@Planet13lv $PLNHF may end up being one of the best long term investments in MJ. I am surprised that I have only seen a few people publicly support it including @GerberKawasaki @BsiflingTrades & @prasadmaddali20
1) The last earnings call (Q3) provided lots of important information that I will provide below:
Doubling the size of the current dispensary floor in LV location.
Also adding a second entrance and 40 more checkouts. This will add about 800k in revenue a day according to $PLNHF
2) Planet 13 $PLNHF has about 135 million cash on hand, no debt, and made a profit last quarter at 50% capacity.
On the Q3 conference call when they only had $70 million cash, they said it was enough for 4 more super stores. Now 135 million, you can do the math. #WinnersWin
3) Planet 13 $PLNHF reopened its Medizen location in Las Vegas
The store is walking distance from the new Raiders Stadium
This store will be for the most part all Planet 13 Brands only
The Santa Barbara location is set to open later this year (high tourist area.)
4) Planet 13 $PLNHF wholesale had a record quarter and is gaining momentum fast
The company went from selling their branded products in 20 to 40 stores from Q2 to Q3
They have their brands in 2 out of every 3 dispensaries in Nevada and account for 9% of all Nevada sales
5) As MJ continues to become mainstream, $PLNHF is there to give you the over the top experience/customer service that makes you feel comfortable & excited to participate legally. Not to mention when Vegas is back open, more money will be coming in then ever.
6) I look forward to watching them continue to win. Humble management team that doesn't mind slow steady smart growth. Hopefully a lot more winning to come! #WinnersWin $PLNHF
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