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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 ZFowleron Jun 16, 2020 3:18pm
193 Views
Post# 31157042

Patience Still Key For D9 Investors

Patience Still Key For D9 Investors

I know that this stock can easily frustrate investors. It moves sporadically and then not at all, the volume is normally low and the IR department doesn't seem to be all the great. 

That said, I think in the long run, we will all be happy we were here at the sub $0.50 level. The overall Canadian economy could be messy for a little while. I personally think that COVID should have had a stronger negative effect on the market and that the bubble could still burst. 

My advice to those that are frustrated is to either sell and toss your money in something more exciting (tech, oil&gas, anything in the states as down south things are crazy) or set a stop loss and a sell order at your lower and upper limits and take a few weeks off of looking at the stock. 

I'm going to do the latter and check-in sometime in July. If she dips below 0.45 my auto sell will kick in, if it get's above $0.80 (doubtful) my other auto sell will kick in. 


Happy Investing!

Bullboard Posts