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Bullboard - Stock Discussion Forum Delta 9 Cannabis Inc. T.DN

Alternate Symbol(s):  DLTNF

Delta 9 Cannabis Inc. is a Canada-based vertically integrated cannabis company. The Company operates through three segments: Wholesale Cannabis, Retail Cannabis and Merchandise and Devices, and Business to Business. The Company sells cannabis products through its wholesale and retail sales channels and sells its cannabis growing pods to other businesses. Its cannabis products include dried... see more

TSX:DN - Post Discussion

Delta 9 Cannabis Inc. > Private Plscement
View:
Post by knights101 on Apr 27, 2022 6:45pm

Private Plscement

Nobody know why? and I dont want to hear speculation pkease!..we need facts!!
Comment by johnabo on Apr 27, 2022 6:59pm
Looks like they engaged Oak Hill for Connect First financing and IR. The Company | Oakhill (oakhillfinancial.com)
Comment by StonksOnlyGoUp on Apr 27, 2022 7:56pm
As Jonabo says, the article indicates that it was to pay Oakhil for their service and advisory role in negotiating the credit facility with Candian Western Bank.  Wish they'd have just paid the fee with the 5Mil priate loan they just got instead but the loan will alow the to aquire a lot more stores or grow the busiess so I supose in a way it can be accretive ff the funds are used well ...more  
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