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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

Post by unoriginal_usernameon Nov 24, 2022 6:50am
243 Views
Post# 35124425

Cash burn rate

Cash burn rateUnfortunately you can't run a business losing money. Check out pure gold  cash burn 9 million a month income from gold 20 million. They shut the door and put the mine in maintenance. Delta Nine is no exception to the rule . IMO unless they're expecting a government hand out which I doubt.  buying more stores when you're losing money is dead money glta
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