Planet 13 Holdings Inc. reports developments for a vertically integrated cannabis operator with cultivation, production and dispensary operations in Nevada, Illinois and Florida. Company news commonly covers quarterly financial results, release schedules, business highlights, strategy and market-footprint updates across its retail, wholesale and production activities.
Recurring updates also include the Las Vegas dispensary and DAZED! consumption lounge, the Waukegan, Illinois dispensary, Florida dispensary operations, customer programs such as Planet 13 Rewards, board and committee composition, equity compensation grants and portfolio streamlining after the company’s California exit. Its releases frame cannabis operations within state licensing regimes while noting the continuing conflict with U.S. federal law.
Planet 13 (OTCQX: PLNH) launched Planet 13 Rewards, a redesigned loyalty program with four tiers and cash-like point redemption. Members start at Insider earning 2 points per dollar, moving to higher tiers with up to 6 points per dollar at VIP.
Points convert to dollars at checkout (500 points = $5), remain active with a purchase every six months, and tier placement is based on calendar-year spend with annual resets on February 1. Enrollment is free and program features integrate with the Planet 13 mobile app for earn, track, and redeem functions.
Planet 13 (OTCQX: PLNH) announced a grant of 9,500,000 Restricted Stock Units (RSUs) to certain officers, directors and employees under the company’s 2023 Equity Compensation Plan, which was previously approved by shareholders.
All RSUs vest in three equal tranches: on grant, May 16, 2026, and May 16, 2027, unless varied under the terms of the Plan. No additional financial terms or share-count impact were disclosed.
Planet 13 (OTCQX: PLNH) on Dec 22, 2025 urged legislators and regulators to act after the Dec 18, 2025 Executive Order directing rescheduling of marijuana to Schedule III.
The company said rescheduling may reduce certain tax constraints such as IRS Code Section 280E, help enable safe banking reforms, improve access to financial services, and support job creation, research, and broader access to potential medical benefits. Planet 13 described rescheduling as an initial step toward increased research, regulatory clarity, and long-term value creation for investors.
Planet 13 (OTCQX: PLNH) announced an exclusive partnership with Praetorian Global to launch ONI products across Planet 13 Florida stores. The collaboration brings ONI’s legacy solventless genetics and two flagship products to Florida’s medical market: All-in-One Solventless Hash Rosin Vape available in all Florida locations starting Nov 21, 2025, and Cold Cure Rosin arriving Jan 2026. ONI’s first regulated-market expansion follows its Colorado debut in 2024. Brand ambassadors will appear at five Planet 13 stores on launch day and continue in-store visits over coming months.
Planet 13 (OTCQX: PLNH) reported Q3 2025 results on November 12, 2025. Revenue was $23.3M (down 27.6% YoY). Gross profit was $5.0M (21.3%) versus $16.7M (51.9%) a year earlier; management said gross margin excluding one-time items would be ~45%. Net loss was $44.0M, which includes a $29.8M non-cash impairment. Adjusted EBITDA loss was $4.1M. Cash was $17.2M and total liabilities rose to $103.9M. Company closed divestiture of California on November 3, 2025 and opened Florida dispensaries in Q3/Q4 while targeting BHO lab startup by year-end.
MAX Power Mining Corp (CSE: MAXX; OTC Pink: MAXXF; FSE: 89N) announced an additional non-brokered private placement expected to issue up to 5,681,818 Units at $0.22 per Unit. Each Unit includes one common share and one warrant exercisable at $0.29 for 24 months. Combined with prior offerings, the company expects to raise up to $4.45 million in gross proceeds. Proceeds are intended for exploration of Natural Hydrogen properties in Saskatchewan and for working capital.
Issued securities will carry a four-month plus one day statutory hold and the company may pay finders' fees. Warrants include a discretionary acceleration clause if the share price closes at $0.40+ for 10 consecutive trading days.
Planet 13 (OTCQX: PLNH) on Nov 3, 2025 announced the divestiture of its non-core Orange County, California retail store and the closure of its Coalinga cultivation facility as part of a strategy to focus on higher‑performing markets.
The company said California operations were cash‑flow negative and not aligned with long‑term objectives. Planet 13 will continue investing in Nevada and Florida and pursue disciplined opportunities to enhance shareholder value. Proceeds are described as not material but expected to strengthen liquidity. The Orange County license sale is subject to customary closing conditions and regulatory approvals and is expected to close in approximately three to four months. The Coalinga facility is expected to wind down by end of 2025.
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.