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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 DownGoesDeltaon Dec 09, 2020 12:06pm
87 Views
Post# 32067901

RE:RE:RE:RE:RE:Down Goes Delta - Shorting

RE:RE:RE:RE:RE:Down Goes Delta - Shorting

The company burns 3 million a quarter 


golfyeti wrote:

DownGoesDelta wrote:
DownGoesDelta wrote:
golfyeti wrote:

Welcome DOWNGOESDELTA !!  Welcome, welcome welcome !!  Bring all your friends too !!!

I have been waiting for you for so long.  Please DO NOT run away like all the other bash and bolt dolts who know nothing but the ol' 'bash and buy', BASH BASH BASH BUY BUY BUY !!!

Whoooohoooooo!!  we will be cooking with gas after that "protest too much me thinks" diatribe.

Wow, even accusing the company of blatant fraud on your very first post. "Delta 9 is manipulating net income figure by drawing cash off the credit facility."

That was a loooong post, dude.  LOL   

 


 

 

Delta 9 is manipulating net income. This is normal accounting practice. 

https://www.wallstreetoasis.com/blog/investment-banking-interview-topic-net-income-vs-cash-flow-part-one

 


 

 

Money from credit facility increases, Net income goes up. Cash is going down.

DownGoesDelta

 


 

 

Oh geez dude.  Stick to more nebulous areas to cast doubt on.  Accounting rules do not offer any "fudging" like you suggest with the word "manipulating".  

You also confuse the use of many accounting terms.   But save it for the Judge.  Your intent was to suggest something nefarious. 

You will need to "Up" your game qute a bit here, dude...or consider moving on to a more gullible pastures.



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