Larry Scheffler | Source | CEO at Planet 13

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Larry Scheffler

CEO at Planet 13
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Larry Scheffler has been 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 privately-owned 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.

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  • Planet 13 Announces Q3 2022 Financial Results

    - Q3 2022 revenue of $25.6 million - Q3 2022 net loss of $6.3 million - Q3 2022 Adjusted EBITDA[1] of $0.4 million All results are reported in United States dollars ($) unless otherwise indicated. LAS VEGAS, NV / ACCESSWIRE / November 10, 2022 / Planet 13 Holdings Inc. (CSE:PLTH)(OTCQX:PLNHF) ("Planet 13" or the "Company"), a leading vertically-integrated cannabis company, today announced its financial results for the three-month and

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  • High inflation and interest rates have impacted all areas of the economy, driving down consumer spending, including here in Las Vegas. We have been able to maintain 9% retail market share, despite this economic downturn and an 18% increase in Nevada dispensaries year over year. We anticipated this downturn and undertook proactive steps last quarter as well as exercised financial discipline to maintain positive operating cash flow and protect our cash position. From a competitive standpoint, we continue to perform well, maintaining retail market share in our historical 8-10% range in addition to holding or gaining share for each of our brands in Nevada, according to research firm Headset. In California we are seeing growth from our Orange County location as it continues to win more customers and convert locals into regular and loyal shoppers.

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