Delta 9 Cannabis Inc. T.DN

Second half of 2022 will be . . .

[Canadaforoil]

.22 to .25.  Continued expansion and increasing costs but not revenues will ensure this company continues to trend downwards.  Remember Target Canada and how many stores they had?

[unoriginal_username]

The last news release will diversify the company even more and increase new revenue. Target was a disappointment because Canadians expected huge discounts from them . I did get a discount when they closed lols Delta Nine is on track to be the superstore for weed distribution , at low cost and top of the line craft growen MJ plus Medical grade plus seed plus plus plus the stock price will fluctuate

[knights101]

I remember Target..zero deals...people like myself pop in to Target and went back to walmart...the difference with Delta 9..they are off to a good start..we shouldbe comparing Delta 9 to walmart not Target Cannford..get out of this board please.

[StonksOnlyGoUp]

Uh from 2021 year end results:  Record net revenues of $62.3 million in 2021, up 20% compared to $52.0 million in 2020. If you're going to try give investing advice about a compnay maybe you should try reading the quarterly reports first?  Lol.  

[Canadaforoil]

You are right.  To clarify, revenue increase based on increase of stores (revenue per store) and then the obviousl, they hardly ever make a NET PROFIT.  You can have as much revenue as you want but as long as your expenses outwerigh the revenues, the burn rate will continue to be high.  Hence the current share price of .31, this will be no where near $1 unless there is a reverse

[gnote1]

Expenses will eventually decrease with store purchase but revenues will remain constant if not go up! Net positive!  Not much different for  any company in expansion mode.

[Canadaforoil]

Just like the Starbucks model.  Except they did exactly what I am talking about, expand to the point of cannibalization of their own stores with very expensive locked in leases.  Especially in a highly regulated government industry which is hard to control profit streams.  Just because you build it odes not mean they will come.  First order of business going forward is to

[Deltauser]

Inflation will be a problem for everyone.... D9 will do better than most. Sure they have salaries like everyone else, but their main cost of production is electricity, which is regulated in Manitoba. And due to their vertigal integration, they control their own means of production. Meanwhile, their debt is eaten up by inflation, and they can raise prices to cover any increases is operating costs