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  • Yesterday

      Show headlines and story abstract
    • 6:30AM ET on Thursday Nov 21, 2024 by Dow Jones
      Companies Mentioned: PLTH

      Planet 13 Hires Bryant Ison as VP of National Marketing to Drive Brand Growth

      LAS VEGAS, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) ("Planet 13" or the "Company"), a leading vertically-integrated multi-state cannabis company, today announced the hiring of Bryant Ison as VP of National Marketing. Bryant Ison joins Planet 13 with a long history of driving brand growth for iconic global brands, such as Pepsi, Band-Aid, and Clorox. Ison has deep experience in the cannabis industry launching new brands and he will spearhead all marketing activities to grow the Planet 13 business.
  • Nov 8, 2024

      Show headlines and story abstract
    • 4:29PM ET on Friday Nov 08, 2024 by Dow Jones
      Companies Mentioned: PLTH
      Basic and diluted loss per share $ (0.02) $ (0.21) =========== =========== Weighted Average Number of Shares of Common Stock Basic and diluted 325,163,800 222,080,513 =========== =========== PLANET 13 HOLDINGS INC. Interim Condensed Consolidated Statements of Cash Flows (Unaudited, In United States Dollars) -------------------------------------------------- Nine Months Ended --------------------------------- September 30, September 30, 2024 2023 --------------- --------------- CASH USED IN OPERATING ACTIVITIES Net loss $ (21,358,105) $ (59,350,477) Adjustments for items not involving cash: Shared based compensation 154,893 1,926,595 Non-cash lease expense 1,264,904 3,840,610 Depreciation 9,829,358 9,184,602 Change in fair value of warrant liability - (18,127) Deferred Tax Recovery - (6,509) Lease incentive amortization 81,832 (78,347) Loss on impairment of fixed assets 2,393,087 - Loss on impairment of intangible assets - 39,649,448 Loss on disposal of Intangible assets 762,091 - Loss (gain) on disposal of fixed assets 88,849 153 (6,783,091) (4,852,052) Net Changes in Non-cash Working Capital Items 14,146,701 (3,256,283) Repayment of lease liabilities (720,831) (3,078,748) ----------- ----------- Total Operating 6,642,779 (11,187,083) ----------- ----------- FINANCING ACTIVITIES RSU withholding taxes paid in lieu of share issuance - (267,526) Proceeds from public share issuance 9,862,208 - Net Cash From VidaCann Acquisition 911,715 - VidaCann Acquisition-Cash Component (4,000,000) - Total Financing 6,773,923 (267,526) ----------- ----------- INVESTING ACTIVITIES Purchase of property and equipment (9,481,532) (6,043,180) Proceeds from sales of fixed assets 7,000 64,876 Purchase of 51% interest in Planet 13 Illinois - (866,250) Proceeds from sale of Florida License, net of transaction costs 8,237,909 - ----------- ----------- Total Investing (1,236,623) (6,844,554) ----------- ----------- NET CHANGE IN CASH DURING THE PERIOD 12,180,079 (18,299,163) CASH Beginning of Period 17,281,592 38,789,604 ----------- ----------- End of Period $ 29,461,671 $ 20,490,441 =========== ===========
    • 4:29PM ET on Friday Nov 08, 2024 by Dow Jones
      Companies Mentioned: PLTH
      Basic and diluted loss per share $ (0.02) $ (0.21) =========== =========== Weighted Average Number of Shares of Common Stock Basic and diluted 325,163,800 222,080,513 =========== =========== PLANET 13 HOLDINGS INC. Interim Condensed Consolidated Statements of Cash Flows (Unaudited, In United States Dollars) -------------------------------------------------- Nine Months Ended --------------------------------- September 30, September 30, 2024 2023 --------------- --------------- CASH USED IN OPERATING ACTIVITIES Net loss $ (21,358,105) $ (59,350,477) Adjustments for items not involving cash: Shared based compensation 154,893 1,926,595 Non-cash lease expense 1,264,904 3,840,610 Depreciation 9,829,358 9,184,602 Change in fair value of warrant liability - (18,127) Deferred Tax Recovery - (6,509) Lease incentive amortization 81,832 (78,347) Loss on impairment of fixed assets 2,393,087 - Loss on impairment of intangible assets - 39,649,448 Loss on disposal of Intangible assets 762,091 - Loss (gain) on disposal of fixed assets 88,849 153 (6,783,091) (4,852,052) Net Changes in Non-cash Working Capital Items 14,146,701 (3,256,283) Repayment of lease liabilities (720,831) (3,078,748) ----------- ----------- Total Operating 6,642,779 (11,187,083) ----------- ----------- FINANCING ACTIVITIES RSU withholding taxes paid in lieu of share issuance - (267,526) Proceeds from public share issuance 9,862,208 - Net Cash From VidaCann Acquisition 911,715 - VidaCann Acquisition-Cash Component (4,000,000) - Total Financing 6,773,923 (267,526) ----------- ----------- INVESTING ACTIVITIES Purchase of property and equipment (9,481,532) (6,043,180) Proceeds from sales of fixed assets 7,000 64,876 Purchase of 51% interest in Planet 13 Illinois - (866,250) Proceeds from sale of Florida License, net of transaction costs 8,237,909 - ----------- ----------- Total Investing (1,236,623) (6,844,554) ----------- ----------- NET CHANGE IN CASH DURING THE PERIOD 12,180,079 (18,299,163) CASH Beginning of Period 17,281,592 38,789,604 ----------- ----------- End of Period $ 29,461,671 $ 20,490,441 =========== ===========
  • Nov 6, 2024

  • Nov 1, 2024

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