Planet 13 Holdings Inc
CNSX:PLTH
Gross Margin
Planet 13 Holdings Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
P
|
Planet 13 Holdings Inc
CNSX:PLTH
|
110.6m CAD |
48%
|
|
| US |
|
Eli Lilly and Co
NYSE:LLY
|
709B USD |
81%
|
|
| UK |
|
Dechra Pharmaceuticals PLC
LSE:DPH
|
440.4B GBP |
56%
|
|
| US |
|
Johnson & Johnson
NYSE:JNJ
|
370B USD |
69%
|
|
| DK |
|
Novo Nordisk A/S
CSE:NOVO B
|
1.9T DKK |
85%
|
|
| CH |
|
Roche Holding AG
SIX:ROG
|
200.7B CHF |
73%
|
|
| CH |
|
Novartis AG
SIX:NOVN
|
180.5B CHF |
75%
|
|
| UK |
|
AstraZeneca PLC
LSE:AZN
|
160B GBP |
82%
|
|
| US |
|
Merck & Co Inc
NYSE:MRK
|
199.6B USD |
81%
|
|
| IE |
E
|
Endo International PLC
LSE:0Y5F
|
162.4B USD |
68%
|
|
| FR |
|
Sanofi SA
PAR:SAN
|
114.6B EUR |
70%
|
Planet 13 Holdings Inc
Glance View
Planet 13 Holdings, Inc. engages in the manufacture and production of cannabis products. The company is headquartered in Las Vegas, Nevada and currently employs 575 full-time employees. The company went IPO on 2018-06-21. The firm owns and manufactures cannabis products under various brands, including HaHa (gummies and beverages), Dreamland (chocolates), Trendi (vapes and concentrates), Medizin (flower, vapes, concentrates), Leaf and Vine (vapes). Through its subsidiaries in Nevada, it holds six licenses for cultivation (three medical licenses and three recreational licenses), six licenses for production (three medical licenses and three recreational licenses), three dispensary licenses (one medical license and two recreational licenses) and two distribution licenses (one active and one conditional). The company operates two dispensaries in Nevada under two adult-use and one medical licenses. Its manufactured products and Trendi-branded third-party flower are distributed through Nevada under its Nevada distribution license. The firm sells over 123 different strains of cannabis.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Planet 13 Holdings Inc's most recent financial statements, the company has Gross Margin of 48.2%.
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