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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 Schwagon Mar 06, 2021 7:53am
187 Views
Post# 32735598

RE:RE:grow pods sold = production expansion

RE:RE:grow pods sold = production expansion
Duedilligence10 wrote: The benefit of buying more weed and growing less is that DN will reduce its risk of oversupply and lessen the likelyhood of writedowns as was the case last year.


When I talked to Ian about that last year he said it was low grade stuff that was obsolete. In the beginning producers put out lots of low grade product but it turned out that the market wanted high THC flower so that's what they are producing now. That's also why grow pods are better than greenhouses. Greenhouses are good for growing a low grade commodity. Look at the Canadian market, greenhouses are shutting down.
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