Planet 13 Holdings Inc. (PLNH) reported Q2 2026 revenue of $22.9 million, down 14.9% from $26.9 million a year earlier. The company posted a net loss of $5.6 million, compared with a net loss of $13.3 million in Q2 2025.
Planet 13 said revenue was affected by its exit from California retail and wholesale operations and continued price compression in Nevada and Florida. The company also said it will not host a Q2 conference call due to its pending merger with Vireo Growth Inc.
- Gross profit was $12.3 million, or 53.9%, compared with $11.7 million, or 43.4%, a year earlier.
- Total expenses were $15.2 million, down 17.7% from $18.5 million.
- Adjusted EBITDA loss was $0.5 million, compared with an adjusted EBITDA loss of $2.4 million.
- Cash and restricted cash totaled $16.5 million, compared with $15.6 million at Dec. 31, 2025.
- Recent developments included Florida BHO extraction facility approval, an upcoming Sarasota store and the proposed merger with Vireo Growth Inc.
$PLNH Insider Trading Activity
$PLNH insiders have traded $PLNH stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $PLNH stock by insiders over the last 6 months:
- CHRIS WREN (VP of Operations) has made 0 purchases and 5 sales selling 122,500 shares for an estimated $19,538.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PLNH Hedge Fund Activity
We have seen 1 institutional investors add shares of $PLNH stock to their portfolio, and 1 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LEO H. EVART, INC. added 500 shares (+inf%) to their portfolio in Q1 2026, for an estimated $77
- MASSMUTUAL PRIVATE WEALTH & TRUST, FSB removed 20 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2
- RHUMBLINE ADVISERS added 0 shares (+0.0%) to their portfolio in Q2 2026, for an estimated $0
- FRONT ROW ADVISORS LLC added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
