Delta 9 Cannabis Inc. T.DN

Huge Growth and Another Loss

[Canadaforoil]

See you at $.45

Well done management team, can't even make net profit with huge growth.

[xkos48]

yup,nobody getting excited with these numbers.

[davgro]

I really don't think there is much interest in a Canadian retail operation even one showing growth potential. There is significant upward movement today in cannabis stocks with US retail business as both NY state and New Mexico legalized the sale of recreational cannabis yesterday. Maybe if DN diversified into US retail stores than someone may take notice.

[golfyeti]

"Maybe if DN diversified into US retail stores than someone may take notice." You just exposed how shallow your DD is in the N.A. cannabis industry.

[Duedilligence10]

Yesterday's MDA cleary says expansion into emerging markets in the United States is a top priority.  DN said the same thing in the November MDA.  

[Schwag]

This can only happen once it's legalized on a federal level which hasn't happened yet. Even without us expansion there is lots of potential here in Canada. We are in a consolidation phase. When I spoke to Ian a few weeks back he said you can buy stores in Alberta for 100k. Dirt cheap. Do you think D9 will be scooping some of those deals? You bet! The cream will rise!

[Duedilligence10]

Strange.  How can they prioritize something that may never happen?

[davgro]

Yeah, what do I know about US cannabis retail operations.  Bought 50K shares of VIBE on the CSE last year around this time at $ 0.08 a share because of its California dispensaries.  Since then it acquired additional retails dispensaries from VCAN in Oregon and CA for shares and warrants and they continue to grow.  It hit $1.24 today closed up 6% at $1.19, and I'm still holding.

[StonksOnlyGoUp]

Davgro, Welcome. To clarify, Golfyeti wasn't saying you don't know about US retail.  He was just heckling you because your suggestion for DN to expand into the US for weed sales is impossible at this time.  We've talked about it a few times on this board but you're new on here so you probably missed it.  As per the rules of being a TSX listed company DN cannot

[davgro]

Thank you for the warm welcome and clarifying another member's comments. I am new on the DN bullboard but have been on Stockhouse for 21 years, so I guess I'm an oldtimer.  Regardless, I always appreciate when someone takes the time to explain a matter to another member with respect and not ridicule or contempt.  Best of luck to you and thanks.

[StonksOnlyGoUp]

Anytime, that what these boards are for, none of us can know everything, no matter how hard we try.  I've learned lots from here.

[StonksOnlyGoUp]

Oh please, please, please, let this drop to $0.45.  I would liquate some other positions and go all in on DN.