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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

Comment by StonksOnlyGoUpon Dec 17, 2020 9:01am
89 Views
Post# 32126653

RE:Thanks warrant . . .

RE:Thanks warrant . . .This look like a pretty phenominal number to me:

Revenue Growth YoY  723.59%

The company is in it's growth phase, have you heard it takes money to make money?  They are expanding as much as they can to capture the biggest slice of market share possible, and yes, they're spending money to do it.  Eventually growth will slow as there becomes less opportunities and they'll have a nice list of assets under management, spending will decrease and more cash will flow, the compnay will transistion to maximizing the potential of these assets and reducing debt.  Plenty of weed companies are operating with much worse financials and trading at much higher multiples, as John says, "DN is pound for pound the best value in the industry".  

That is why I am long.

Canadaforoil wrote: you made my point.  You seem to love the word "troll" and you say people cherry pick numbers.  Show me a good number then.  Negative cash flow, negative profit margin, declining share price . . . .

That isn't cherry picking, that is fact.   Counter anything with another number and I would be happy.  Just saying another retail store is opening or they developed d-pods is nothing unless the information increases sales and profits.  Don't speculate, it means nothing.  


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