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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Delta 9 Cannabis Inc

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Post by Duedilligence10on Aug 30, 2019 10:30am

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Investment houses own about 5% of the DN float. This will start going up quickly once they are listed on the big board and institutional investors get back to work after Labour Day. Another thing to consider is that insiders are tightly holding almost 50%, this will make it more difficult for the institutions to get their hands on shares in the open market. The suppy and demand principal will rapidly drive the price higher. The TSX listing has moved much quicker than I thought.

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