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.

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Delta 9 Cannabis Inc > Looking forward to Q2 results!

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Post by gnote1on Mar 19, 2024 12:59pm

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Looking forward to Q2 results!

Over the past couple of weeks volume has been higher then usual with the SP at .02-.025.

Is D9 using their ATM to bring in some cash to keep the lights on or to invest in more retail?

Today there is 3.5 million on the ASK .025 just before the financials should be released by April 1st.

By all accounts revenues should be higher Q4 2023 and year end 2023. As John said on TV, retail was up 44% in 2023. If correct that be huge! So who is on the ask at 3.5 million at such a low share price.
Why not wait for financials? Someone or some entity wanting to pad their portfolio with shares?

Some clarity would be in order!

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