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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 Schwagon Feb 10, 2021 6:36pm
194 Views
Post# 32532791

100 million in 2021?

100 million in 2021?Steady quarter to quarter increases in 2020. 11 stores to be added in 2021 which is more than double the 9 at the end of 2020. Stores doubled in 2020 as well going from 3 to 9. Revenue nearly doubled in 2020 as well. This means that 100 million in 2021 is possible. If price to sales goes up to match peer average then share price still has a long way to go!! Looks like the sector is finally seeing some high volume action. Today's volume was more than 10x daily average and almost 4x weekly average. Strong breakout and just the beginning!!
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