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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 Jordan1203on Jun 24, 2020 11:21am
112 Views
Post# 31185810

RE:RE:RE:RE:RE:RE:KABOOM! Ontario

RE:RE:RE:RE:RE:RE:KABOOM! OntarioAt this point I am almost certain it's the debentures.. pretty sure management bought a large % of the debenture offering and started short position at 1.20 all the way down to 40c range.. common strategy is to immediately hedge and go short on debentures when u buy..Interest payment is due In the next few days. Wouldnt be surprised if SP settles at 60c then announcement is made to allow conversion @ .60c following payment of interest... National bank owns huge chunk of shares, debentures, warrants....Coincidentally John III worked for this bank prior to starting D9...Hmmmmmmmm.....settling those debentures @ 60c would increase % of inside ownership which we all know they love. That 1 million share transaction from cannaford that killed the rally a few weeks back went to national bank 2...HMMM... coincidentally knocked the SP back under 60c.
Bullboard Posts