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 > Johnny needs to go . . .

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Comment by Anschutzon Jun 01, 2021 5:07pm

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RE:RE:Johnny needs to go . . .

The share price has slid lower practically every day since shares began trading publicly. This was a +$4 stock the week of the IPO. It's since slid lower every day/year ever since. It's down almost 90%. Management has been a disaster for anyone that entrusted them with their investment capital. Majority of investors, friends and even family members are disgusted with the performance. This is what happens when people are put into positions they are ill equipped to handle. Much the same as the state of Canada under Trudeau and his cabal of incompetent cabinet ministers.

StonksOnlyGoUp wrote: The share price hasn't dropped 80% from start up. Clearly you don't understand this company or the sector.

Canadaforoil wrote: as he has allowed the share price to drop around eighty percent from start-up. Issuing unnecessary debt killed the share price and his ideas of growth are poor at best. When you are a new company, focus on what you do best, attain that goal then start to diversify with the positive cashflow that you have created from your core business. This has been a mess for the last two years, expanding brick and mortar retail shows a lack of business accumen. If you have a great product, people will come to you, you are not a Starbucks and do not need expensive stores all across the city. Stop cannabalizing your own stores with expensive leases. If Johnny stays, this company will be just like "socials", only a Manitoban knows what they are.