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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

Post by gnote1on Apr 01, 2021 12:13pm
171 Views
Post# 32923231

Year End Financials

Year End FinancialsPaitence is key here.

Retail revenue increased 109% to $32.2 million in 2020
Wholesale revenue increased 24% to $11.8 million in 2020
Business to business revenue increased 38% to $8.6 million in 2020

Retail will only get bigger with more stores.  32.2 million in 2020 was based on 9 stores with a number of stores not having a full year of sales under their belt.  #10 and #11 opened in Q1/21 and #12 opening up soon.  (1399 McPhilllips Ave.)

SP here has to be ignored and stay the course.  Stay in or if you dont have the stomach for it, then ............ you know!
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