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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 gnote1on May 15, 2020 8:38am
138 Views
Post# 31032056

RE:2020 Projected Based on Q1 only

RE:2020 Projected Based on Q1 onlyRight on, nice numbers. 
Three more retail stores close to opening, additional wholesale agreement with Auxly in June coming.
Nothing but green ahead.

Also From CBC Manitoba, (even during COVID 19)

Business growing at Delta 9

The CEO of Winnipeg-based Delta 9 said business has grown so much during the pandemic, he's had to hire more than 75 new employees — a 30 per cent increase in the cannabis producer and retailer's workforce.

"Stores are quite busy, we're seeing increased foot traffic, we're seeing bigger cart sizes, things like that," said John Arbuthnot, adding most of the employees have come from the hospitality industry, which has experienced massive layoffs in the past months.

Delta 9 CEO John Arbuthnot at the company's retail store in Osborne Village. (Austin Grabish/CBC)

The young budding entrepreneur said the company has tried to adapt, with changes like its new click-and-collect service. Customers can place an order online and drive to a store, where a staff member checks ID through the window of a car and then put the product in the trunk.

There is never any physical contact between staff and customers, he said.

Arbuthnot attributes the rise in sales to new edibles that have recently rolled into the market, more people staying at home with free time and the recent elimination of a black market delivery service in Winnipeg that police busted.

"But of course like every business, we're struggling with certain supply chain issues, access to personal protective wear for our production operations ... but again, feel that we're very fortunate to have been able to continue to operate throughout the crisis."

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