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Bullboard - Stock Discussion Forum 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... see more

GREY:DLTNF - Post Discussion

Delta 9 Cannabis Inc > He is clearly indicating . . .
View:
Post by Canadaforoil on Jul 30, 2021 8:00pm

He is clearly indicating . . .

no profit or fcf for Q2.  If they do anything else to raise capital, via stock issuance or debt, they will drop like a rock to $.30.  You need to do one thing well, get your operations in order.   Then think about different revenue streams and growth.   Get one thing right first.
Comment by Northboy44 on Jul 30, 2021 10:38pm
Very disappointing investment..dont matter how many stores they open ,,if they are not making profit...better to open popcorn srand more profit less help
Comment by unoriginal_username on Jul 31, 2021 2:10pm
Watched the new video. He is using profit to reinvest in the company while cutting operating costs What I find amazing is the level of scrutiny this company gets compared to others . Makes me think definite manipulation from some of the big boys trying to hold Manitoba back. IMO I can see why the big boys would be nervous Delta Nine has a sustainable growth plan and Is setting the bar in the ...more  
Comment by StonksOnlyGoUp on Jul 31, 2021 2:42pm
How did you come to the conclusion that indicated no fcf or profit in q2?  No where at all did he mention anything about q2 results and with good reason, the official report isn't out yet and like a good CEO he's not letting anything unofficial slip (unlike Elon).  Get a grip and stop blantantly misrepresenting things. As for raising capital, I agree for the most part no one ...more  
Comment by Blackberry5 on Jul 31, 2021 5:32pm
I can agree with that and would add that they are already ehbita and cash flow+, says so on the presentation.   What I got out of the last interview that I posted a day or so ago, is that in terms of expansion plans, they're fine tuning their existing output too 10-12000kg annually from approximately 8600kg annual run-rate, over the next 12-18months before expansion is even considered ...more  
Comment by knights101 on Aug 01, 2021 9:08pm
Great comments..I have been here for awhile...and I know they will do well ..its a question of when..John did say NASDAQ "it's not if but when" in the last video. 0.40 cent we hit this in the 29th of November 2019 so it not good, we can all agree.But when VLNS went on NASDAQ the stock went to 4.00 from 1.80 and stablized at 2.70..but forget that for now and hope the next Q reports ...more  
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