Delta 9 Cannabis Inc. T.DN

Delta 9 Market cap is lowe rthan revenue

[knights101]

Normally the market cap should be highter than the total revenue..I find the the revenue for this 3Q is a little low..I was thinking 17 million...but by the end of this year DN9 should have revenue over 60 million...an improvement but we see things are slowing down..now they need to show positive earning soon.

[Binkyman69]

Lol by the end of the year your hoping revenue is 17m ?... they have 3 more quarters to come up w 11m or else this thing gets converted into oblivion bud.. that's the main issue here. Greasy move for Joanne to dump 300000 shares before they drop these numbers. Expenses going thru the roof w all these store openings. I'm probably done w this company. debentures going to get extended another

[unoriginal_username]

Slowing down ? I believe 4 stores weren't in the count 12 stores for revenue and wholesale sums up about right. I'm thinking close to 70 million year end  and if the grow pods take off in the USA I see a slow but steady growth ahead and  looking at 2022 could be 100 million plus . So yes I will be here for awhile and keep averaging. GLTA 

[Alpha007]

This type of pump and dumb happens all the time, doesnt mean the company is garbage though. Private investors just got all their value out at IPO, made their millions, now the company has to show actual fundamentals to have any growth and for money to flow back into this stock. Of course they werent worth anywhere near the valuation they priced themselves at back in 2018, but that what private