Delta 9 Cannabis Inc DLTNF

Healthcare Cannabis

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 > The problem...

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Comment by StonksOnlyGoUpon Mar 29, 2021 10:23pm

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RE:The problem...

Welcome aboard Kavern, and glad to hear you talking sense. I've said multiple times here that DN had no business being $3, ever. People just can't let go of the hype. Their egos were hurt by the loss, and they'd rather try place the blaim on management or short attacks or any other theory, rather then accepting that they made a bad judgement call and bought a stock that was way overpriced at the time. Me I bought high too, but I accepted my mistake and averaged down hard, so I'm good. I agree with everything youre saying here.

kavern23 wrote: The problem with DN is it should always have been 25-60 cents prior to this year so some investors that have bought higher or held for a long time are bitter.
DN is a relatively new company...takes time to build an operation and revenue.

Investors expecting quick profts in weed sector were not very smart. Takes times to build an operation and brand...lots of people were doing reckless gambling on weed stocks.

But DN's direction and strategy is sound. They can further hit the direction that makes them most profit.

I actually think retail stores is the place weed companies should be investing capital in.

Independent Store in Sheerwood park alberta that has DN weed and they sell it below everyone else. Works for now as they don't have stores in Edmonton but margins would improve when they get more stores. I think Sherwood park indepdent sells alot of DN weed. probably a good way to get rid of extra stock. Dn still makes money when indepdents are selling.

DN weed is decent. Way better joint then Aurora.

I expect DN to continue with that.

But being based in Manitoba is a solid idea. Poltiically do you think any gov in Man wants jobs to disappear? Dn is becoming a decent provider of jobs for Winnipeg...sure this is looked apon favorable.

Relax and be patient. This isnt a quick rich scheme. Buy cypto currency if you desire that.