GREY:DLTNF - Post by User
Comment by
Binkyman69on Nov 15, 2021 1:14pm
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Post# 34127980
RE:RE:RE:Another Strong Q!
RE:RE:RE:Another Strong Q!gnote1 wrote: Once again all ery positive
(Still hopeful for 20!)
Delta 9 continues to make progress on its goal of having 20 stores open in the near term. Delta 9 will accomplish this through select strategic acquisition targets and a focus on retail store build-outs at convenient and high traffic shopping locations.
(I wonder how much of the $200 milllion of quotes are for D9 Grow pods??)
Delta 9 entered into a partnership with Cultivatd to compliment the Company’s B2B sales team by helping to target Grow Pod sales opportunities in Canada and the United States. Cultivatd is an indoor farming technology broker that connects people and businesses with the proper vertical farming technology for their needs. Cultivatd currently has $200 million of quotes in the pipeline with prospective clients in Canada, the United States and Australia.
any1 have any idea what the most likely path forward is with the convertible debt.. john mentioned a few times update should be soon and highlighted strengthing the balance sheet. IMO would be a better idea to convert at a reduced price (not 40c per share though) and get SP up then issue shares rather than extend the repayment deadline and continue to have suppressed SP. Strengthened balance sheet would mean converting at reduced SP and getting the debt off the balance sheet im assuming.