An update from Planet 13 Holdings ( (TSE:PLTH) ) is now available.
Planet 13 Holdings announced the grant of 13,776,345 Restricted Stock Units (RSUs) to its officers, directors, and employees, as part of its 2023 Equity Compensation Plan. This move is expected to bolster employee engagement and align the interests of the company’s leadership with its long-term growth strategy, potentially enhancing its market position and stakeholder value.
More about Planet 13 Holdings
Planet 13 is a vertically integrated cannabis company known for its award-winning cultivation, production, and dispensary operations across California, Nevada, Illinois, and Florida. It operates the nation’s largest dispensary in Las Vegas and has recently expanded with a consumption lounge and a new dispensary in Illinois. With 35 locations nationwide, Planet 13 aims to build a global brand recognized for its world-class dispensary operations and innovative cannabis products.
YTD Price Performance: -36.32%
Average Trading Volume: 498,097
Technical Sentiment Signal: Buy
Current Market Cap: $79.1M
For detailed information about PLTH stock, go to TipRanks’ Stock Analysis page.