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.

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Delta 9 Cannabis Inc > Possible uptrend after Monday financials

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Comment by gnote1on Mar 29, 2024 6:52pm

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RE:RE:RE:Possible uptrend after Monday financials

Cross our fingers!

Canada’s House of Commons Standing Committee on Finance has recommended a change in how cannabis is taxed.

This major change would see the current rate of $1 per gram, or 10% of a producer’s selling price (whichever is higher), be limited to 10% ‘ad valorem’, a percentage of the wholesale selling price of the cannabis product.

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