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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

Post by Deltauseron Nov 25, 2020 1:49pm
783 Views
Post# 31971048

Decibel update

Decibel update

12:12 PM EST, 11/25/2020 (MT Newswires) -- Decibel Cannabis (DB.V) reported a Q3 2020 comprehensive loss of $1.36 million or $0.00 per diluted share, compared with a comprehensive loss of $389,000 or $(0.01) per share for the year ago quarter. 

Net revenue grew by 163% over the comparative 2019 period, from $2.88 million to $7.5 million.

Decibel also announced that due to personal reasons, CEO Benjamin Sze is taking a leave of absence as of the close of business today for an indefinite period of time. Cody Church, the company's current Chairman, has been appointed Interim CEO.

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