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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 golfyetion Dec 17, 2020 10:06am
65 Views
Post# 32127351

RE:only fundamentals?

RE:only fundamentals?<p> DN is too thinly traded to use technicals with any great clarity.&nbsp; I see a stock that is basing in the 55-60 cent range.&nbsp; 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&#39;s a head scratcher.&nbsp; &nbsp;I&#39;m in DN because of fundmentals.&nbsp; Its not a trading stock imo.</p> <p> Here&#39;s my two-thumbs-up list&nbsp;</p> <div> Huge insider ownership</div> <div> Diversified revenue streams (that&#39;s a big one for me)</div> <div> Diversified supply -- network of trained grow pod customers</div> <div> B2C and B2B revenue segments</div> <div> Growing margins</div> <div> Vast library of proprietary strains</div> <div> One of the most experienced longest-running Cannabis companies</div> <div> Equity ownership in other cannabis companies</div> <div> Lowest SP to Enterprise Value in the cannabis sector</div> <div> Not just actual EPS but perhaps the ONLY cannabis stock with sequential EPS</div> <div> NCIB -- Reverse-dilutive (EPS accretive) share buy-back plan</div> <div> Lots of cash on hand for M&amp;A opportunites</div> <div> Accesss to LOC cash</div> <div> Q/Q and yr/yr growth</div> <div> Vertical integration</div> <div> Trading at MC less than current run rate for revenue</div> <div> Great brand</div> <div> Disciplined management</div> <div> Solid reputation</div> <div> Low float</div> <div> One of the only earnings positive cannabis companies in Canada</div> <p> Did I miss anything?</p>
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