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JustOffTopic
Nov 30, 2020 10:25 PM

GREEN will make you GREEN! Long

Description

PLNHF, better known as Planet 13 Holdings Inc., is the largest marijuana dispensary in Las Vegas, Nevada. Over the past 10 months, they have grossed $10 million in revenue, and continue to beat quarterly expectations. As of June, 2020, they started wholesaling their products, which was good for business, and the stock, as it went from $2 in the beginning of June, all the way up to where it is now, sitting at $5. I bought in at $4.74, and plan to hold over the next year, as I believe this will remain to steadily grow at the same rate that is has been over the past 6 months. Yes, they are voting on the federal legalization of marijuana this week, however, even if the bill does not pass, I do not believe it will have a negative effect on the stock. Lets make some green!

Comment

update: the More act passed in the house, now on to the senate!
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