Delta 9 Cannabis Inc. T.DN

Guidance due this week!

[golfyeti]

I can't wait!!  

Anyone care to speculate on the revenues they announce?   $19.5 million is my guess.

We are currently trading at 0.8 times sales.  I also speculate that by xmas we will be trading at 1 X sales, which is very conservative when most cannabis companies are trading at 3+ times sales despite most losing hundreds of millions annually.   One time sales would translate to $0.60 DN share price.  "Just" a 50% increase in the SP... a 3 X sales allocation would give DN a SP of $1.75...

[unoriginal_username]

Hopefully after 5 and I'm guessing 17.5 and 18.5 GLTA 

[Northboy44]

Guess all you want. But sp at .39. Which tells the story

[Oceanis]

I would agree. At this point it's hilarious that they're getting people to sell their shares at this price lol  5413% growth company.  They'll be sorry.

[golfyeti]

To me $0.39 tells the story of bargain basement value.  If you need immediate gratification then you may not get it here.  Delta Nine is the tortoise not the hare that methodically moves forward at a steady pace many ignore.  No hype, just responsible financial performance. Go buy some Aurora, they say they are only losing $20 million per quarter while sales have stagnated. 

[Northboy44]

Funny how two years ago 1.50 was a steal  of a deal...and all the way down was bottom and a great buy...lot of us got big money here and been waiting a long time..not bad if your buying at todays price ..I know its going up but taking long time...

[golfyeti]

$1.50 will eventually become a steal of a deal.  I started taking a position in summer of 2020 in the $.50,s and $0.60's.  My last 5,000 shares were bought at $0.41  My average cost is down to $51 and feel good aboiut it.  Will buy more if it goes much lower.   If DN was given half the market respect that its peers get we would today be trading north of $4. 

[unoriginal_username]

Imagine if Delta Nine was handed 5 billion ! This company will get there on its own merit no kissing the ring lols we are Canadian owned and operated. Go Bombers !!

[gnote1]

We might have a couple weeks before Q3 guidance is released. 2020 Q3  Guidance was released  (WINNIPEG, Manitoba, Oct. 29, 2020) 2019 Q3 Guidance was released  (WINNIPEG, Manitoba, Nov. 05, 2019)

[golfyeti]

Nov 5th!? Isn't that just 10 days before sedar filing? What's the point at that stage.   They must have gotten better at tracking their sales ...  Q2 2021 guidance came out June 23, a week before the end of the quarter.  We're a week after now. Can't see why Q3 guidance has to be so much later than for the other quarters. 

[unoriginal_username]

More stores more contracts more staff more expansions more and more takes time to add up all the cash lols