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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

Post by Deltauseron May 17, 2021 9:10am
178 Views
Post# 33213017

Results are out.....

Results are out.....So, is it just me, or is everybody else kind of disappointed? With decrease in just about every metric, I'm a little concerned about this quarter.....

Waiting to see what the earnings call holds, but decrease in revenue, profit, transactions....Adjusted EBITDA was $6,199 for the three-month period ending March 31, 2021, versus an Adjusted EBITDA of $1.7 million for the three-month period ending March 31, 2020.

an ebitda of 6k is kind of sad, no?

I love this company, love the product, so I'm a little torn on how to feel about this....

Does anyone remember if this "seasonality" is normal from previous years? I can't (too much D9)....
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