Let's conquer your financial goals together...faster. https://www.cantechletter.com/2020/10/theres-still-more-upside-to-planet-13-says-beacon-securities/. Click here for more on how to use these ratings. Takes you to an interactive chart which cannot interact. That's why the superstore features an LED interactive floor, a 3-D visual experience on the ceiling, and an interactive laser art device which allows the guests to create their own graffiti on the walls. Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research – including Buy/Hold Recommendations, Earnings Surprises, Estimates and Recommendations History. and Whodidit With a Senator? While much of the marijuana market in the U.S. is focused on the medical marijuana space, Planet 13 is building its brand on the recreational side. On the other hand, the shutdown is both temporary and already priced into the stock. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis. That's a major reason Planet 13 stock is down 48% year to date. Discover historical prices for PLNHF stock on Yahoo Finance. Innovative Industrial owns major marijuana farms in 15 states. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. For information You can change your choices at any time by visiting Your Privacy Controls. © 2020 Verizon Media. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. Cumulative Growth of a $10,000 Investment in Stock Advisor, 2 Marijuana Stocks That Could Be Millionaire Makers @themotleyfool #stocks $IIPR $TCNNF $CURLF $CRLBF $PLNH.F, Innovative Industrial Properties Keeps Up the Pace With Torrid Q3 Growth, Why Innovative Industrial Properties Stock Surged Today, Innovative Industrial Properties (IIPR) Stock Pops 3.5% on Strong Earnings Report, 3 Major Stories for Marijuana Stocks After the Election, Here's a Fantastic Pick-and-Shovel Marijuana Stock to Buy Right Now, Copyright, Trademark and Patent Information. View real-time stock prices and stock quotes for a full financial overview. Read our. This real estate investment trust (REIT) has an incredible profit margin of 52%, while its top-line growth last quarter was an astounding 269%. But investing in pot companies can also be challenging and scary, and there are a lot of potential pitfalls. This is how it has acquired 4 million square feet of marijuana industry properties in the U.S. Because marijuana is still illegal under federal law, most financial institutions won't work with companies in the sector. Detailed price information for Planet 13 Holdings Inc (PLTH-CN) from The Globe and Mail including charting and trades. Since then, PLNHF stock has increased by 165.3% and is now trading at $3.7140. Stock Advisor launched in February of 2002. Discover new investment ideas by accessing unbiased, in-depth investment research, Other OTC - Other OTC Delayed Price. For exchange delays and terms of use, please read disclaimer (will open in new tab). 5,654.97. While this young company has yet to turn a profit, investors looking for winners in the marijuana retail space should keep an eye on this business. And the COVID-19 pandemic has hampered all sorts of retail activity this year, including in the marijuana sector. Privacy Policy and While it's unclear which of these multi-state operators will dominate in the marijuana market in the future, what is increasingly clear is that Innovative will be that company's landlord. statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, Planet 13 has a 59% gross margin, and its operations are cash flow positive. As is common in young, high-growth business sectors, there's a lot of unprofitability in the cannabis industry as companies spend heavily to grow their businesses and gain market share. Announces Closing of C$28.8 Million Bought Deal Public Offering. Terms of Use Privacy Policy Disclosures Member User Agreement Corrections Cookies. Its dividend yields a healthy 5.78%. Returns as of 11/12/2020. As a result, marijuana growers in need of cash only have a few options. 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