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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.


GREY:DLTNF - Post by User

Delta 9 Cannabis Inc > Results are out.....
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Comment by Warranton May 17, 2021 9:48am
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Post# 33213325

RE:Results are out.....

RE:Results are out.....Definitely disappointed...I was maybe overconfident with their conservative approach leading to slow and steady growth but it seems the overall demand just isn't there. I don't think they're neccisarily doing anything wrong however they consistently have inventory write offs now also. Could be seasonal but I have been far too optimistic for far too long. I'll be trimming my position by about 50%.
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