A planter capable of being hung from an elevated support includes an open-topped container for containing dirt or potting soil placed therein and a plurality of suspension elements, or cords, which are disposed about and are attached to or act upon the container for suspending the container from an elevated support. The suspension elements extend upwardly from the peripheral edge of the container top and are joined together at a common point disposed above the container for suspension of the planter from the elevated support. In addition, a spacer member is arranged and spaced above the top of the container and cooperates with the suspension elements for preventing the suspension cords from converging toward one another for a distance above the container which corresponds with the spaced distance between the container top and the spacer member.