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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 StonksOnlyGoUpon Apr 15, 2022 4:51pm
116 Views
Post# 34606883

RE:RE:RE:RE:RE:More News

RE:RE:RE:RE:RE:More News What you're saying doessn't make sense.  The company cannot be bought out as too many shares are owned by insiders.  It would be moronic to try an aggressive take over.  No one is going to sell their stake in their company because some shorters come around and trick the open market into valueing the shares lower.  Jon has realtime access to the company's financials he knows what is it worth and what can be accomplished and he' not gonna sell his hard work away for peanuts because SP dropped.  Like any rational person he'll continue building it into profitability and if the market still doesn't want it he could just buy back or institute dividends and pay himself.  There is no incentive to sell the company and n incentive for anyone to try force them too bcause it cannot be forced.

Go look closer atthe charts. SP dropped along with the rest of the weed bubble twice.  It also dropped again with covid.  If your CD theory was valid then why didn't we see a nice bump back up when the anouncemnt was made that they would be paid?  The simple answer is the same obvious one:  The compnay remains unprofitable, has a unique operational method which introduces more risk into an already risky micro cap play in a speculative market, and it is headed by a new unproven CEO.  DN is a high risk, high reward investment and only those who do ther research and get on board with Jon's vision are going to buy.  Most investors are going to feel more comfortable with bigger brand name companies.
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