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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 Deltauseron Nov 11, 2020 7:44pm
508 Views
Post# 31882246

Blindside

BlindsideSo was anyone else caught completely off guard by our dramatic loss from the status of profitability?

I mean really, I didn't see this coming. How were they able to have such a massive drop in per gram costs, yet go from a profitable company to a money losing venture?

Unexpected to say the least, and I'm not sure what could help them next quarter to return to profitability if they were unable to do so with such a low cost/gram..

HUGE let down.

You owe me an apology Delta 9 :(

I'm also wondering if the write down products are going to be available for a discount, asking for a friend....
Bullboard Posts