Las Vegas-based cannabis giant, Planet 13 Holdings Inc. (CSE: PLTH) (OTC: PLNH), revealed its financial performance for the fourth quarter of 2023 on Wednesday afternoon. Despite a net loss of $14.3 million, which included a $7.2 million non-cash impairment loss, the company reported a commendable revenue of $23.0 million and adjusted EBITDA of $1.3 million. Larry Scheffler, co-CEO of Planet 13 attributed the strong performance to the expansion of gross margins and effective cost management strategies. Notably, the company accounted for approximately 9% of Nevada’s retail market share, undersc…
