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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 Triplegon Oct 21, 2020 7:31pm
116 Views
Post# 31759576

RE:Perfect storm brewing

RE:Perfect storm brewing I agree; however, despite all the good news and fundamentals, I don't think the stock can start going until whoever wants to keep the share price down allows it to run or can no longer keep the lid on the storm that is brewing.  Nobody interested in seeing the share price appreciatie would be selling at these prices.  It doesn't make sense because all of the recent good news and the upcoming US election (if the Democrats win, it will probably give all pot stocks a big boost) strongly indicate that Delta 9 should be moving higher now and over the next few months.  Therefore, we must infer that it is being kept down on purpose in a tight trading range.  Until the entity behind this trading let's up or is forced to let up by a price increase that it cannot control (and the shares end up in the hands of longs), we'll be here for a bit longer, but not too much longer, I suspect.  All in my opinion.        
Bullboard Posts