Planet 13: The Cannabis Superstore Is A Strong Buy

Business marijuana cannabis leaves with stock graph charts on the stock market exchange

Planet 13 (OTCQX:PLNHF) is a US cannabis operator which is best known for its Superstore concept. Whereas the typical cannabis dispensary is more “to the point,” the Superstore concept aims to make purchasing cannabis a wonderful experience. PLNHF has generated strong profitability due to the higher margins sustained at the Superstore, and that appears to have earned it some premium as compared to peers. The stock nonetheless appears cheap in its own right and I expect shareholders to earn strong returns over the long term.

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