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.

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Delta 9 Cannabis Inc > Leedes incentivized

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Comment by Debentureson Dec 05, 2020 1:21am

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RE:RE:RE:RE:RE:RE:Leedes incentivized

The company went public and traded way above with no multiples 2 years ago. Generally our story has evolved in the past 6 months adding stores. Primary reason is large caps got destroyed into COVID. Recently large caps money has been pouring back into the space with US legalization opening up.

IMO it won't matter - US firms won't touch US msos due to regulatory restrictions. There have been a couple firms on record saying they will not touch the firms due to a lack of federal legalization. In the mean time, money will pour into Canopy, Aphria and VFF. The down spout is the tide raises all boats.

2017 we rallied with the entire sector, 2019 75% rally post sell off. Any movement in majors rallying hard historically has lead to movement in share price.

Today there was 10 mill shares traded on FIRE, another 8 mill on VIVO. The downspout exposure is happening like it or not and I do believe it's a matter of time before we take part. The sector as seen by HMMJ is looking to break a 52 week high. I do believe this will lead to a major rally generally. The cannabis market was bear for 18 months. It's turning around in Canada with more stores opening up. It's not just us the entire sector has been due for a rally.

you're entitled to your opinion though and shouldn't feel the need to be liberalized by "we are due for a run".

MickeyTJ wrote: Agreed. It’s all good news. Just like the last 24 months of great news where the SP has done nothing.

I’m a shareholder. I want this to run real bad. Every single time someone declares “we are due for a run” or something equivalent, nothing happens. You’re entitled to your opinion for sure. Just don’t
jinx it. There’s a lot bigger things at play than a few stores and some decon pods.Investment firms fixate on the big LPs and it will take several eye opening news releases for them to even blink. Failing that I think we are 12 -24 months before we gain steam.

I love this company, but there is no run that will happen shortly. There’s a reason why people say it takes 5 years for a business to take off. And no, outliers like Shopify, etc. don’t count. I’m talking 95% of the time that is what it takes.