Lee Fraser
On April 27, 2026, Planet 13 Holdings Inc. (the "Company") entered into a separation agreement with the Company’s former Chief Administrative Officer, Lee Fraser (the "Separation Agreement").
Highest-materiality recent filing
Planet 13 enters separation agreement with former CAO Lee Fraser; $275K cash, RSU vesting
Cash severance of $275,000 payable in 11 monthly installments of $25,000 each, starting after effective date.
Planet 13 Q1 revenue drops 24.8% to $21.1M; net loss widens to $8.1M
Revenue $21.1M vs $28.0M YoY, driven by California exit and price compression in Nevada and Florida.
Planet 13 appoints Nancy Saitta and Leilani Bradford to Board as new independent directors
Nancy Saitta and Leilani Bradford appointed to fill two newly created Board seats, effective April 24, 2026.
Planet 13 Q4 revenue $25.2M, net loss $4.6M; full-year loss widens to $63.9M
Q4 revenue $25.2M, down 16.7% YoY; full-year revenue $103.4M, down 11.2%.
Planet 13 terminates CAO Lee Fraser effective March 6, 2026
Lee Fraser, Chief Administrative Officer, terminated effective March 6, 2026.
Planet 13 places CAO Lee Fraser on administrative leave
Chief Administrative Officer Lee Fraser placed on administrative leave effective Jan 5, 2026.
Planet 13 grants 9.5M RSUs to officers, directors, and employees under 2023 Equity Plan
9,500,000 RSUs awarded to officers, directors, and employees under the 2023 Equity Compensation Plan.
Planet 13 reports Q3 2025 revenue of $23.3M and net loss of $44.0M
Q3 2025 revenue fell 27.6% to $23.3M from $32.2M in Q3 2024, driven by price compression in Nevada and competition in Florida.
Planet 13 Q2 revenue falls 13.6% to $26.9M; net loss widens to $13.3M
Revenue $26.9M, down 13.6% YoY; gross profit margin fell to 43.4% from 50.9%.
Planet 13 shareholders elect directors, approve share increase to 32M, ratify auditors
All five director nominees elected: Groesbeck 73.4%, Scheffler 93.7%, O'Neal 94.1%, Martin 89.7%, Loop 95.7%.
Planet 13 CFO Dennis Logan resigns effective May 31; Steve McLean named interim CFO
Dennis Logan resigns as CFO effective May 31, 2025, leaving to pursue other opportunities.
On April 27, 2026, Planet 13 Holdings Inc. (the "Company") entered into a separation agreement with the Company’s former Chief Administrative Officer, Lee Fraser (the "Separation Agreement").
appointed Steve McLean, the Company's Vice President of Finance, to serve as its Interim Chief Financial Officer
resignation of Dennis Logan, the Chief Financial Officer of the Company, effective May 31, 2025
Max materiality 0.95 · Median 0.55 · Most common event leadership