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.

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Delta 9 Cannabis Inc > Delta 9

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Comment by gnote1on Nov 19, 2022 10:49am

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Post# 35112521

RE:RE:Delta 9

They plan on opening two new stores by the end of the year and another early in the new year.

jobs advertised for Dauphin Mb., and Norwood.

How they propose financing these stores in unknown. Cash, (don't have) shares (more dilution) debt financing that's in place?

they are rolling the dice that their revenues will pay the debt.

They have assets of 96 million and their debt is 78 million ( if I remember correctly)

revenues will have to cover operating expenses, debt re payments with interest

if revenues don't increase into the 20-25 million per quarter. Can't survive.

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