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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.


GREY:DLTNF - Post by User

Bullboard Posts
Post by dogwagon Sep 07, 2018 6:54am
111 Views
Post# 28577540

Possible Suitor!!

Possible Suitor!!
Auxly is a over half Billion dollar company and its CEO has just stated in the last press release that he has admired Delta nine from its onset. In this consolidating MJ market place ,any company that will pay a 52% premium to purchase just under 10% of a company may be interested down the road in the entire company at a much higher price. $2.75 per share seems like a high price for Delta 9 but soon it won,t be. Could you imagine trying to buy 6 million shares of Delta 9 in the open market , you would run the stock well over $3 bucks a share, its not so distant value. Good luck to all longs.
Bullboard Posts