Delta 9 Cannabis Inc DLTNF

RE:RE:RE:RE:RE:RE:RE:RE:Delta 9 Q2 report?

[StonksOnlyGoUp]

Justwanted to echo Golf yeti that captring existing successful stores is a good strategy because theyaren't opening new stores into a saturated enironment.

Why do you think the company isn't managed well?  They've been steadily growing for years and as basically a new company it's not uncomon to take years to build enough to become profitable.  They were almost there and then this hyperinflationary environment has deffinitely hurt sales delayiing the posibility of profitability some; hopefully the new stores will alow them to brek positive Q4 or Q1 next year.

A full on recession would likely bring harder times and delay things further.

Also to addres your concerns about store locations:  They cannot buy in Ont because Ont doesn't alow for vertical integration.  They do have some stores in SK but yes I"m sure they'l try to aquire more i the future.  Buying store in winnipeg gives them a strong hme town advantage.  t is verycheap for them to sell thier own weed out of these stores a the produciton facility is in the same city.  They're also a low cost producer with already established logistics in the region.  I think they will likely be able to operate these stores cheaper than the last owners allowing them to be even more accretive.  So I agree that trying to open more winnipeg stores is probably not the best idea with the extreme saturation of weed stores pretty much every where, however, aquiring stores that are already successful is helpful because they are already demonstrated to have a good location so they're not competing against themselves aand aquiring a more dominant position in the region where they have the bigest advantages.