Is It Too Late to Buy Planet 13 Holdings Stock?
Planet 13 (CNSX: PLTH)(OTC: PLNH.F) stock has performed well over the past year, with a gain of 282%. The marijuana company -- which has only two operating dispensaries -- managed to bring in $23.8 million in revenue in the first quarter of 2021, a 41.8% year-over-year increase.
That's arguably one of the best in the industry in terms of sales per dispensary. But much of these good results appear already priced into the stock, as its market cap has reached well over $1 billion. Can the company keep up its momentum and continue to deliver wealth to shareholders?
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Source Fool.com
