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Planet 13 Holdings (TSE:PLTH)
:PLTH
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Planet 13 Holdings (PLTH) Price & Analysis

143 Followers

PLTH Stock Chart & Stats

C$0.18
>-C$0.01(-2.94%)
At close: 4:00 PM EDT
C$0.18
>-C$0.01(-2.94%)

Bulls Say, Bears Say

Bulls Say
Florida Tax Relief From Schedule III ReschedulingRescheduling is a structural improvement for the company’s largest reported market. Exclusion from 280E on a go-forward basis should reduce the federal tax burden on Florida operations and support profitability and cash generation over coming periods.
Higher-margin BHO Production Supports Product MixBringing BHO production online can increase the share of internally manufactured, higher-margin products sold through Florida stores. This vertical-integration benefit may improve gross margin and comparable sales as production scales through 2026.
Cost Discipline And Branded Product GrowthLower overhead improves the path toward operating leverage, while strong DAZED! growth indicates product and destination-brand traction. Together, these trends can strengthen margins and customer economics if the company sustains execution.
Bears Say
Persistent Losses And Negative Cash GenerationThe company is not yet self-funding: ongoing losses and negative free cash flow may require continued liquidity management or external funding. This limits strategic flexibility and makes the turnaround dependent on sustained margin and revenue improvement.
Higher Leverage And Uncertain Tax LiabilityRising leverage reduces balance-sheet resilience while the unresolved tax position creates additional uncertainty around future cash obligations. Together, they could constrain investment, store development, and operating flexibility if cash burn persists.
Revenue Volatility And Las Vegas Demand ExposureDeclining and volatile revenue shows that the repositioned portfolio has not yet established durable operating leverage. Continued weakness in Las Vegas tourism can pressure SuperStore traffic and spending, complicating recovery despite other growth initiatives.

Planet 13 Holdings News

PLTH FAQ

What was Planet 13 Holdings’s price range in the past 12 months?
Planet 13 Holdings lowest stock price was C$0.15 and its highest was C$0.55 in the past 12 months.
    What is Planet 13 Holdings’s market cap?
    Planet 13 Holdings’s market cap is C$67.06M.
      When is Planet 13 Holdings’s upcoming earnings report date?
      Planet 13 Holdings’s upcoming earnings report date is Nov 05, 2026 which is in 60 days.
        How were Planet 13 Holdings’s earnings last quarter?
        Planet 13 Holdings released its earnings results on Aug 12, 2026. The company reported -C$0.028 earnings per share for the quarter, missing the consensus estimate of -C$0.014 by -C$0.014.
          Is Planet 13 Holdings overvalued?
          According to Wall Street analysts Planet 13 Holdings’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Planet 13 Holdings pay dividends?
            Planet 13 Holdings does not currently pay dividends.
            What is Planet 13 Holdings’s EPS estimate?
            Planet 13 Holdings’s EPS estimate is >-0.01.
              How many shares outstanding does Planet 13 Holdings have?
              Planet 13 Holdings has 335,319,460 shares outstanding.
                What happened to Planet 13 Holdings’s price movement after its last earnings report?
                Planet 13 Holdings reported an EPS of -C$0.028 in its last earnings report, missing expectations of -C$0.014. Following the earnings report the stock price went up 7.895%.
                  Which hedge fund is a major shareholder of Planet 13 Holdings?
                  Currently, no hedge funds are holding shares in TSE:PLTH
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Planet 13 Holdings Stock Smart Score

                    Company Description

                    Planet 13 Holdings

                    Planet 13 Holdings Inc. operates as a vertically integrated cannabis company, overseeing the cultivation, manufacturing, distribution, and marketing of cannabis and infused products. Its primary focus is serving both the medical and recreational marijuana markets within Nevada, U.S. Beyond its core cannabis activities, the company manages licensed cannabis dispensaries, a retail store for general merchandise, and an event space. Planet 13 further expands its portfolio by owning and operating hospitality venues, including Trece Eatery + Spirits, a coffee shop, and a pizzeria. Additionally, it offers consulting, educational resources, and various convenience services. The company is responsible for producing a diverse range of cannabis items such as chocolates, gummies, sparkling beverages, vapes, concentrates, and raw flower, which are marketed under its proprietary brands: TRENDI, Leaf & Vine, Dreamland, HaHa, and Medizin. The corporate headquarters for Planet 13 Holdings Inc. are situated in Las Vegas, Nevada.

                    Planet 13 Holdings (PLTH) Earnings & Revenues

                    PLTH Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call describes a transition quarter with identifiable and actionable positives that are expected to drive improvement. Key positives include meaningful federal regulatory change (medical rescheduling to Schedule III) that materially improves tax treatment for the company's largest market (Florida, ~40% of revenue), tangible cost reductions (G&A down nearly $3M YoY), gross margin momentum (adjusted improvement versus prior quarter), DAZED! strength (+~47% YoY), Nevada wholesale sequential recovery (+~41%), and an upcoming BHO concentrate contribution expected to lift margins. Offsetting these positives are Q1 transitional impacts (sequential revenue decline of ~16.3% driven by the California divestiture and one‑time loyalty benefit absence), an increased adjusted EBITDA loss (‑$2.3M), a sizeable uncertain tax position (~$37M) while guidance and retrospective tax relief remain unresolved, continued weak Las Vegas tourism (~7% below 2024) and short‑term margin dilution from CA inventory sales. Management frames Q2 as the first quarter expected to reflect the repositioned business without transition drag and points to regulatory and product drivers that should improve cash flow and profitability through 2026. On balance, the transformational regulatory change and operational cost progress weigh heavily in favor of improvement, while notable near‑term financial and macro headwinds create execution and timing risk.View all TSE:PLTH earnings summaries
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