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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
Comment by meowmeowmeowon Sep 10, 2019 1:11pm
64 Views
Post# 30113164

RE:RE:Telling the story

RE:RE:Telling the story To your point on selling DN, I'd recommend holding off until the Winter run up, even though it means missing out on other companies.

Realistically I can see DN peaking in the low/mid 1-2 range, lets say 1.50's, which would be a good exit point even if you dont break even. Let's break it this puppy will see $2 the day pigs fly.
If you sell now, you need to reinvest in a company that will increase significantly more that Delta9 would just to get the same result as holding.


Let me throw some number in to demonstrate.
Say you own $10,000 DN stock at $2 (5000shares)

If you sell now it'd be worth $4400
If you wait for it to recover a bit to the 1.50s i'd be worth $7500. In order for that to happen Delta9 would need to climb 70%.

However if you sold today and had that $4400 in hand to reinvest, you would need to find a company that could climb atleast 75% to get to the same $7500 amount.


Anschutz wrote: 88guy: Telling the story is only part of the problem. I think there are other issues such as:

- The market perceives DN as a small producer with lower growth prospects. Building a 10 acre greenhouse and telling the market you are set to produce 300,000 kg of cannabis per year gets much more attention from investment firms, indexes and funds. 

- CEO, senior officers and management are inexperienced and quite unknown. Somehow they need to increase their credibility. Their current approach seems to be bulid the company and eventually funds and investors will take notice.  Unfortunately this does not seem to be working for them.

- DN does not appear interested in accelerating their growth and instead appears to be plodding along, focusing on provincial distribution agreements and opening more stores. Although the strategy is working, it is insufficient to generate any significant interest.

- DN does not appear to be interested in growing through serious partnerships. Considering their highly controlled growing operations and quality of their product, I think they should be looking to partner with a pharmaceutical or high end beverage company. Fort Garry Brewing is a good start, but seriously...  FGB is a local craft brewer with quite low volume. They need to partner with a national/international brand as Interprovincial trade barriers work against small producers like FGB.

Frankly watching DN trade lower with the likes of TRST is making me wonder if I'd do better dumping DN and buying TRST. Although TRST is dealing with a license suspension and pending Health Canada ruling, if they end up with a fine and closer scrutiny for a period of time, I think TRST stands a much better chance of seeing their share price recover.  Pretty sad that I'm contemplating dumping DN for a company like TRST, however the chart for DN looks to be going nowhere fast with the CEO, management and board unable to do a thing about it.


88guy88 wrote: is the problem....there are loads of weed stocks out their and more coming every week...everyone is starting a business and they all say the buzz words (no pun intented)....like verical integration and stellar growth blah blah blah.....

You have to stand out in the crowd and tell the story better.....and its not happening....down down the price will go




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