Delta 9 Cannabis Inc DLTNF

RE:Delta 9 is the most undervalued weed stock by far!

[Tripleg]

Excellent summary!  The only thing I might have added is regarding the stock options and warrants.  Ignoring the last raise, which included warrants, a summary of DN's warrants and stock options can be found on page 23 of the Q3 2020 Investor Presentation on the website.  The exercise of these warrants and stock options (and convertible debentures) would only result in a total float of 118 million shares (again, ignoring the most recent raise).  But it would raise quite a bit of money, such that the current debt (relatively small in any event) becomes less of a concern.  For example, let's just look at the publicly traded warrants (DN.WT.A).  There are approximately 9,750,000 publicly traded warrants that have an exercise price of 1.33, which expire in July 2022.  I think the company can call the warrants at 2.33 (but don't quote me on that), but in any event, so long as we trade above 1.33 before July 2022, all these warrants will almost certainly be excercised, which means almost 13 million into DN's bank account.  Will we trade above 1.33 before July 2022?  In my view, it is a virtual certainty (so long as we are not taken over before then).