Cannabis retailer Planet 13 Holdings Inc. (OTCQX: PLNHF) reported Monday it has generated $23.8 million in the first three months of 2021.
Moreover, March revenue amounted to $9.7 million, representing its single-month record.
Larry Scheffler, the company’s co-CEO, believes that revenue will continue to increase “as more people get vaccinated.”
“Based on our performance in March 2021, it is clear that Las Vegas is back,” Scheffler said Tuesday.
The company also posted its fourth-quarter and full-year financial results, revealing a year-over-year increase in revenue in both 2020 and the fourth quarter, of 10.8% and 21.8%, respectively.