with a...
- June 30th, 2020 at 5:12 pm

Pandemic Pauses Planet 13 Growth in Q1

Planet 13 Announces First Quarter 2020 Financial Results Q1 2020 Revenue of $16.8 million; EBITDA of $2.5 million SuperStore accounted for 10.1% of all Nevada cannabis dispensary revenue in...
- June 1st, 2020 at 5:03 pm

American Cannabis Operator Stocks Soar 35% in May

Following twelve consecutive monthly declines and then a modest gain in April, the American Cannabis Operator Index extended its rally off of its all-time low set in March, increasing 34.7% to...
- May 31st, 2020 at 12:54 pm

Get Ready for Selective Cannabis Industry Consolidation

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- April 26th, 2020 at 10:55 am

Global Cannabis Stocks Drop 21.5% in February

After breaking an 8-month losing streak in December with a strong close on the last day of the year, the Global Cannabis Stock Index extended its January losses with a 21.5%...
- March 2nd, 2020 at 10:55 am

American Cannabis Operator Index Plunges 25% in February

The American Cannabis Operator Index fell again for the eleventh consecutive month, declining 25.5% to 29.24, its lowest monthly close since inception: The index, which launched at the end of October...
- March 2nd, 2020 at 8:01 am