Is Planet 13 Holdings a Buy?
After 2020, nearly everyone is feeling like they could use a vacation. And, for many people, that means traveling to Las Vegas for some fun. Luckily for investors, there's one stock in particular that's already cashing in on pent-up demand among Vegas vacationers -- and it has nothing to do with gambling.
Thanks to its luxury cannabis dispensaries in Las Vegas, Planet 13 Holdings' (OTC: PLNH.F) stock price has grown more than 283% in the past 12 months, and there's almost certainly more to come. The small company's stores aim to make buying marijuana an experience rather than a transaction, which is perfect for tourists looking for a thrill. But, given its struggle with turning a profit, can its ambitious expansion plans pay off?
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Source Fool.com
