Delta 9 Cannabis Inc DLTNF

RE:RE:RE:RE:Delta 9tlook

[StonksOnlyGoUp]

Definitely makes you wonder.  In my opinions those companies are grossly overvalued while DN is undervalued.  In the end as the winers and looser emerge I would expect more reasonable multiples somewhere inbetween

Select55 wrote: yes i understand but when you see others like ACB at $8  and they lose hundreds of millions every year it makes u wonder where any of these valuations come from hexo just paid 925 million for Redecan ;;;

StonksOnlyGoUp wrote: $3 is a little crazy I think.  Lets not forget that they still aren't turning a profit.  I know you're looking at other weed company valuations and thinking, "why not us".  Theres a number of reasons we aren't likely to get the same hype.  Still a very small cap, cannot sell weed  or own retail locations in the US, young relatively unknown CEO who has full control of the company's direction through insider ownership, and a unique growing method (the grow pods) which obviously for those who do their research should be a positive but I could see people being afraid of investing in a new and arguably unproven grow method.  Ilike it, it's smart and efficient and currenly one of the lowest cost producers.  You have to been the kind of person who is willing to invest in innovation as opposed to the safer generally acepted methods.

That said, the company is definitely worth more then it's current value I'd say and when they show investors the profit we shuould definitely get some love.  Money talks.

Any investors looking to buy in have to decide if they trust John's vision.

Select55 wrote: I reality they should be like $3 based on shares issued and revenues etc even 1x reveues would be over 55 cents

knights101 wrote: If they can pull out an amazing Q3 report..an surprise ..maybe 1.00$ by years end 2021... it would be really nice.