Planet 13 Holdings is trading 5.38% up at $0.14 after reporting second-quarter revenue of $22.9 million and sharply improved margins on August 12, 2026.
- Gross margin rose to 53.9%, while the adjusted EBITDA loss narrowed to $0.5 million.
- The California exit, cost reductions, stronger Florida sales, and pending Vireo Growth merger support the positive reaction; revenue declined 14.9% year over year, with no forward guidance provided.