Welcome to our dedicated page for Planet 13 Hldgs SEC filings (Ticker: PLNH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Planet 13 Holdings Inc. filings document a public cannabis operator whose securities are quoted on OTCQX under PLNH and whose operations include cultivation, production and dispensary activities in state-licensed markets. Recent 8-K filings furnish operating results prepared under U.S. GAAP, press releases on restricted stock unit grants, and material-event disclosures tied to board appointments, committee assignments and executive employment matters.
Proxy materials cover annual meeting proposals such as director elections, amendments to the 2023 Equity Incentive Plan share reserve and auditor ratification. The filing record also documents governance structure, non-employee director compensation arrangements, equity-compensation plan administration, state-licensed cannabis regulatory context and the company’s disclosure status with no securities registered under Section 12(b) of the Exchange Act.
Planet 13 Holdings Inc. reported weaker 2025 results while highlighting early signs of operational improvement in late 2025. In Q4 2025, revenue was $25.2 million, down from $30.3 million, with gross margin at 44.6%. The quarter still produced a net loss of $4.6 million, but this was much smaller than the prior-year loss, which included a large impairment, and Adjusted EBITDA was a modest loss of $0.3 million.
For full-year 2025, revenue fell to $103.4 million from $116.4 million as Las Vegas tourism and Florida competition weighed on sales. Gross profit dropped to $39.9 million and margin compressed to 38.6%. The company posted a net loss of $63.9 million, including $29.8 million of non-cash impairment charges, and Adjusted EBITDA swung to a $10.1 million loss from a $4.8 million profit.
On the balance sheet, cash declined to $15.6 million and total assets fell to $152.3 million, while total liabilities increased to $101.2 million. Management emphasized exiting California, opening new Florida dispensaries, and targeting cash flow positive performance in 2026.
Planet 13 Holdings Inc. vice president of operations Chris Wren reported an open-market sale of common stock. On March 6, 2026, Wren sold 30,000 shares of Planet 13 common stock at a price of $0.1618 per share. After this transaction, Wren directly owned 4,288,287 common shares of Planet 13 Holdings Inc.
Planet 13 Holdings Inc. reported a leadership change involving one of its senior officers. On March 6, 2026, the company notified Chief Administrative Officer Lee Fraser that his employment was terminated, effective upon delivery of the termination notice. Fraser had been on administrative leave since January 5, 2026.
Planet 13 Holdings Inc. VP of Operations Chris Wren reported two recent transactions in the company’s common stock. On February 20, 2026, he executed an open-market sale of 30,000 shares at $0.1715 per share, leaving him with 4,318,287 shares held directly afterward. Earlier, on January 8, 2026, he acquired 500,000 shares as a grant or award at no cost.
Planet 13 Holdings Inc. VP of Operations Wren Chris reported a sale of common stock in a recent insider transaction. On 01/30/2026, the officer sold 25,000 shares of Planet 13 common stock at a price of $0.1746 per share, coded as a sale transaction.
After this trade, Wren beneficially owned 3,848,287 shares of Planet 13 common stock in direct ownership form. This filing is a standard Form 4 disclosure of insider trading activity and does not involve any derivative securities.
Planet 13 Holdings Inc. vice president of operations Christopher Wren reported a sale of company stock. On January 23, 2026, he sold 30,000 shares of common stock at a price of $0.1857 per share. After this transaction, he beneficially owned 3,873,287 shares of Planet 13 common stock, held in direct ownership. This filing is a standard Form 4 insider transaction report required by U.S. securities regulations.
Planet 13 Holdings Inc. VP of Operations Christopher Wren reported selling 30,000 shares of common stock on 01/16/2026 at a price of $0.1843 per share. This was a direct sale of non-derivative common stock. After the transaction, he directly beneficially owned 3,903,287 shares of Planet 13 common stock. The filing was made on Form 4 as an individual reporting person.
Planet 13 Holdings Inc. reported that on January 5, 2026, the company placed its Chief Administrative Officer, Lee Fraser, on administrative leave. The company stated that Mr. Fraser’s compensation remains unchanged during this period. No other leadership changes, financial results, or major transactions were disclosed in this report.
Planet 13 Holdings Inc. executive Christopher Wren, the company’s VP of Operations, reported selling common stock in a recent insider transaction. On 01/07/2026, he sold 30,000 shares of Planet 13 common stock at a price of $0.2022 per share in a direct transaction. After this sale, Wren still beneficially owns 3,933,287 common shares, held directly in his name. The filing was made as a Form 4 by a single reporting person and does not report any derivative securities activity.