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Bullboard - Stock Discussion Forum 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... see more

TSX:DN - Post Discussion

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Post by unoriginal_username on Nov 30, 2020 8:24pm

Ranked 1

Comment by TruthBeTold7 on Nov 30, 2020 8:41pm
This post has been removed in accordance with Community Policy
Comment by golfyeti on Dec 01, 2020 9:22am
Image doesn't load....do you have a link or details as to who ranked number 1 and at what? TIA
Comment by unoriginal_username on Dec 01, 2020 10:27am
Just google the name on the bought placement. They ranked number one in 2019 for investment companies. GLTA show me the contract !!!
Comment by golfyeti on Dec 01, 2020 10:54am
here for everyone's benefit: https://leedejonesgable.com/  
Comment by Warrant on Dec 01, 2020 11:15am
It is promising that an investment firm like that is interested in Delta 9 but to give them those lucrative terms still rubs me the wrong way. Anyway, hopefully they put that 4 million to good use! 
Comment by gnote1 on Dec 01, 2020 12:01pm
I know some shareholders wont be happy with the terms but Delta 9 is receiving 4 million dollars.  Not easy to come by at these times especially in the cannabis sector.  Cannabis sector had been out of favour for awhile and wll start to ramp up soon with the US progress. Leede Jones has quite the list on their Prospectus Library  Would be nice to see Delta's name on there one ...more  
Comment by Warrant on Dec 01, 2020 12:24pm
ACB and TGOD are on the list. RIP leedejonesgable. One big positive about Delta 9 is that they had acces to conventional credit facilities...22 million with Canadian Western Bank at an interest rate of between 3.5 and 6%...so why the need to dilute the company, especially at such a pitiful valuation? The only reason I would see them needing this money is if demand for these new D-Pods is so great ...more  
Comment by DeltaJeff on Dec 01, 2020 1:04pm
D9 won't be receiving $4,000,000.xx. That amount is the gross amount. Leede will charge a fee for this transaction (maybe 5%? IDK) so net to D9 is less, a 'net' amount. Additionally Leede will be able to place shares, bought at $0.55, into client/fund accounts, for some sort of a commission or fee. While the settlement of this transaction's paperwork will take some processing time, ...more  
Comment by Debentures on Dec 01, 2020 2:50pm
Leedes did a similar deal with SHG/CBII 2 weeks ago and shares are up over 50%. A couple things here is that more dilution = more liquidity for trading. Leedes is another market maker we can add to our platform. We're also selling the entire holdings to Leedes which shows you confidence to get institutional investors on board. Most Leedes deals are split with Canaccord, Mackie among others ...more  
Comment by Jordan1203 on Dec 01, 2020 2:59pm
Yep. "coming soon. Delta 9 KILDONAN CROSSING, Regent Avenue" . Near one of the busiest intersections in wpg I believe. Great location and covers the winnipeg north area now ( DN kenaston and St.vital cover Wpg west and south, respectively.)
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