$PLNHF, better known as Planet 13 Holdings Inc., is the largest marijuana dispensary in Las Vegas, Nevada. Over the past 10 months, they have grossed $10 million in revenue, and continue to beat quarterly expectations. As of June, 2020, they started wholesaling their products, which was good for business, and the stock, as it went from $2 in the beginning of June, all the way up to where it is now, sitting at $5. I bought in at $4.74, and plan to hold over the next year, as I believe this will remain to steadily grow at the same rate that is has been over the past 6 months. Yes, they are voting on the federal legalization of marijuana this week, however, even if the bill does not pass, I do not believe it will have a negative effect on the stock. Lets make some green!
코멘트:
update: the More act passed in the house, now on to the senate!