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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.


GREY:DLTNF - Post by User

Delta 9 Cannabis Inc > And the share price BEAT DOWN goes on....
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Comment by StonksOnlyGoUpon Jul 05, 2023 11:44pm
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Post# 35528509

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:And the share price BEAT DOWN goes on....

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:And the share price BEAT DOWN goes on....Canadian Insider was actually my first stop (super useful site) and I didn't see it there, but of course they have 5 days to officially disclose.  Also, for sure it is a very reasonable assumption.

The Sundial selling is worrisome, the amounts aren't far off what the interest payments would be on the loan.  It may be possible that DN paying that bill in shares and Sundial is selling them.  This is wild speculation of course, but I'm curently trying to sell the big batch of shares I bought to averge down at 5 cents, hoping for a small profit.  Keeping all my long term holdings I bought prior, but I'm thinking it may be better to wait til after the next quarterly report to average down hard (depending on the news).  There's been some great news lately but it's hard to imagine Jon selling so much if he knew a good quarter was just on the horizon.  Thinking we may have to wait at least one more quarter to really see those good news points trickling through.


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