Everything looks good to me about Planet 13 EXCEPT.....Is there expansion plans. Opening new brick and mortar still involves alot of costs and manpower. Revenue looks like its going to be great but will probably most go to expansion and operating expense but for them to test their concept out of Las Vegas it will take alot more $$$$.
So where is that money going to come from?
They have room to dilute so my concern is there is a possible PP coming out after financials which could give the PP investor a discount of around <$3.50 per share if this happens. But IMO sooner or later they will need to raise alot more cash to fuel growth.