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Delta 9 Cannabis Inc. T.DN

Alternate Symbol(s):  DLTNF

Delta 9 Cannabis Inc. is a Canada-based vertically integrated cannabis company. The Company operates through three segments: Wholesale Cannabis, Retail Cannabis and Merchandise and Devices, and Business to Business. The Company sells cannabis products through its wholesale and retail sales channels and sells its cannabis growing pods to other businesses. Its cannabis products include dried cannabis and pre-rolled joints. Its edibles and vapes include vape pens and concentrates, edibles, and drinkables. The Company, through its wholly owned subsidiary, Delta 9 Bio-Tech Inc., is a licensed producer of medical and recreational cannabis products and operates a 95,000-square-foot Health Canada licensed production facility in Winnipeg, Manitoba, Canada. It also owns and operates a chain of retail stores under the Delta 9 Cannabis Store brand. It is focused on producing and selling cannabis oils, extracts, and derivative products.


TSX:DN - Post by User

Comment by Debentureson Nov 03, 2020 7:30pm
110 Views
Post# 31834156

RE:Seriously

RE:Seriously

Canadaforoil wrote: Comparing Delta 9 to Apple and Lululemon, international companies is hilarious.  And this is about understanding the financial markets, not the MJ industry.  This company will be less than $1 for the next year, at a minimum.  And to state that the two Arbuthnots have a lot of skin in the game.  Sure, ask them what their average cost is on the shares?  How many were given to them or purchased at less than $.05.  Not a lot of skin in the game for the boys.  


I trust my capital markets knowledge vs. yours when you could barely figure out that John & his father sold less than 8% of their holdings in 3 years since going public. If you went through the annual filing document posted in October 2017 you would know that the company went public at 65 cents. John, Bill and Joanne were the primary owners as this started off as a cap-stone project. The shares definitely were granted, but at 60 cents more. 

32 million x 0.60 = 19.2 million face value. I don't think anyone is saying they put this amount in the company from the start. They have yet to sell a significant % of earnings. As for the LuLu-Apple duh I don't think anyone cares about sqr ftg numbers. 

Improve your argument against a person with far superior capital markets experience. Or you can just continue to use Canada Insiders vs. SEDI.. noob

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