Here's the Marijuana Stock I Plan to Buy in 2022
Planet 13 Holdings (OTC: PLNH.F) is a marijuana dispensary operator, but that description doesn't do the business or its future potential justice. The company is well on its way to becoming a massive national brand and has tremendous growth potential in the coming years, and it's one that I'm planning to add to my portfolio as we head into 2022.
Planet 13 was formed in 2015 and has operated its flagship SuperStore near the Las Vegas Strip for several years. It is so much more than a dispensary -- it's about the size of the average Walmart, has cultivation and production facilities, a restaurant/bar, and will soon feature a state-of-the-art consumption lounge. Just to put it into perspective, this single location generated over $70 million in 2020 revenue, and that's despite the pandemic's disruptive effects on Las Vegas tourism.
Image source: Getty Images.
Source Fool.com
