Cannabis multi-state operator Planet 13 Holdings Inc. (CSE:PLTH) (OTCQX:PLNH) announced its unaudited preliminary financial results on Tuesday for the three-month and full year ended Dec. 31, 2023. Larry Scheffler, co-CEO of the Las Vegas-based company, called the fourth quarter “a solid” one, despite industry headwindsthat are “challenging macroeconomic backdrop and the continued cannabis price compression.” Q4 2023 Financial HighlightsTotal revenue dropped 7.5% year-over-year to $23 million.Gross profit increased 2.8% year-over-year to $11 million.The gross margin was 47.8% compared to 43% i…
