Planet 13 Holdings
Based in Nevada, United States, Planet 13 Holdings Inc (OTCMKTS: PLNHF) is a cannabis company with a unique interactive entertainment concept of visual light attractions and varied cannabis retail.
At 112,000 square feet, the company became the largest cannabis dispensary in the world with its cannabis store steps away from the Las Vegas Strip. Since opening its Superstore dispensary on November 1, 2018, Planet 13’s revenue has grown at an average of 6.2% per month with also an influx of customer growth (it is reported that Planet 13 serves an average of 3,575 customers per day).
It is of some concern to see if this inclusion of an entertainment concept to cannabis sales can succeed outside of the Las Vegas market and away from such a high-traffic area.