Planet 13 Holdings INC

Planet 13 reported a 14.9% year-over-year revenue decrease to $22.9 million for Q2 2026, but saw gross margin improve to 53.9% and reduced net loss, while progressing towards a merger with Vireo Growth.

Vireo Growth Inc. announced its definitive agreement to acquire Planet 13 Holdings Inc. in a transaction valued at a premium to Planet 13's recent trading prices.

Planet 13 Holdings shareholders elected seven directors and approved an increase in shares for the 2023 Equity Incentive Plan.

Planet 13 Holdings Inc. has entered into a separation agreement with former Chief Administrative Officer Lee Fraser, effective March 6, 2026.

Planet 13 Holdings Inc. reported Q1 2026 revenue of $21.1 million and a net loss of $8.1 million as the company completes its strategic restructuring.

Planet 13 Holdings Inc. has appointed Nancy Saitta and Leilani Bradford to its Board of Directors, effective April 24, 2026.

Planet 13 Holdings Inc. reported a significant net loss of $59.3 million for the nine months ended September 30, 2025, alongside declining revenues and gross profit margins, while announcing a strategic exit from its California operations.

Planet 13 Holdings Inc. reported a significant net loss for the second quarter of 2025, driven by decreased revenue and increased operating expenses, despite strategic expansion in Florida and a legal settlement recovery.

Planet 13 Holdings saw a revenue increase in Q1 2025, primarily due to the inclusion of VidaCann's operations, but faced challenges with customer traffic and wholesale prices.

Planet 13 Holdings Inc. saw a 29.7% increase in revenue in Q3 2024 compared to Q3 2023, primarily due to the acquisition of VidaCann.

Planet 13 Holdings saw a revenue increase in the second quarter of 2024, primarily due to the acquisition of VidaCann, despite a decrease in customer traffic at its Las Vegas superstore.

Planet 13 Holdings experienced a decrease in revenue for the first quarter of 2024, while also making strategic moves including a public offering, the sale of its Florida license, and the pending acquisition of VidaCann.

Planet 13 Holdings Inc. reported a significant revenue decline and net loss in 2025, driven by market price compression and strategic exits, while expanding its Florida dispensary network.

Planet 13 Holdings Inc. files its 10-K report for fiscal year 2024, highlighting financial results and the acquisition of VidaCann, LLC.

Planet 13 Holdings Inc. details a new employment agreement for its Chief Administrative Officer and releases its annual 10-K filing, outlining financial performance and strategic updates.

Planet 13 Holdings restated its financial statements for 2021 and 2022 due to a believed misappropriation of approximately $22 million by its investment advisor.

Vireo Growth Inc. presents an investor update detailing substantial Q2 2026 financial growth, strategic acquisitions, and a proposed merger with Planet 13 Holdings Inc. to create a leading U.S. cannabis operator.

Vireo Growth Inc. provides an update on its Agreement and Plan of Merger with Planet 13 Holdings Inc., detailing procedural filings and forward-looking statements.

Vireo Growth Inc. presents an investor presentation detailing its Q2 2026 performance, significant year-over-year revenue growth, and strategic acquisitions, including a proposed merger with Planet 13 Holdings Inc.

Vireo Growth Inc. reported strong Q2 2026 results, highlighted by a pro forma revenue exceeding $1 billion and significant strategic acquisitions that are set to expand its multi-state cannabis and agribusiness platform.

Vireo Growth Inc. announced robust second-quarter 2026 financial results, showcasing a 335% year-over-year revenue increase driven by strategic M&A, alongside significant expansion plans.

Vireo Growth Inc. has entered into a definitive agreement to acquire Planet 13 Holdings Inc. through a merger, with Planet 13 shareholders receiving a specified ratio of Vireo shares.

Planet 13 Holdings Inc. has filed a definitive proxy statement with the SEC.

Planet 13 Holdings is holding its annual general meeting on June 10, 2025, to elect directors, increase the number of authorized shares under its equity incentive plan, and ratify its accounting firm.

Planet 13 Holdings Inc. has filed a definitive proxy statement with the Securities and Exchange Commission.

Planet 13 Holdings Inc. will hold its annual general meeting on June 11, 2024, to elect directors and ratify the appointment of its independent registered public accounting firm.