Planet 13 (PLTH) Corporate presentation summary
Event summary combining transcript, slides, and related documents.
Corporate presentation summary
7 May, 2026Business overview and strategy
Operates as a national cannabis retailer with 34 open stores across four states as of March 26, 2025.
Pursues a multi-year growth plan focused on expanding retail, wholesale, and lifestyle segments.
Owns five cultivation and four production facilities, supporting a diverse brand portfolio.
Emphasizes immersive retail experiences, including unique superstores and consumption lounges.
Leverages both owned retail and wholesale channels to build national brand presence.
Retail and market expansion
Expanded rapidly in Florida, acquiring 26 stores in Q2 2024 and opening additional locations.
Plans to open 2–6 more stores in FY 2025, aiming for significant neighborhood store growth.
Florida market shows strong growth, with a 75% two-year CAGR in flower sales volume.
Superstores in Las Vegas and Orange County serve as flagship destinations, attracting over one million visitors annually.
Brand and product portfolio
Maintains a top brand portfolio, including leading edibles, vape, concentrate, and pre-roll products.
Brands have received multiple industry awards, such as the Jack Herer Cup for edibles and flower.
Plans to replicate Nevada and California brand success across the US through licensing and wholesale.
Launched a lifestyle brand and e-commerce platform, including a dedicated app for cannabis delivery.
Latest events from Planet 13
- Q2 2024 revenue rose 20% as expansion accelerates in Florida and lifestyle brand initiatives grow.PLTH
Corporate presentation7 May 2026 - Q4 2025 revenue rose sequentially, losses narrowed, and strategic exits set up 2026 profitability.PLTH
Q4 202529 Mar 2026 - Q2 revenue rose 36% to $31.1M, gross margin hit 50.9%, EBITDA $3.2M, net loss $8.1M.PLTH
Q2 20241 Feb 2026 - Q3 revenue up 29.7% YoY to $32.2M, net loss narrows, and Adjusted EBITDA at $1.3M.PLTH
Q3 202415 Jan 2026 - Q4 revenue up 31.8% year-over-year, but margin and net loss pressured by impairment.PLTH
Q4 202426 Dec 2025 - Revenue fell 27.6% to $23.3M and net loss hit $44M amid restructuring and market headwinds.PLTH
Q3 202516 Dec 2025 - Q1 2025 revenue up 22.5% to $28M; net loss narrows; Florida and Nevada remain key focus.PLTH
Q1 202526 Nov 2025 - Q2 revenue dropped 13.6% to $26.9M as margin, cost actions, and new stores shaped results.PLTH
Q2 202523 Nov 2025