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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 Duedilligence10on Sep 05, 2019 12:02pm
80 Views
Post# 30098454

BMO no longer allowing cannabis stocks to be shorted

BMO no longer allowing cannabis stocks to be shortedhttps://business.financialpost.com/investing/bmo-is-no-longer-allowing-retail-investors-to-short-cannabis-stocks

 
 The party is over for shorts in pot sector, it was a good run, but now the momentum shifts the other way as it always does in the market, especially for the DN's of the world who are now poised to see institutional accumation over the next year and thus driving up the SP and driving down the shorts.  Short players will move to the next sector set for a downturn, whatever that is.  BMO knows retail shorts are going to get slammed in cannabis sector and want no part of this.
Bullboard Posts