Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 golfyetion Dec 17, 2020 10:05am
63 Views
Post# 32127335

RE:only fundamentals?

RE:only fundamentals?

DN is too thinly traded to use technicals with any great clarity.  I see a stock that is basing in the 55-50 cent range.  Oddly, we recently saw volume of over 1.5 million shares over a two day period without even a shudder in the SP...so that's a head scratcher.   I'm in DN because of fundmentals.  Its not a trading stock imo.

Here's my two-thumbs-up list 

Huge insider ownership
Diversified revenue streams (that's a big one for me)
Diversified supply -- network of trained grow pod customers
B2C and B2B revenue segments
Growing margins
Vast library of proprietary strains
One of the most experienced longest-running Cannabis companies
Equity ownership in other cannabis companies
Lowest SP to Enterprise Value in the cannabis sector
Not just actual EPS but perhaps the ONLY cannabis stock with sequential EPS
NCIB -- Reverse-dilutive (EPS accretive) share buy-back plan
Lots of cash on hand for M&A opportunites
Accesss to LOC cash
Q/Q and yr/yr growth
Vertical integration
Trading at MC less than current run rate for revenue
Great brand
Disciplined management
Solid reputation
Low float
One of the only earnings positive cannabis companies in Canada

Did I miss anything?

<< Previous
Bullboard Posts
Next >>