Planet 13 Stock in 2022: Skyrocket or Crash?
With more and more states legalizing medicinal and adult-use cannabis, it may seem as if investing in this space would be a no-brainer. While some may feel that way, in reality there are still legal and regulatory challenges that have held back what otherwise would likely be a booming industry. Planet 13 Holdings (OTC: PLNH.F) has a unique strategy that just might give it a leg up in the cannabis space. So what will happen to Planet 13's stock in 2022? Will it skyrocket to the moon or crash back to Earth?
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Planet 13 is a vertically integrated cannabis company, meaning it does everything from growing cannabis to testing, distributing, and selling. It mainly operates in Nevada and California but is already expanding beyond those two states. What sets the business apart is its unique retail experience. In both Las Vegas and Orange County, California, Planet 13 operates "Superstores," massive retail locations where customers can shop for a variety of owned-brand and other top-selling cannabis products. The Las Vegas location is the world's largest cannabis store and is located just off the Vegas Strip.
Source Fool.com
