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Delta 9 Cannabis Inc DLTNF

Healthcare Cannabis
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

Delta 9 Cannabis Inc
Bullboard Posts
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(14)
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Comment by johnaboon Nov 11, 2020 9:00pm
172 Views
Post# 31882488

RE:RE:RE:Blindside

RE:RE:RE:BlindsideFrom my read they are saying that about $207,000 and $2,050,000 are from a single transaction at a loss between gross profit and biological asset adjustment. Beyond that the gross profit was squeezed by lower selling prices but that should be improved next quarter by the decrease in production cost to $0.74. 

Otherwise higher costs mostly due to Covid but Im not seeing anything here that is catastrophic.. 

Will be on the analyst call in the am if you guys would like a run down. 
Bullboard Posts
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