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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 Schwagon Nov 07, 2020 11:27am
134 Views
Post# 31857467

Risk to reward ratio

Risk to reward ratioOne thing I always keep in mind with DN is the risk to reward ratio. Personally I'm only interested in investments that can at least double my money. I feel like there is very little downside risk here but multi bagger upside. We are sitting on a consolidation base with improving fundamentals and possible market tailwinds. This risk scenario is very different from Aurora for example where the SP can certainly go lower based on fundamentals but every once in a while the SP just skyrockets based on what??? No true substance behind it. Does a $10 SP represent a favorable risk to reward ratio? I don't believe so. The risk to reward ratio is equal in both directions. What about putting money into Tesla right now? We have a stock that's already parabolic with a PE ratio of over 1000. The downside risk far outweighs to upside to an extraordinary degree. There might not be any upside only downside in the case of TSLA. I understand it's annoying to watch other stocks go through the roof while we sit here waiting but our time will come.
Bullboard Posts