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

Delta 9 Cannabis Inc

Bullboard Posts

Post by Canadaforoilon Dec 17, 2020 8:36pm

251 Views

Post# 32137163

The interview went well. . .

and John said they reached a new low cost model of $.74/gram. Based on their own financials from Q1 2020 to Q3 2020, their cost of sales went up 33% and their revenue was up 11%. So why were cost of sales so much higher if they are lowering their costs? And no, the asset writedown was a separate line item and had nothing to do with the increase in cost of sales. Can anybody explan this?

Bullboard Posts

Quantum eMotion leaps by 20 per cent after Becton Dickinson deal