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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 golfyetion May 16, 2022 8:09pm
162 Views
Post# 34687850

RE:RE:D9 Financial Call today

RE:RE:D9 Financial Call today

Revenue will certainly rebound in the next quarter because it will include for the first time revenues from the Uncle Sam stores (and additional DN stores).  None of the revenues from that acquisition has been included in financials yet.  After some thought, perhaps not by end of this Q4, but certainly within four quarters I forecast $24- $25 M in quarterly revenues, ie $100M/yr revenue run rate. Who knows what to expect from the provincial distribution licence in terms of revenues.  No quantification of that was given during the Q&A.  Yeah, I think it is conservative to spreculate that we are within four quarters of a $25M+ revenue quarter.

And THAT kind of performance ladies and gentlemen, is how you grow business into an empire.

GLTA longs

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