Delta 9 Cannabis Inc 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 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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Delta 9 Cannabis Inc

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Comment by meowmeowmeowon May 08, 2018 10:03am

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Post# 27996684

RE:RE:RE:$75-million in annual revenue NINE

The math doesn't add up to me..
112 pods completed in 2018, yet they will be able get 75m in revenue,
112 pods x $240,000 revenue per pod (optimistic high end of estimate) = 26,880,000

Were there any pods produced prior to this year that can account for this?
Keep in mind the margins too.

$7.50/g retail average price (even though they own retail channel now)
$2.25/g cost to grow
Expected to decrease it to $1.25

That's my napkin math on their pod production-revenue, do they anticipate the other $50ish million to come from sales of Canopys product?
If you look at the renders of their retail stores, they market Tweeds products heavily along with their own, since they are their retail partner in Manitoba.

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