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 > Delta 9 vs Cronos

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Comment by StonksOnlyGoUpon Mar 01, 2021 1:59pm

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Post# 32686749

RE:Delta 9 vs Cronos

As Duedillengence pointed out it's not exactly a proper comparison, Chronos has a lot of speculation built into it's SP. Is this really a failing of DN management? Is John suddenly able to control overly excited investors and prevnt them from overbuying a company like Chronos? I would say, that of the two companies, DN is a lot closer to a reasonable valuation than Chronos is.

If anything changes in the US or legalization gets delayed there, those highly speculative buys are headed for a big fat correction, just like here in Canada when legalization failed to roll out in Ontario.

golfyeti wrote:
Delta 9

Last quarter revenues $14 Million. On verge of turning EBITDA positive.

Market cap $59 Million

Cronos

Last quarter revenues $17 Million. Currently loosing $162 Million (last 12 months).

Market cap $5 Billion.

84 TIMES OUR MARKET CAP !!!! MARKET BELEIVES A COMPANY (CRONOS) MAKING THE SAME REVENUES BUT LOOSING $162 MILLION IS 84 TIMES MORE VALUABLE THAN MONEY-MAKIING DN !!!!

This is a unadulterated failure of DN management to promote our company to the investment community and secure a reasonable valuation for its shareholders!

84 TIMES !!!!!