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Delta 9 Cannabis Inc. T.DN

Alternate Symbol(s):  DLTNF

Healthcare Cannabis
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

Delta 9 Cannabis Inc. > Delta 9 Market cap is lowe rthan revenue
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Comment by Alpha007on Nov 05, 2021 10:41am
79 Views
Post# 34091803

RE:RE:Delta 9 Market cap is lowe rthan revenue

RE:RE:Delta 9 Market cap is lowe rthan revenueThis type of pump and dumb happens all the time, doesnt mean the company is garbage though. Private investors just got all their value out at IPO, made their millions, now the company has to show actual fundamentals to have any growth and for money to flow back into this stock. Of course they werent worth anywhere near the valuation they priced themselves at back in 2018, but that what private equity and IPO is, to get private investors money back. Has to show real earnings otherwise no chance this ever goes back above $1.00 ($100M MC)
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