Planet 13 Posts Record April Cannabis Sales Of $10M : vimars

Planet 13 Posts Record April Cannabis Sales Of $10M


Planet 13 Posts Record April Cannabis Sales Of $10M
Nevada-based cannabis company
Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNHF) generated record sales in April of $10.7 million — almost as much as last year’s total second-quarter revenue of $10.8 million.
The skyrocketing sales can be attributed to high tourist activity, consistent development of the Medizin dispensary and positive wholesale results, the company said Wednesday. 
In addition, Planet 13 recently revealed new single-day record sales for this year’s 420 celebration: $543,000 in sales in one day. For the month, the company said its gross margins were over 50%.
“Cannabis sales are surging during this post-pandemic revival with tourists coming back in big numbers and with Planet 13 being a top destination on visitors’ must-see list when in Vegas,” Planet 13 Co-CEO Larry Scheffler told Benzinga.

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