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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 Binkyman69on Nov 18, 2021 9:05pm
115 Views
Post# 34143668

RE:RE:RE:RE:RE:Binkyman Capital issuing a BUY recommendation.

RE:RE:RE:RE:RE:Binkyman Capital issuing a BUY recommendation.
knights101 wrote: got it, if I read correctly 3 to 1 split...just to stay on nasdaq...this is not good for long term investors who paid high on the stock...in that case DN9 should not go on nasdaq till they have really good solid footing on the company"s  finance...I keep hearing those debentures from everyone..anyways will see how thing go in the next 2-3 Q reports.


Share price is pinned because of them.. really hard to attract investors when your share price never moves and is near all time lows when markets at all time highs.. Wonder what the true number of shares sold short is here. Been 80m shares traded since debentures began in July 2019.. public float is only 65m to 70m shares and were at a 30% the SP we were at in july 2019 so lots and lots and lots of selling.. whoever holds the debentures is exempt from marking their shorts since they'll b long on the stock once converted.. wouldnt surprise me though if there were 20m+ unmarked shorts within last few years. Need to clear up that debt and get that SP up so company can really start to make some noise.
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