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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 Binkyman69on Nov 01, 2021 10:53pm
130 Views
Post# 34075771

RE:Delta 9 Market cap is lowe rthan revenue

RE:Delta 9 Market cap is lowe rthan revenue
knights101 wrote: Normally the market cap should be highter than the total revenue..I find the the revenue for this 3Q is a little low..I was thinking 17 million...but by the end of this year DN9 should have revenue over 60 million...an improvement but we see things are slowing down..now they need to show positive earning soon.


Lol by the end of the year your hoping revenue is 17m ?... they have 3 more quarters to come up w 11m or else this thing gets converted into oblivion bud.. that's the main issue here. Greasy move for Joanne to dump 300000 shares before they drop these numbers. Expenses going thru the roof w all these store openings. I'm probably done w this company. debentures going to get extended another year I bet.. FYI for any1 thinking of dipping in here, shareholders come last..tons of share based comps for execs selling at all time lows, employees all get 2 dollars an hour covid risk pay..shareholders come in last.. crushed SP last few years 0 chance any1s made money on this thing.
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