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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 Jan 19, 2021 1:01pm
128 Views
Post# 32327214

RE:Check out AH chart

RE:Check out AH chartI disagree that price can't go up until CDs are paid off.  We've been higher in the past with the CDs for one.  Secondly, people aren't just going to ignore profits because of CDs.  Lets say hypothetically that Q4 came out as a shocking 25mil rev with 5Mil net profit, do you think the SP is still going to languish with those numbers?  I doubt it.  So personally I feel if they can make more money by growing instead of paying off debt, I'm for it, better for long term share holders.

You'll be happy to know though that John has said they plan to start tackling CDs this year.

Jordan1203 wrote: Aleafia health SP almost doubled since they announced they are using cash to pay back convertible debentures about a week ago. Chart looks exact same to DN for the year prior.. I understand not wanting to repay the cash because we want to keep funding expansion but there has to be a better option than this. OGI market cap 10x ours and were about to surpass them in revenue.. Hexo doing double and their worth over a billion lol. Get used to the current SP she ain't going anywhere until CDs are gone.


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