Welcome to our dedicated page for Planet 13 Hldgs news (Ticker: PLNH), a resource for investors and traders seeking the latest updates and insights on Planet 13 Hldgs stock.
Planet 13 Holdings Inc. (OTCQX: PLNH) generates frequent news as a vertically integrated cannabis company active in Nevada, Florida and Illinois. Its updates often combine operational developments, financial reporting and regulatory commentary, giving investors and industry observers insight into how a multi-state cannabis operator manages growth, costs and market positioning.
News releases from Planet 13 regularly cover quarterly financial results, including revenue, gross profit, net loss and non-GAAP measures such as EBITDA and Adjusted EBITDA prepared under U.S. GAAP. These earnings updates are often accompanied by management commentary on cost reduction efforts, margin trends, and decisions to streamline the company’s footprint, such as divesting a non-core Orange County, California retail store and closing a cultivation facility in Coalinga.
Operational news features the opening of new dispensaries in Florida, including locations in DeLand, Pace, Orange Park and Edgewater, as well as the company’s first Illinois dispensary in Waukegan. Planet 13 also highlights its Las Vegas superstore, described as the nation’s largest dispensary, and the launch of its DAZED! consumption lounge. Product-focused announcements include the rollout of Nano HaHa Soft Chews across Florida, the planned introduction of Dreamland Chocolates in that state, and an exclusive partnership to bring ONI-branded solventless hash rosin products to Planet 13 stores in Florida.
Regulatory and policy commentary appears in Planet 13’s news when it addresses topics such as the potential rescheduling of cannabis under U.S. federal law and the implications for taxation and banking. Corporate governance and capital markets items, such as restricted stock unit grants under an equity compensation plan, are also disclosed. This news page allows readers to follow Planet 13’s financial performance, expansion activities, branded product launches and responses to evolving cannabis regulation.
Planet 13 (OTCQX: PLNH) opened a new dispensary in Pace, Florida at 4612 School Lane, located just off US Highway 90 across from Walmart and Lowe’s. The store will operate Monday–Saturday 9:00 a.m.–7:00 p.m. and Sunday 11:00 a.m.–5:00 p.m., 365 days a year. The location targets Pace and nearby communities including Milton, Bagdad and Avalon and sits on a busy retail corridor in the Florida Panhandle. A grand opening event is planned for November 22, 2025 featuring perks, swag and local vendors. Customers can order in advance for pickup at https://planet13.com/locations/.
Planet 13 (OTCQX: PLNH) opened a new Florida dispensary in DeLand at 309 Woodland Blvd on Oct 13, 2025, positioned just off the I-4 corridor between Orlando and Daytona.
The store is downtown near Stetson University, offers Planet 13 branded products, and is open 365 days a year: Monday–Saturday 9 a.m.–7 p.m. and Sunday 9 a.m.–7 p.m. A grand opening celebration is scheduled for November 15, 2025 with local vendors, perks and exclusive swag. Customers can order for pickup at https://planet13.com/dispensary-deland-fl/.
Planet 13 Holdings (OTCQX: PLNH) has launched its popular HaHa Soft Chews product line across all Planet 13 stores in Florida. The vegan, gluten-free, and melt-resistant gummies are made with real fruit juices and feature fast-acting nano formulations.
The product line includes five flavors: Strawberry Lemonade and Mighty Mango (100mg THC each), Blue Razz (100mg THC), and two 1:1 ratio options - Blue Razz and Guava Breeze (50mg THC + 50mg CBD each). The company plans to expand its Florida offerings with sugar-free HaHa variants and Dreamland Chocolates in September.
Planet 13 Holdings (OTCQX: PLNH) reported challenging Q2 2025 financial results, with revenue declining 13.6% to $26.9 million compared to $31.1 million in Q2 2024. The company posted a net loss of $13.3 million and an Adjusted EBITDA loss of $2.4 million.
Gross profit margin decreased to 43.4% from 50.9%, primarily due to industry-wide pricing pressure. The company implemented cost-saving measures, reducing total expenses by 4.6% to $18.5 million. Cash position stood at $15.9 million, down from $23.4 million at the end of 2024.
During Q2, Planet 13 expanded its Florida presence with new dispensaries in Orange Park and Edgewater, while also announcing management changes with Steve McLean appointed as interim CFO following Dennis Logan's resignation.
Planet 13 Holdings (OTCQX: PLNH) has announced the launch of "Planet the 13th Night Market," a new monthly indoor art and makers market at their Las Vegas Entertainment Complex. The free, 21+ event will debut on August 13, 2025, from 6-10 p.m. at the world's largest dispensary.
The market, organized in partnership with Slonina ARTSpace, will feature local artists, interactive booths, food trucks, and live music. Each month's event will include a charity raffle, with the inaugural event benefiting The Animal Foundation of Las Vegas. Local creators can apply for booth space by the 3rd of each month, with booth fees waived in exchange for providing interactive elements for attendees.
[]Planet 13 Holdings (OTCQX: PLNH), a vertically-integrated multi-state cannabis company, has scheduled the release of its Q2 2025 financial results for August 13, 2025, after market close.
The company will host a conference call on the same day at 5:00 p.m. ET to discuss the quarterly results and provide business updates. The call will feature presentations from Co-CEOs Bob Groesbeck and Larry Scheffler, along with CFO Steve Mclean.
Planet 13 Holdings (OTCQX: PLNH) has announced a comprehensive overhaul of its loyalty program, introducing an industry-first price match guarantee across all its stores. The new program, effective July 11, 2025, features a bold 50% discount for all loyalty members who spend $100 or more.
The enhanced program includes special events like 'Planet the 13th Day' and 'Retrograde Day', offering product launches, giveaways, and interactive experiences. Members can enroll for free in-store or online at enrollnow.vip to immediately access these benefits.
Planet 13 Holdings (OTCQX: PLNH) announced the resignation of Chief Financial Officer Dennis Logan, effective May 31, 2025. Logan, who has served as CFO since 2018, will be leaving to pursue other opportunities. The company has appointed Steve McLean, current Vice President of Finance, as Interim CFO.
McLean, who joined Planet 13 in 2019, has been overseeing the company's finance and accounting operations. He is a Certified Management Accountant with a Master's degree in taxation from the State University of New York at Albany.
Planet 13 Holdings (OTCQX: PLNH) reported challenging Q1 2025 financial results, with revenue increasing 22.5% to $28.0 million compared to Q1 2024, primarily driven by Florida expansion. Despite revenue growth, the company faced headwinds with a net loss of $2.0 million and Adjusted EBITDA loss of $2.5 million. Gross profit margin declined to 42.8% from 45.8% due to industry-wide pricing pressure.
Operating expenses increased 31.6% to $18.6 million, mainly due to Florida operations. The company's cash position decreased to $15.6 million from $23.4 million in December 2024. During Q1, Planet 13 expanded its Florida presence with new dispensaries in Port Richey, Orange Park, and Edgewater.