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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 2Early2Retireon Aug 17, 2021 12:42pm
180 Views
Post# 33717337

RE:RE:RE:Experience and credibility!

RE:RE:RE:Experience and credibility! 2 years ago (give or take) pretty much every LP was traded at higher SP than today. Why? Everyone over evaluated these legal weed companies. Two years later we are at levels that are more reasonable for a new sector. I know some folks bought in on DAY1 at around the $2.50 mark. If you are still in, I get it you're pissed, but you need to realize that is on YOU. Hell, I bought in at $1.52 thinking at the time it was a good deal, while being mostly ignorant of SP volatility for an emerging market.
I learned. I researched. I talked to people who do this for a living. They all agreed I may have bought in too high. 
During my research read D9's Phased plan. As far as I can see, they are meeting their stated goals or adjusting and pivoting as the market matures within the timelines they set out.
I like what I see, and feel comfortable placing my money down. I've averaged down, and am now in a position that I feel very comfortable with. 
Patience is required. That said, patience and investor good will can only go so far.
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