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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 Jordan1203on May 30, 2021 5:27pm
105 Views
Post# 33294490

RE:RE:Gnote1

RE:RE:Gnote1
gnote1 wrote: Its quite possibel that changes could be coming.  John Jr is unlikely to leave (to young) , Father John  or CFO Jim Lowson are the most likely candidates to retire.  

Maybe its time to sell one of the three business segments or spin out.  B2B could be its own business especially now with USA on the radar.  Retail, Cultivation or B2B, sell or spin out with cash and shares.  

The three business segments are taking up too much time for John.  Ligten the load and concentrate on the one that has the best chnce of growth and $$$ in the future.


That sounds like a terrible idea.. garbage companies are getting bought out for nice premiums.. IMO would be best to find some sort of deal like OGI did but obv on a smaller scale.. pay off the convertible debt and wait for supply glut to clear out so prices can rebound a bit... could get the share price up and roll out more stores with less dilution. Delta 9 careers is hiring for VP of info technology I believe.. that's prob the guy who's leaving.. the head IT guy..
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