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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 Merzar37on Mar 31, 2021 9:23pm
114 Views
Post# 32920180

RE:RE:RE:RE:Retail!

RE:RE:RE:RE:Retail!They grew more than they could sell and inventoried it at a value higher than they can sell it for.  Glad  to see the write down.. May as well deal with real numbers.

They will need to be carful with market saturation on the retail side.

All in all, pretty decent.  They positive EPS is there, if they didn't need to write off the mistakes. 
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