Delta 9 Cannabis Inc DLTNF

Healthcare Cannabis

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.

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Delta 9 Cannabis Inc > DN: Time to prove the VI business model

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Comment by 2Early2Retireon Sep 28, 2022 1:36pm

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RE:DN: Time to prove the VI business model

Got some bad news for you then, (yesterday?) CBC Manitoba had a story about cannabis retail hitting the saturation point country wide. They interviewed John (nothing he said was new), but they did mention D9 is looking at MORE acquisitions within next 6 months.

I agree that they need stop using shares as currency, and stop over paying with those shares. Those three new stores are nice, but they are NOT worth the cash equivalent of about a million dollars each.

All that said, John and a few of the other insiders are increasing their own D9 share portfolios, so that at least is encouraging.

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