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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 StonksOnlyGoUpon Aug 12, 2020 11:58am
163 Views
Post# 31398307

RE:RE:RE:RE:RE:RE:Shareholders need to demand promotion of DeltaNinei

RE:RE:RE:RE:RE:RE:Shareholders need to demand promotion of DeltaNineiHi GotNoPension, I'm genuinely curious why you thought this compnay was going bankrupt?  Was it just the share price?  If so, here's some friendly advice: share price doesn't always reflect the financial health of the company.  You really need to analyze the financials to assess that.  In DN's case the compnay was growing revenue consistently and decreasing expenses and they have lots of financing available to them.  Share price can often be higher or lower depending on investor sentiment, speculation, and hype.  My interpretation is DN fell out of favour along with the rest of the weed market and the covid crisis because people were scared of the risk, but that's what made it such a great opportunity.  Here's an example of things going th other way, take a look at Tesla, I'd say they're at a crazy valuation based on hype and speculation.

Anyway deciding how much risk to take on is a personal choice and doubling down can be a risky propsition, so I respect your decision.

Also, I think debentures was just making a friendly jab and didn't mean you any true offense when he joked about you having invested $200, and even if you had, we all start somewhere, no shame in it.  


GotNoPension wrote: Looked like bankruptcy for this co. for a while there if you recall...why throw good money after bad? And with such low volume and no stock movement? I still kind of doubt this stock price will go anywhere. I hope if I ignore it for another couple of years it may actually do something
RickNess wrote: This stock dropped into the 30's how did you not move your average way down. Thats one of the most outrageous things ive ever heard in at $2 and just held.




Bullboard Posts