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Planet 13 Holdings Inc. — fact timeline

Source-grounded facts extracted from Planet 13 Holdings Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PLNH Planet 13 Holdings Inc. JSON
Shareholder Votes

Planet 13 Holdings Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm Davidson & Company LLP for the fiscal year ending December 31, 2026 at the 2026-06-10 meeting.

“Our shareholders ratified the appointment of Davidson & Company LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes

Planet 13 Holdings Inc. shareholders approved Amendment to Planet 13 Holdings Inc.'s 2023 Equity Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder from 32,000,000 to 52,000,000 at the 2026-06-10 meeting.

“Our shareholders approved the amendment to Planet 13 Holdings Inc.’s 2023 Equity Incentive Plan to increase the number of shares of common stock authorized for issuance thereunder from 32,000,000 to 52,000,000.”
Shareholder Votes

Planet 13 Holdings Inc. shareholders approved Election of Directors at the 2026-06-10 meeting.

“Our shareholder elected the following directors to serve until the close of business of the next annual meeting of the Company’s shareholders or until such director’s successor has been duly elected and qualified.”

Lee Fraser resigned as Chief Administrative Officer at Planet 13 Holdings Inc..

“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").”
Earnings Releases

Planet 13 Holdings Inc. reported first quarter ended March 31, 2026 results: revenue $21.1 million, net income $8.1 million.

“Planet 13 Announces Q1 2026 Financial Results ● Q1 2026 Revenue of $21.1 million ● Q1 2026 Net loss of $8.1 million”

Leilani Bradford was appointed as Director at Planet 13 Holdings Inc..

“the Company’s Board of Directors (the “ Board ”) unanimously appointed Nancy Saitta and Leilani Bradford to serve as directors of the Company, to fill two newly created seats on the Board.”

Nancy Saitta was appointed as Director at Planet 13 Holdings Inc..

“the Company’s Board of Directors (the “ Board ”) unanimously appointed Nancy Saitta and Leilani Bradford to serve as directors of the Company, to fill two newly created seats on the Board.”
Earnings Releases

Planet 13 Holdings Inc. reported the full year ended December 31, 2025 results: revenue $103.4 million, net income Net loss of $63.9 million.

“Revenues were $103.4 million as compared to $116.4 million”
Earnings Releases

Planet 13 Holdings Inc. reported the three-month and twelve-month periods ended December 31, 2025 results: revenue $25.2 million, net income Net loss of $4.6 million.

“Planet 13 Announces Q4 2025 Financial Results ● Q4 2025 Revenue of $25.2 million ● Q4 2025 Net loss of $4.6 million”

Steve McLean was appointed as Interim Chief Financial Officer at Planet 13 Holdings Inc..

“appointed Steve McLean, the Company's Vice President of Finance, to serve as its Interim Chief Financial Officer”

Dennis Logan resigned as Chief Financial Officer at Planet 13 Holdings Inc..

“resignation of Dennis Logan, the Chief Financial Officer of the Company, effective May 31, 2025”
M&A Transactions

Planet 13 Holdings Inc. completed an acquisition involving VidaCann, LLC (closed 2024-05-10).

“reporting the completion of its acquisition of all of the membership interests in VidaCann, LLC”

David Loop was appointed as Director at Planet 13 Holdings Inc..

“the Board appointed David Loop, age 65, to the Board and to the Audit Committee of the Board.”

Lee Fraser resigned as Director at Planet 13 Holdings Inc..

“On June 12, 2024, Lee Fraser resigned from the board of directors (the “Board”) and Audit Committee of the Board of Planet 13 Holdings Inc.”
M&A Transactions

Planet 13 Holdings Inc. completed an acquisition involving VidaCann, LLC for approximately US$63.4 million (closed 2024-05-10).

“Canadian Securities Exchange (based on the Bank of Canada CAD to USD exchange rate on May 9, 2024 of CAD$1.00=US$0.7304), the total consideration is valued at approximately US$63.4 million. The Seller Notes accrue interest at 5% per annum and the principal amount and all accrued and unpaid interest are due on April 1, 2025. In the event of default, the Sellers may”
Debt Financings

Planet 13 Holdings Inc. incurred loan of US$5 million in aggregate principal amount of promissory notes.

“US$5 million in aggregate principal amount of promissory notes, subject to adjustments under the definitive agreement.”

David Loop was appointed as Director at Planet 13 Holdings Inc..

“the Board approved Mr. Loop’s appointment to the Board to be effective the next business day following the 2024 annual meeting of stockholders”
Earnings Releases

Planet 13 Holdings Inc. reported the three-month period ended March 31, 2024 results: revenue $22.9 million, net income $5.9 million.

