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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 StonksOnlyGoUpon Nov 09, 2022 7:51pm
76 Views
Post# 35087031

RE:U.S. Strategy

RE:U.S. StrategyThere is no plan at this time and I don't see the beneit in having one at this time.  It could be years before the US legalizes federally. The recent legislation that solves tax issues and expunges records solves many of the issues.  Things could easily keep on trucking for years without a strong need to officially legilate at the federal level. The feds can just let the individual states do their thing.  Anyone engaged in federal level politics has to consider if it's worth "making it official" and will that net them more votes then they had or affect their popularity with certain demographics.

It's not gonna surprise us.  There will be lots of time once a real piece of legislation is draftedd to come up with a plan before it ever comes into effect.  May as well wait to strategize with current the current info at that time.

golfyeti wrote: Delta 9 must clearly deliniate thier U.S. market strategy. 

I have been following this company closely for a couple of years and to me their U.S. strategy isn't being communicated clearly.  I thought it was about pod sales, and I know they have been trying there  already, but I can't remember the last time we sold even a single pod anywhere.

We shouldn't expect a share price reaction to U.S. legalization if cannabis industry investors don't clearly see Delta 9 as a legitimate participant in that market.




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