Planet 13 Holdings Inc. 8-K

What Happened Planet 13 Holdings Inc. announced in an 8-K filed March 6, 2026 that it terminated the employment of Lee Fraser, the Company’s Chief Administrative Officer. Fraser had been placed on administrative leave on January 5, 2026, and his termination is effective upon delivery of the notice of termination.

Key Details

• Company: Planet 13 Holdings Inc.; Filing date: March 6, 2026 (Form 8-K, Item 5.02).
• Officer: Lee Fraser, Chief Administrative Officer.
• Timeline: Placed on administrative leave January 5, 2026; termination effective upon delivery of notice on March 6, 2026.
• The filing does not disclose a reason for the termination, any severance arrangements, or a named replacement.

Why It Matters An executive departure is a material change in management that investors watch because it can affect operations, internal controls, and strategic execution. The 8-K confirms the change but provides no details on cause, successor, or compensation, so investors should monitor Planet 13’s future disclosures for information about replacement, transitional plans, or any impact on governance.