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Planet 13 Holdings Inc C.PLTH

Alternate Symbol(s):  PLNH

Planet 13 Holdings Inc. is a vertically integrated cultivator and provider of cannabis and cannabis-infused products in the States of Nevada, California, Florida and Illinois. The Company owns and manufactures cannabis products under various brands, including HaHa (gummies and beverages), Dreamland (chocolates), TRENDI (vapes and concentrates), Medizin (flower, vapes, concentrates), and Leaf and Vine (vapes). Through its subsidiaries in Nevada, it holds six licenses for cultivation (three medical and three adult-use), six Nevada production licenses (three medical and three adult-use), three Nevada dispensary licenses (one medical and two adult-use), one Nevada distribution license, one California adult-use dispensary license, two California distribution license, one California adult-use manufacturer license, and one Illinois conditional adult-use dispensary license.


CSE:PLTH - Post by User

Comment by schoron Jul 27, 2020 5:52pm
196 Views
Post# 31327186

RE:RE:Caution....Lock Down coming again......No end in sight

RE:RE:Caution....Lock Down coming again......No end in sight

It's been a huge move lately and even more so from the bottom in March. Market cap is hovering 1/4 bil and the company was cash flow positive last report(s).

 

I doubt vegas will totally shut down again, they can't afford to, and plth will have their store open for pickup and delivery.

 

Back in 2018 us investors were waiting for debt reduction which plth did, then we wanted cash flow positive they did.

 

Based on some fibs I did I think the buying op is in the 2.75-2.97 range. 2.75 would put it at 50% over the last huge runup.

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