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 > Growth means Financing!

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Comment by Anschutzon Jul 31, 2021 1:08pm

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RE:Growth means Financing!

Further dilution at the current share price would be suicide. DN needs more interest amongst the investment community and a much higher share price before considering dilution.

gnote1 wrote: Growth means financing through use of balance sheet, Private placements, partnerships and Financial institutions. Relatively young company in a young industry.

DN has 102 million shares oustanding OS

Christina Lake 112 m shares
WEED 393 million
Tilray 446.16 million
HEXO 152.39 million
Decibal 349.21 million
Aurora 198.05 million

DN does not use dilution as a first means to fund expansion. Aug 16th financials will be interesting.