Marijuana Retailer Planet 13 Reports Q1 Revenue Of $13.8 Million

Planet 13, the Nevada-based company that runs what is said to be the largest cannabis entertainment center in the world, reported first quarter revenue of $13.8 million, compared with $3.6 million in the same period a year ago.

Net loss for the firm, which owns a 112,000-square-foot superstore in Las Vegas, totaled $1.15 million, compared with net income of $12,741 in the first quarter 2018.

Planet 13 has a total of six licenses in Nevada and trades on the Canadian Securities Exchange under the ticker PLTH.

For more details on the company’s quarterly results, click here.

Original Article Source: https://mjbizdaily.com/marijuana-retailer-planet-13-reports-q1-revenue-of-13-8-million/

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