Post by
Schwag on Feb 05, 2021 12:50pm
more stores = more revenue
By my count DN has added 6 new stores in 2020 including 2 in alberta and 1 in Sask. It sounds as if the Alberta stores are not as profitable as the Manitoba stores but nevertheless we managed to nearly double our revenue compared to the previous year. The retail portion of the company has been one of the most profitable so obviously we are going to be adding more stores. the goal is to have 20 stores by the end of 2021 so its probably safe to say that our revenue will double again by adding 11 more stores, especially if we focus on greener pastures (not Alberta). This means that we may be looking at more than 100 million in revenue in 2021. This is not a number to be scoffed at. Comare this to Next Green Wave which has only half our revenue but is currently trading at nearly double our SP. You can make similar comparisons everywhere you look in the cannabis sector. we may not be noticed right now but we will be and when that happens buckle up and enjoy the ride!
Comment by
unoriginal_username on Feb 05, 2021 8:22pm
I like that were teaming up with the hotels , talk about exposure and convenience buy your beer and bud at the same place , this is a big win for Delta Nine once they open the pubs and life Returns to some kind of normal , I can't see a lot of celebration at the local pubs, more distribution and exposure and the revenue will flow exciting times ahead !!!