Only These 9 Cannabis Stocks Rose in July

Finally, niche dispensary operator Planet 13 Holdings (NASDAQOTH:PLNHF), which runs the largest cannabis store in the U.S. in Las Vegas, rose ever so slightly. The only major news event for Planet 13 in July was the release of its June store traffic, which actually showed a modest decline in average customers per day and ticket, which the company blamed on intermittent credit card machine issues that are now fixed. The reason Planet 13 likely rose is its upfront transparency, unique business model that focuses on the customer experience, and valuation of less than three times next year's sales.