Planet 13 Holdings Inc a leading vertically integrated Nevada cannabis company, today announced its financial results for the three-month period ended March 31, 2021. Planet 13’s financial statements are prepared in accordance with International Financial Reporting Standards (“IFRS”). After a slower January and February, due to COVID-19 related restrictions in place in Nevada, we had an absolutely outstanding March, April, and now May. Since March the company’s revenues to increase 41.8% from $16.8 million to $23.8 million. According to Bob Groesbeck, Co-CEO of Planet 13 “Tourism is back, and the SuperStore is performing well. The Medizin store is proving that our blend of entertainment, customer service, and product selection work in smaller footprint retail stores. Our wholesale is growing at a solid pace. Across our Nevada operations, we are experiencing a successful return to growth.”
Published Ncv Newswire, New Cannabis Ventures, 05/27/2021 17:07:00
Open article: https://www.newcannabisventures.com/planet-13-q1-revenue-increases-42-to-23-8-million/