John A (quotes) "To be one of a select few cannabis companies that’s produed a full year positive Adjusted EBITDA points to the quality of our operations over the last 12 months," Arbuthnot said. "Operating cash flow for the full 12 months was over $1.5 million, so not only Adjusted EBITDA but positive operating cash from the business – again, very unique in a cannabis context."
One of Canada’s original cannabis companies, Delta 9 sells products through its wholesale and retail sales channels and markets its cannabis ‘Grow Pods’ to other businesses.
The company announced the opening of its eleventh Delta 9 Cannabis retail store in March 2021.
Eyes on the US market
Looking ahead, Arbuthnot told Proactive that the company is continuing its pivot on the B2B business south of the border.
"We’re expanding our sales force to include a US focus only. Obviously we can’t touch the plant on the US side yet, but a lot of momentum behind legalization. If we have more near-term exposure through sales of our Grow Pods, then that will become a key focus for us on the B2B segment in continuing to see growth into the future."