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 > My New Year's Wish

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Comment by StonksOnlyGoUpon Dec 30, 2020 1:55pm

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Post# 32198517

RE:RE:RE:My New Year's Wish

Oh come now, if you're excluding all the folks that made money in the run up to the end of 2018 and just want to look at 2019 to 2020 then those people have been holding for what between 1 and 2 years, that's hardly holding "forever" without gains. You're being a little melodramitic.

Buffet's style is very much to find an undervalued company with potential to grow and hold for a very long time. DN's is undervalued to everyone of it's peers, has grown substantially in the last year and has a solid plan to continue that growth into 2021. It's up to each investor to decide for themselves whether the risk is worth the reward and seeing as you're still here and holding you must also still believe this company has the potential to grow from here, else you would sell and take your losses.

Anschutz wrote: The company has been trading for over 3 years. By long term I was referencing anyone that had bought the ipo in 2017 or anytime in the run up to legalization in 2018... it doesn't really matter though as the same applies to anyone that bought in 2019... or even part of 2020 for that matter. Throughout that time the share price has only declined while others went higher. Additionally average daily trading volumes have also declined demonstrating there's no market interest. Holding a stock "forever" that has only gone down in value and pays shareholders nothing while holding/waiting is not Buffet's style. It's a fools game.

DirtyCadillac69 wrote:
how can a company that has only traded for a couple of years on the public market be failing long term shareholders? If you are trading daily, weekly, or monthly you need to re evaluate what you are considering a long term hold. "Forever" is always the ideal holding period, at least in Warren Buffett's battle-tested investing philosophy. If you can't hold that stock forever, truly long-term investors should at least be able to buy it and then forget it for 10 years.Mar 6, 2015 If you are robbing the grocerie fund to buy stocks you should get used to being skinny for a while. Hold long get fat when you are old and rich!