Why Planet 13's Upcoming Earnings Report Could Make or Break the Stock
Cannabis producer Planet 13 (OTC: PLNH.F) has been one of the sector's hottest buys over the past 12 months, rising more than 110% in value while the Horizons Marijuana Life Sciences ETF increased by just 37%. Planet 13 has done an excellent job growing its Las Vegas SuperStore, making it not only a solid source of revenue growth for the company but a popular tourist attraction on the Las Vegas Strip as well.
However, the stock isn't without its risks, and Planet 13's upcoming earnings report (which could come toward the end of this month) may answer some big questions. Investors will want to pay close attention, because there's a lot on the line this quarter that may determine how much of a premium the stock will command moving forward.
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Source Fool.com
