Planet 13 cuts losses, grows balance sheet, largely thanks to Florida entrance
Despite the failure of Amendment 3 in Florida, the company said it will continue expanding in the state. Nevada-based Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) this week reported a net loss of $7.4 million for the third quarter, down significantly from the $46.3 million loss during the same quarter a year ago. The […]
Florida’s medical cannabis operators split on rollout timeline if Amendment 3 succeeds
With early voting well underway in Florida, the fate of the state’s Amendment 3, which would usher in recreational cannabis sales for adults 21 and older, is being decided. But questions linger about the measure’s timeline and how Gov. Ron DeSantis’ administration will approach what could become the nation’s third-largest cannabis market, if the measure […]