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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 golfyetion Dec 16, 2022 9:49am
256 Views
Post# 35175463

RE:VOLUME

RE:VOLUME

Nah, this is selling from the Cdn numbered co. that received 20 million DN shares as payment for three Garden Variety retail stores.  The DN News Release on the closing of this deal even warned shareholders that these shares may be divested in the market.   Until these 20 million shares are sold off the DN SP is going nowhere but down.   But once they are done selling we should see a SP rebound.   My guess is that they are aren't half done yet.

We should have never blown our financial brains out for three literally 'garden variety' stores.  Stupid as stupid gets.  

Let's all hope that they have learned their lesson and will step-up their game is proving out their business model.  LIke I have said before, they haven't done that yet and they are spending our capital like drunken sailors on shore leave.

Just my humble opinion. 

N.B. You should what I have to say when I am not so humble... but I suspect that language filters on this forum wouldn't allow me to, lol.

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