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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 17, 2022 2:32pm
151 Views
Post# 34689883

RE:Thinking of Uncle Sam...

RE:Thinking of Uncle Sam...

OKay this is how I get to $100 M run rate within four quarters or sooner.  Simple math really and conservative growth estimates.

They paid $14,296,000 for Uncle Sam stores and said they paid 0.68 of annualized revnues.  That means Uncle Sam's annualized revenues are today $21,024,509.  Delta 9 recorded $62 million in revenues last year.  So our annual run rate combined is, today, about $83 Million (today, $20.75 Million per quarter).  5% per quarter growth rate (way lower than D9's history) and you get to $25.22 Million per quarter or in other words a $100.8 Million run rate.

 

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