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 > Guidance due this week!

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Post by golfyetion Oct 04, 2021 1:31pm

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Guidance due this week!

I can't wait!!

Anyone care to speculate on the revenues they announce? $19.5 million is my guess.

We are currently trading at 0.8 times sales. I also speculate that by xmas we will be trading at 1 X sales, which is very conservative when most cannabis companies are trading at 3+ times sales despite most losing hundreds of millions annually. One time sales would translate to $0.60 DN share price. "Just" a 50% increase in the SP... a 3 X sales allocation would give DN a SP of $1.75...

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