“Planet 13 Announces Q1 2024 Financial Results ● Q1 2024 Revenue of $22.9 million ● Q1 2024 Net loss of $5.9 million”
M&A Transactions

Planet 13 Holdings Inc. completed a disposition involving SGW FL Enterprises, LLC for US$9,000,000 (closed 2024-05-06).

“On May 6, 2024, Planet 13 Holdings Inc. (the “Company”) completed its previously announced sale of the issued and outstanding shares of common stock (the “Florida Shares”) of its subsidiary, Planet 13 Florida Inc. (the “Florida Sale”) pursuant to the terms and conditions in the Stock Purchase Agreement dated January 22, 2024 (the “Florida Purchase Agreement”) with SGW FL Enterprises, LLC (the “Buyer”). Pursuant to the Florida Purchase Agreement, the Company sold the Florida Shares to the Buyer at the closing of the Florida Sale for a cash payment of US$9,000,000.”
Material Agreements

Planet 13 Holdings Inc. amended First Amendment to the Purchase Agreement with VidaCann, LLC; Loop’s Dispensaries, LLC; Ray of Hope 4 Florida, LLC; Loops Nursery & Greenhouses, Inc.; David Loop; Mark Ascik (effective 2024-04-26).

“On April 26, 2024, the parties entered into a First Amendment to the Purchase Agreement (the “First Amendment”) to extend the End Date to May 31, 2024.”
Earnings Releases

Planet 13 Holdings Inc. reported Full Year 2023 results: revenue $98.5 million, net income Net loss of $73.6 million.

“Revenues were $98.5 million as compared to $104.6 million, a decrease of 5.8%.”
Earnings Releases

Planet 13 Holdings Inc. reported Q4 2023 results: revenue $23.0 million, net income Net loss of $14.3 million.

“Planet 13 Announces Q4 2023 Financial Results ● Q4 2023 Revenue of $23.0 million ● Q4 2023 Net loss of $14.3 million, which included a non-cash impairment loss of $7.2 million ● Q4 2023 Adjusted EBITDA of $1.3 million”
Material Agreements

Planet 13 Holdings Inc. entered into Warrant Agreement with Odyssey Transfer US Inc. valued at Warrant agreement governing terms of warrants sold in the offering (effective 2024-03-07).

“On March 7, 2024, the Company entered into a warrant agency agreement with the Company’s transfer agent, Odyssey Transfer US Inc. (“Odyssey”), which will also act as the warrant agent for the Company, setting forth the terms and conditions of the Warrants sold in the Offering (the “Warrant Agreement”).”
Material Agreements

Planet 13 Holdings Inc. entered into Underwriting Agreement with unknown valued at Underwriting Agreement for the offering of shares and warrants (effective 2024-03-07).

“A copy of the Underwriting Agreement is filed as Exhibit 1.1 hereto and is incorporated into this Item 1.01 by reference.”
Earnings Releases

Planet 13 Holdings Inc. reported the full year ended December 31, 2023 results: revenue $ 98.5, net income $ (73.6 ).

“Preliminary Unaudited Financial Highlights - Q4 2023 (Figures in millions For the Three Months Ended For the Full Year Ended and % change based December 31, December 31, December 31, December 31, on these figures) 2023 2022 change 2023 2022 change Total Revenue $ 23.0 $ 24.8 -7.5 % $ 98.5 $ 104.6 -5.8 % Gross Profit $ 11.0 $ 10.7 2.8 % $ 44.8 $ 48.0 -6.6 % Gross Profit % 47.8 % 43.0 % 11.2 % 46 % 46 % -0.8 % Operating Expenses $ 18.1 $ 45.9 -60.5 % $ 94.8 $ 80.9 17.1 % Operating Expenses % 79 % 185 % 96 % 77 % 24.3 % Net Loss Before Provision for Income Taxes $ (10.3 ) $ (37.7 ) nmf $ (62.1 ) $ (50.8 ) 22.2 % Net Loss $ (14.3 ) $ (38.6 ) nmf $ (73.6 ) $ (59.5 ) 23.6 % Adjusted EBITDA $ 1.3 $ (0.6 ) nmf $ 1.9 $ (7.5 ) nmf Adjusted EBITDA Margin % 5.6 % -3.2 % 1.9 % (7.2 )%”
Earnings Releases

Planet 13 Holdings Inc. reported the fourth quarter ended December 31, 2023 results: revenue $ 23.0, net income $ (14.3 ).

