Larry Scheffler - Planet 13 Co-Chairman of the Board, Co-CEO

PLNHFDelisted Stock  USD 0.55  0.01  1.79%   

Chairman

Mr. Larry Scheffler is CoChairman of the Board, CoChief Executive Officer of the Company. Larry Scheffler was a resident of Nevada for 48 years. He founded Las Vegas Color Graphics, Inc. 40 years ago in 1978 and grew it into the largest privatelyowned commercial printing company in Nevada. Las Vegas Color has a staff of more than 200 people. He has also served as a councilman for the city of Henderson, Nevada from 1990 to 1995. Mr Scheffler has also served as a commissioner on 6 major commissions in Southern Nevada government. He has an extensive background in real estate. He has founded and is managing director of entities controlling over 1, 000 acres in 3 states that are under some form of development. since 2018.
Age 73
Tenure 6 years
Phone702 206 1313
Webhttps://www.planet13holdings.com

Planet 13 Management Efficiency

The company has return on total asset (ROA) of (0.036) % which means that it has lost $0.036 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0751) %, meaning that it generated substantial loss on money invested by shareholders. Planet 13's management efficiency ratios could be used to measure how well Planet 13 manages its routine affairs as well as how well it operates its assets and liabilities.
Planet 13 Holdings has accumulated 26.44 M in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Planet 13 Holdings has a current ratio of 7.04, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Planet 13 until it has trouble settling it off, either with new capital or with free cash flow. So, Planet 13's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Planet 13 Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Planet to invest in growth at high rates of return. When we think about Planet 13's use of debt, we should always consider it together with cash and equity.

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Planet 13 Holdings Inc., an integrated cannabis company, engages in the cultivation, production, distribution, and marketing of cannabis and cannabis-infused products for medical and retail cannabis markets in Nevada, the United States. Planet 13 Holdings Inc. is headquartered in Las Vegas, Nevada. Planet 13 operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 650 people. Planet 13 Holdings [PLNHF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Planet 13 Holdings Leadership Team

Elected by the shareholders, the Planet 13's board of directors comprises two types of representatives: Planet 13 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Planet. The board's role is to monitor Planet 13's management team and ensure that shareholders' interests are well served. Planet 13's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Planet 13's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Wren, VP Operations
William Vargas, Vice President - Finance
Michael Jennings, Pres Operations
Leighton Koehler, General Counsel
Dennis Logan, Chief Officer
Larry Scheffler, Co-Chairman of the Board, Co-CEO
David Farris, Director of Marketing
Robert Groesbeck, Co-Chairman of the Board, Co-CEO

Planet Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Planet 13 a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in rate.
Note that the Planet 13 Holdings information on this page should be used as a complementary analysis to other Planet 13's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Consideration for investing in Planet OTC Stock

If you are still planning to invest in Planet 13 Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Planet 13's history and understand the potential risks before investing.
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