Delta 9 Cannabis Inc. T.DN

Read a balance sheet lately

[Canadaforoil]

From Sep 2019 to Sep 2020, short-term debt has increased 186% and long-term debt has increased 58%.  Yes, that is over a one year period.  They are clearly over leveraged and the only way they can raise extra cash is to offer shares at a discount.   Financial leverage is supposed to be used to increase revenues/profits, not decrease it.  In the same period, their net income went from a 1.4M loss to a 5.8M loss.  Their net operating cash flow for the quarterly period ending Sep 2020 was negative 2M.  Look up operating cash flow and understand they can't even create positive cash from their basic business operations.  And yes, I am a long-term shareholder waiting to cash out and get my money back.  I have a feeling it will be 2024 before that happens.

[Bullknit101]

Another Canadian cannabinoid biotech you may want to check out is InMed Pharma. They aren't leveraged and revenues are anticipated in FY 2022 (July 2021). They are in a quiet period after their NASDAQ IPO. The period ends around 28 Dec. They have a partnership with Almac and Baymedica. Integrasyn is their golden egg, likely to be the most optimal process on the market for cannabinoid synthesis

[Warrant]

Checked your post history and you havent said one good thing about DN yet you think youre going to get your money back by 2024? You're not a long youre a fraud. Go back to your cave troll. 

[Canadaforoil]

Why didn't you respond to the truth I posted instead of just calling me a troll.  If you can't handle the truth . . . .