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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 DeltaJeffon Dec 01, 2020 1:04pm
101 Views
Post# 32010328

RE:RE:RE:RE:RE:Ranked 1

RE:RE:RE:RE:RE:Ranked 1D9 won't be receiving $4,000,000.xx. That amount is the gross amount. Leede will charge a fee for this transaction (maybe 5%? IDK) so net to D9 is less, a 'net' amount. Additionally Leede will be able to place shares, bought at $0.55, into client/fund accounts, for some sort of a commission or fee. While the settlement of this transaction's paperwork will take some processing time, the broker/clients/funds will benefit as the shares are now at $0.58 with little downward pressure. This will mean, IMHO, longer to get a higher SP and, possibly some volatility. One previous chatter mentioned $1 by year end, I don't think so. 

Your thoughts are welcome...
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