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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Comment by MickeyTJon Mar 11, 2020 7:12pm

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Post# 30796150

RE:RE:DN presents a huge opportunity to patient people

Rick,

You are bang on. Last quarter, there was literally a 2 million dollar check that came into the D9 office the day after the statements were completed. So, effectively their 6.66 million in gross revenue was really 8.66 million.

If if they are reporting 10.5 million this quarter, then effectively it is about 8.5 million when u take away that 2 million dollar Cheque.

My takeaway is that overall revenue then showed no substantial difference. This is odd considering in December they reported edible sales were flying off the shelves. Does this mean the margins on the edibles (which they outsource) are negligible.

Overall I am most concerned with what they will report for EPS next week. It’s been negative every time so hoping they can show positive EPS. Let’s see if John delivers!

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