secwatch.observer — SEC 8-K summary
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Issuer:     Planet 13 Holdings Inc. (PLNH)
CIK:        0001813452
Form:       8-K
Filed at:   2026-08-12T20:25:07+00:00
Accession:  0001437749-26-027327
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Planet 13 Q2 revenue $22.9M, net loss $5.6M improves from $13.3M loss
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- Revenue $22.9M, down 14.9% YoY from $26.9M on California exit and price compression.
- Net loss $5.6M vs $13.3M loss in Q2 2025; Adjusted EBITDA loss $0.5M vs $2.4M loss.
- Gross margin 53.9% vs 43.4% YoY, aided by cost cuts and $1.0M inventory reserve release.
- Florida revenue up 17.1% sequentially; BHO extraction facility approved May 9, 2026.
- Merger with Vireo Growth pending; no Q2 conference call due to deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1813452/000143774926027327/0001437749-26-027327-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1813452/000143774926027327/plnh20260522_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-027327

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer