Planet 13 Holdings Inc. 8K

Planet 13 Holdings Inc. announced Q2 2026 results with lower revenue but improved margins and a reduced net loss, alongside ongoing cost reductions, Florida expansion, and a pending merger with Vireo Growth Inc.

Planet 13 Holdings Inc. reported its financial results for the quarter ended June 30, 2026, showing revenue of $22.9 million (down 14.9% year over year) driven by its exit from California and continued price compression in Nevada and Florida, but with an improved gross margin of 53.9% due to cost-cutting measures and a $1.0 million reduction in inventory reserves, total expenses reduced to $15.2 million, and a narrowed net loss of $5.6 million alongside an Adjusted EBITDA loss of $0.5 million; the company highlighted recent operational developments in Florida and announced that, in light of its previously disclosed definitive merger agreement with Vireo Growth Inc., it will not host a Q2 2026 conference call.

Filing Facts

CIK

1813452

Ticker

-

Form

8K

Source Type

sec

Accession

0001437749-26-027327

Alert Tier

7