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 StonksOnlyGoUpon Jun 16, 2020 9:06pm

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Post# 31158182

RE:RE:RE:RE:RE:RE:RE:Delta 9 - disappontment compared to Hexo

Ha ha, good point. Is the compensation plan unrfair or excess compared to other companies though? It's a pretty well demonstrated fact that options and shares are a good way to motivate success and they are executing very well, so I don't have a problem with that.

Also correct me if I'm wrong, I have not verified this information independently, but I believe I read that the management at DN draws a lower salary then most which is good for preserving operating capital. So if insiders want to sell some of their shares at a discounted price to cover whtever personal expenses they may have I'm fine with that too. Momentum is overrated, without support it probably wouldn't have held anyway. if they didn't sell shares I'm sure some short seller would've come in and walked it back down, how many times have we lready seen it? I'm happier knowing John got some money he needed then some random short seller.

Anschutz wrote: So do the insiders who recently sold shares and again killed off the momentum that was building qualify as "suckers"? Enough with the free options and shares. Shareholders should vote against the compensation plan.

StonksOnlyGoUp wrote: Why are you attacking the company?

DN does plently, they've been consistently and successfully executing all along, how many other companies cn say the same? The share price may be "doing nothing" but DN doesn't control that do they? Investors like you and me do. So if you truly believe the stock is worth $2+ a share shouldn't you be happily buying up as many as you can and laughing at all the suckers selling low? Leverage your house, YOLO bro.