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Bullboard - Stock Discussion Forum
Delta 9 Cannabis Inc
DLTNF
Healthcare
Cannabis
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...
cannabis and pre-rolled joints. Its edibles and vapes include vape pens and concentrates, edibles, and drinkables. The Company, through its wholly owned subsidiary, Delta 9 Bio-Tech Inc., is a licensed producer of medical and recreational cannabis products and operates a 95,000-square-foot Health Canada licensed production facility in Winnipeg, Manitoba, Canada. It also owns and operates a chain of retail stores under the Delta 9 Cannabis Store brand. It is focused on producing and selling cannabis oils, extracts, and derivative products.
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Bullboard (GREY:DLTNF)
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(4)
•••
golfyeti
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Comment by
golfyeti
on Jun 08, 2023 9:25am
RE:Interesting happenings in Cannabis world.
Decibel Cannabis. Not sure we still have an agreement with them. They turned EBITDA positive two years ago. A possible survivor of the ongoing Big Purge in the industry. The jury
...more
(5)
•••
knights101
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Comment by
knights101
on Jun 07, 2023 5:35pm
RE:Interesting happenings in Cannabis world.
I do think they did have some sort of deal 3 years ago. If DN9 tought it out the rest of the year, we might be ok...its seems all bad all over the cannabis industry....I am worried as I am sure
...more
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(15)
•••
gnote1
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Post by
gnote1
on Jun 07, 2023 4:14pm
Interesting happenings in Cannabis world.
Can't remember, did Canopy and Delta 9 have a business arrangement awhile back? Or am thinking Auxly. Anyone remember. fire and flower was one of the four selected to be distributers in
...more
(4)
•••
golfyeti
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Post by
golfyeti
on Jun 07, 2023 1:20pm
Canopy not looking too good. Could be next to crumble...
If it wasn't enough that Canopy is financially collapsing under the weight of its own losses and resulting indebtedness, many lawsuits are being launched accusing Canopy of "cooking the books
...more
(4)
•••
golfyeti
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Comment by
golfyeti
on Jun 07, 2023 12:58pm
RE:RE:Less competition!
Looks like Aleafia Health is next to kick the bucket. Stock halted today following last week's creditor issues and a launch of a "'strategic review'". The desperate
...more
(5)
•••
knights101
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Comment by
knights101
on Jun 07, 2023 12:14pm
RE:Less competition!
Don't forget..18 million coming from Manitoba Gov. a refund of the cannabis tax. The Repeal Act approved ,THIS I hope will help DN9 in the Q2 earnings report. They wont get the whole 18 m
...more
(4)
•••
unoriginal_username
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Post by
unoriginal_username
on Jun 07, 2023 11:16am
Less competition!
Not unhappy about fire and flower looks like canopy getting the boot off tsx . Now if the old fart would stop selling at this low rate lols or maybe he's buying the cheap stores . If Delta
...more
(4)
•••
golfyeti
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Post by
golfyeti
on Jun 06, 2023 3:15pm
Big Bid showed up
Delta 9 Cannabis Inc. (DN:CC) $0.05-0.01(-16.67%) Bid: 0.05 x 1761000Ask: 0.055 x 163000 June 6, 2023 2:57
...more
(15)
•••
gnote1
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Comment by
gnote1
on Jun 06, 2023 2:46pm
RE:Delta 9's Major Competitor Fire and Flower ... RIP
Tough to survive in this business. The ones that do survive will flourish! Canopy .98c today, will they be next?
(4)
•••
golfyeti
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Post by
golfyeti
on Jun 06, 2023 2:32pm
Delta 9's Major Competitor Fire and Flower ... RIP
Wow, huge news! Fire and Flower is no more. Annual Sales $158 M ... You'd expect that such good sales numbers would be an advantage at about two and half times DN's $67M annual
...more
(5)
•••
knights101
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Post by
knights101
on Jun 02, 2023 9:51pm
CEO John Arbuthnot
John Arbuthnot, CEO of Delta 9. “When the social responsibility fee is eliminated, Manitoba will have one of the most competitive pricing programs for cannabis in Canada. We should start seeing
...more
(4)
•••
golfyeti
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Comment by
golfyeti
on Jun 01, 2023 6:07pm
RE:RE:Riddle me this
Refund is retroactive to Jan 2022. That makes nearly 1 1/2 years worth of fees on 1 1/2 years of revenues. Revenues over the last 4 quarters are $67.7 million. I remember using
...more
(11)
•••
theanonymous1
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Comment by
theanonymous1
on Jun 01, 2023 4:31pm
RE:Riddle me this
Where did you come up with the $5.5 million? I'm not sure they will be getting any sort of rebate check. As of 3/31/23, they had just over $2.4 million of this fee still represented
...more
(4)
•••
golfyeti
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Post by
golfyeti
on Jun 01, 2023 3:50pm
Riddle me this
Delta 9 will soon be in receipt of a cheque of around $5.5 million dollars from the Manitoba government. The company's current market cap at a share price of $0.055 is $8.4 million. The CEO is
...more
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