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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

Post by gnote1on Feb 03, 2021 6:18pm
213 Views
Post# 32465780

Will John be presenting Q4 guidance tomorrow?

Will John be presenting Q4 guidance tomorrow?2:40 PM TO 3:10 PM ESTFUNDAMENTALS OF DELTA 9 AND THE CANNABIS INDUSTRYby John Arbuthnot - CEO, Delta 9 Cannabis

 

Delta 9 is a vertically integrated cannabis company with three revenue streams: cultivation/wholesale, retail stores, and B2B business selling grow pods, genetics, and consulting services.

The company's three-prong growth strategy for revenue going forward will focus on expanding its retail store network and continue to market its low-price leadership strategy at new and existing stores. Delta 9 will continue to build momentum in the cannabis wholesale segment with a focus on expanding product distribution in its seven provincial markets and continue to expand B2B business with a focus on creating relationships in the Canadian micro cultivation industry and expansion into emerging markets in the USA.

Management is confident that its specific focus on revenue growth, gross profitability, and prudent cost controls will provide earnings growth over the coming quarters.

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