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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 Aug 10, 2023 10:05am
128 Views
Post# 35581546

RE:Delta 9 has to do like Tilray today

RE:Delta 9 has to do like Tilray today

beer segment a good idea?  IDK.  It all depends on their ambitions there. It concerns me about where they want to take this.  Are they thinking of going really big (acquisition perhaps) or are they more cost effectively in-house brewing a SKU or two as an addition to their existing beverage offerings, to test the market before commiting huge capital costs and/or shareholder dilution.

I want Delta 9 to stick to their knitting. Get profitable first. Keep chipping away at operating expenses and build out the segments they already have, especially the the grow-pod sales where they have the largest margins.  

I would also prefer that they build out their automated joint production capacity.  Again, a higher margin product since cost reducing automation tech has been bought, and because the pre-roll convenience represents value that consumers are willing to pay extra for.  

Prove your existing business model first.  Only then go explore and try your hand in other business lines. 

JMHO

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