PLNH

Planet 13 Reports Revenue Growth Amid Challenges

Planet 13 Holdings (TSE:PLTH) has released an update.

Planet 13 Holdings reported a revenue increase to $32.2 million in Q3 2024, driven by expansion in Florida and strong sales in Illinois. The company aims to continue its growth by expanding its store network and focusing on innovative cannabis shopping experiences. Despite challenges, Planet 13 is strategically positioned for future profitability with a strong balance sheet and diversified operations.

For further insights into TSE:PLTH stock, check out TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.