Delta 9 Cannabis Inc. T.DN

I Was Just Thinking . . .

[StonksOnlyGoUp]

Wouldn't it be funny if DN just rebought the shares they just issued to Oakhill at $0.314 for $0.24?  I know they probably wouldn't, but if they did it would bascially work out to them having saved about $151,000 on the bill lol.  Take a month to get them all at today's volume.  Imagine if they could do that for the shares issued to buy Uncle Sam's with the profit from Uncle Sam's stores, lol.

At some point they'll really have to start considering it.  If it goes to $0.20 due to the recession they may be able to get a steal of a deal

[Northboy44]

Stonk nothing funny about sp.  this stock stinks..

[StonksOnlyGoUp]

Owning the stock for the past few years definitely stinks.  The company does not.  If this kind of volatility stresses you out then you shouldn't invest in microcaps.

[grasshopper2]

$151K would be nice  However, Oak Hill has 2,000,000 shares to sell.  I'm sure they would love to see 31 cents, but if they need their money, for whatever reason, 24 cents or even lower will do.  They don't want to drive it down by dumping all at once, as their commission will suffer.  None the less, there are plenty of cheap shares to be had.  Just wait it out...

[Oldtimern]

Well do you find any company in canada who have go down like this stock, all time lows evry day, unbelevebel.

[KentukyFriedCoal]

And people here just keep giving the stock away & encouraging the rush to D9teen. Sad.

[StonksOnlyGoUp]

Right . . . . DN must be the only the one . . . Canopy - All time high around $50, now just over $5, approx 90% loss Hexo - All time high around $30, now around $0.30, too lazy to calculate true loss Westleaf now Decibel, same story. How about non weed companies: Lightspeed - $158 down to $22 or so, around 90% loss Mogo Financial - $14 down to $2, around 85% loss DND - 50 or so down to

[StonksOnlyGoUp]

That's precisely my point though, if tey desperately wanted to move their 2mil shares DN could buy them back at a faction of the cost they issued them at. Not saying DN would, obviously their focus is on growing, but at some point the shares may become irrefusably cheap and it might make sense for DN to buy some (they could be buying back shares issued at $0.50 for $0.25 right now, that's