New insider activity at Planet 13 Holdings ( (TSE:PLTH) ) has taken place on September 2, 2025.
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Co-CEO Robert Groesbeck recently sold 318,000 shares of Planet 13 Holdings stock, amounting to a total sale value of $90,760.
Recent Updates on TSE:PLTH stock
Planet 13 Holdings, Inc. recently reported its Q2 2025 earnings, highlighting a mixed performance amid challenging market conditions. The company experienced a decline in total revenue to $26.9 million, attributed to a decrease in Las Vegas tourism and statewide cannabis sales, as well as strategic store closures in Florida. Despite these challenges, the SuperStore revenue increased by 7%, and improvements in Florida flower quality were noted. The company also reported a slight improvement in gross margin and a reduction in general and administrative expenses. However, the adjusted EBITDA loss of $2.4 million reflects ongoing financial challenges. Analysts have adjusted their ratings, citing the tough operating environment, price compression, and increased competition as reasons for the changes. Planet 13 remains focused on cost-cutting measures and strategic expansions, including new dispensaries in Florida and a revamped loyalty program, to enhance its competitive position and drive future growth.
Spark’s Take on TSE:PLTH Stock
According to Spark, TipRanks’ AI Analyst, TSE:PLTH is a Neutral.
Planet 13 Holdings faces significant financial challenges, with declining revenues and profitability being the most impactful factors. Technical analysis shows some neutral to slightly positive signals, but valuation concerns persist due to ongoing losses. The earnings call highlighted both strengths and weaknesses, resulting in a mixed outlook.
To see Spark’s full report on TSE:PLTH stock, click here.
More about Planet 13 Holdings
YTD Price Performance: -25.00%
Average Trading Volume: 779,435
Technical Sentiment Signal: Sell
Current Market Cap: $92.28M