“Preliminary Unaudited Financial Highlights - Q4 2023 (Figures in millions For the Three Months Ended For the Full Year Ended and % change based December 31, December 31, December 31, December 31, on these figures) 2023 2022 change 2023 2022 change Total Revenue $ 23.0 $ 24.8 -7.5 % $ 98.5 $ 104.6 -5.8 % Gross Profit $ 11.0 $ 10.7 2.8 % $ 44.8 $ 48.0 -6.6 % Gross Profit % 47.8 % 43.0 % 11.2 % 46 % 46 % -0.8 % Operating Expenses $ 18.1 $ 45.9 -60.5 % $ 94.8 $ 80.9 17.1 % Operating Expenses % 79 % 185 % 96 % 77 % 24.3 % Net Loss Before Provision for Income Taxes $ (10.3 ) $ (37.7 ) nmf $ (62.1 ) $ (50.8 ) 22.2 % Net Loss $ (14.3 ) $ (38.6 ) nmf $ (73.6 ) $ (59.5 ) 23.6 % Adjusted EBITDA $ 1.3 $ (0.6 ) nmf $ 1.9 $ (7.5 ) nmf Adjusted EBITDA Margin % 5.6 % -3.2 % 1.9 % (7.2 )%”

Kevin Martin was appointed as Director, Audit Committee Chair at Planet 13 Holdings Inc..

“Effective February 7, 2024, the Board appointed Kevin Martin, age 50, to the Board and to the Audit Committee, Corporate Governance and Nominating Committee, and Compensation Committee of the Board.”

Lee Fraser changed role as Chief Administrative Officer at Planet 13 Holdings Inc..

“Lee Fraser, age 45, who had been serving on the board of directors (the “Board”) and as the Chair of the Audit Committee of Planet 13 Holdings Inc. (the “Company” or “Planet 13”), transitioned to the position of Chief Administrative Officer.”
Material Agreements

Planet 13 Holdings Inc. entered into Stock Purchase Agreement with SGW FL Enterprises, LLC valued at US$9,000,000 (effective 2024-01-22).

“On January 22, 2024, Planet 13 Holdings Inc. (the “ Company ”) entered into a Stock Purchase Agreement (the “ Purchase Agreement ”) with SGW FL Enterprises, LLC (the “ Buyer ”), pursuant to which, upon the terms and subject to the conditions set forth therein, the Company will sell all of the issued and outstanding shares of common stock (the “ Shares ”) of Planet 13 Florida Inc. (the “ Transaction ”), which owns a medical marijuana treatment center license issued by the Florida Department of Health (the “ MMTC License ”).”
Earnings Releases

Planet 13 Holdings Inc. reported Q3 2023 results: revenue $24.8 million, net income $46.0 million.

“Q3 2023 Revenue of $24.8 million ● Q3 2023 Net loss of $46.0 million”
Governance Changes

Planet 13 Holdings Inc.: Adopted new bylaws in connection with domestication from British Columbia to Nevada.

“the Company adopted bylaws, which became effective on the Effective Date, a copy of which is attached hereto as Exhibit 3.3 (the "Bylaws").”

Dennis Logan was appointed as Treasurer at Planet 13 Holdings Inc..

“on the Effective Date after completion of the Domestication, the Company appointed each of the Company’s Co-Chief Executive Officers, Robert Groesbeck and Larry Scheffler, to the additional position of Co-President of the Company and the Company’s Chief Financial Officer, Dennis Logan, to the additional position of Treasurer of the Company.”

Larry Scheffler was appointed as Co-President at Planet 13 Holdings Inc..

“on the Effective Date after completion of the Domestication, the Company appointed each of the Company’s Co-Chief Executive Officers, Robert Groesbeck and Larry Scheffler, to the additional position of Co-President of the Company and the Company’s Chief Financial Officer, Dennis Logan, to the additional position of Treasurer of the Company.”

Robert Groesbeck was appointed as Co-President at Planet 13 Holdings Inc..

“on the Effective Date after completion of the Domestication, the Company appointed each of the Company’s Co-Chief Executive Officers, Robert Groesbeck and Larry Scheffler, to the additional position of Co-President of the Company and the Company’s Chief Financial Officer, Dennis Logan, to the additional position of Treasurer of the Company.”
Material Agreements

Planet 13 Holdings Inc. entered into Membership Interest Purchase Agreement with VidaCann, LLC, Loop's Dispensaries, LLC, Ray of Hope 4 Florida, LLC, Loops Nursery & Greenhouses, Inc., David Loop, Mark Ascik (effective 2023-08-28).

“On August 28, 2023, Planet 13 Holdings Inc. (the “Company”) entered into a Membership Interest Purchase Agreement (“Purchase Agreement”) with VidaCann, LLC (“VidaCann”), Loop’s Dispensaries, LLC (“Dispensaries”), Ray of Hope 4 Florida, LLC (“Ray of Hope”) and Loops Nursery & Greenhouses, Inc. (“Nursery” and together with Dispensaries and Ray of Hope, the “Sellers”), David Loop (“Loop”) and Mark Ascik (together with Loop, the “Indemnifying Members”) and Loop, solely in his capacity as Seller Representative”
Earnings Releases

Planet 13 Holdings Inc. reported Q2 2023 results: revenue $25.8 million, net income Net loss of $4.3 million.

