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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 Jun 16, 2022 2:15pm
249 Views
Post# 34762108

RE:Insider Buy

RE:Insider Buy

2Early2Retire wrote: James Lawson - June 10th - 50,000 shares @ .20

First of the year. Nice to see.

 

For those who don't know James is the Chief Financial Officer.  Its nice to see him buy shares in the market.  Gives me confidence that the company is not desperate for cash.   He could have participated in overnight offering (at 2 cents higher granted) and got 50,000 0.255 warrants, and his cash would gone into the company coffers instead.  Not sure what to make of this other than ....there isn't likely any big news pending because if there were a CFO wouldn't be allowed to be buying or selling anything.

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