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.

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Delta 9 Cannabis Inc

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Comment by Canadaforoilon Dec 17, 2020 12:24pm

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RE:RE:RE:RE:RE:RE:RE:only fundamentals?

The first thing a lender will look at is cash flow statement to ensure payback and interest coverage. Year over year negative cash flow means no lender would come near them. Revenue means nothing if you can't create cash flow. A business can sell as much as they want and still go bankrupt if their expenses are higher than their revenues and they create no cash flow. Looking at revenue growth alone (cherry picking numbers) is a very poor way to evaluate financials.

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