“Planet 13 Announces Q2 2023 Financial Results ● Q2 2023 Revenue of $25.8 million, compared to $24.9 million in Q1 2023 ● Q2 2023 Net loss of $4.3 million ● Q2 2023 Adjusted EBITDA of $3.0 million”
Shareholder Votes

Planet 13 Holdings Inc. shareholders approved To consider and, if thought advisable, to pass an ordinary resolution to approve and adopt the Planet 13 Holdings Inc. 2023 Equity Incentive Plan (the "2023 Equity Incentive Plan") as more particularly described in the Proxy Statement. at the 2023-07-27 meeting.

“For Against Abstain Broker Non-Votes 85,718,900 1,317,064 316,600 55,718,468”
Shareholder Votes

Planet 13 Holdings Inc. shareholders approved To consider and, if thought advisable, to pass a special resolution, to approve a plan of arrangement under Section 288 of the Business Corporations Act (British Columbia) involving, among other things, the continuance of the Company from British Columbia to the State of Nevada, as more particularly at the 2023-07-27 meeting.

“For Against Abstain Broker Non-Votes 86,692,538 429,960 230,066 55,718,468”
Shareholder Votes

Planet 13 Holdings Inc. shareholders approved To reappoint Davidson & Company LLP as auditors of the Company for the ensuing year and authorize the directors to fix the remuneration to be paid to the auditors. at the 2023-07-27 meeting.

“To reappoint Davidson & Company LLP as auditors of the Company for the ensuing year and authorize the directors to fix the remuneration to be paid to the auditors. For Withheld 140,354,920 2,716,112”
Shareholder Votes

Planet 13 Holdings Inc. shareholders approved To elect four directors for the ensuing year to hold office until the close of business of the next annual meeting of Shareholders or until their successors are elected or appointed. at the 2023-07-27 meeting.

“Nominee For Withheld Broker Non-Votes Robert Groesbeck 86,234,592 1,117,972 55,718,468 Larry Scheffler 86,199,486 1,153,078 55,718,468 Lee Fraser 86,702,550 650,014 55,718,468 Adrienne O'Neal 86,589,663 762,901 55,718,468”
Earnings Releases

Planet 13 Holdings Inc. reported the first quarter ended March 31, 2023 results: revenue $24.9 million, net income $6.3 million.

“Company did not incur an Adjusted EBITDA loss in Q1 2023. The complete news release, as corrected, is below: Planet 13 Announces Q1 2023 Financial Results ● Q1 2023 Revenue of $24.9 million, compared to $24.8 million in Q4 2022 ● Q1 2023 Net loss of $6.3 million ● Q1 2023 Adjusted EBITDA of $0.68 million All figures are reported in United States dollars ($) unless”
Earnings Releases

Planet 13 Holdings Inc. reported the first quarter ended March 31, 2023 results: revenue $24.9 million, net income $6.3 million.

“99.1. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex_501708.htm EXHIBIT 99.1 ex_501708.htm Exhibit 99.1 Planet 13 Announces Q1 2023 Financial Results ● Q1 2023 Revenue of $24.9 million, compared to $24.8 million in Q4 2022 ● Q1 2023 Net loss of $6.3 million ● Q1 2023 Adjusted EBITDA loss of $0.68 million All figures are reported in United States dollars ($)”

Lee Fraser was appointed as Director at Planet 13 Holdings Inc..

“On May 10, 2023, the board of directors (the “Board”) of Planet 13 Holdings Inc. (the “Company”) appointed Lee Fraser to the Board, effective immediately.”
Earnings Releases

Planet 13 Holdings Inc. reported year ended December 31, 2022 results: revenue $104.6 million, net income $49.0 million.

“Full year 2022 Revenue of $104.6 million, compared to $119.5 million for full year 2021 ● Full year 2022 Operating Cash flow of $3.8 million”
Earnings Releases

Planet 13 Holdings Inc. reported fourth quarter ended December 31, 2022 results: revenue $24.8 million, net income $38.6 million.

“Q4 2022 Revenue of $24.8 million, compared to $25.6 million in Q3 2022 ● Q4 2022 Net loss of $38.6 million driven by $32.8 million impairment charge”
Earnings Releases

Planet 13 Holdings Inc. reported third quarter ended September 30, 2022 results: revenue $25.6 million, net income $6.3 million.

“99.1. --- EX-99.1 (PRESS RELEASE) --- EX-99.1 2 plth_ex991.htm PRESS RELEASE plth_ex991.htm EXHIBIT 99.1 Planet 13 Announces Q3 2022 Financial Results · Q3 2022 revenue of $25.6 million · Q3 2022 net loss of $6.3 million · Q3 2022 Adjusted EBITDA 1 of $0.4 million All results are reported in United States dollars ($) unless otherwise indicated. Las Vegas, Nevada”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.