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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 > Delta 9tlook
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Post by knights101 on Sep 25, 2021 11:35pm

Delta 9tlook

If they can pull out an amazing Q3 report..an surprise ..maybe 1.00$ by years end 2021... it would be really nice.
Comment by unoriginal_username on Sep 26, 2021 8:44am
Compare Decibal to Delta Nine and ask yourself why Decibal is valued at 90 million 403 million outstanding shares and Delta is 43 million and 104.91 million outstanding shares and now 7 th out of 448 business in Canada time to back up the truck lols if there's any left to buy IMO GLTA  
Comment by StonksOnlyGoUp on Sep 27, 2021 2:57pm
I was doing that comparison recently; what a joke eh?  What's really funny is if you lok back on the Westleaf chart when DN sold them their half of the extraction facility.  When DN owned it no one cared, sudden Westleaf owns it and they're shares rise some insae amount to like 3.50 a share lol een though they had no real revenue, no completed facility, and zero revenue at the ...more  
Comment by Select55 on Sep 27, 2021 2:36pm
I reality they should be like $3 based on shares issued and revenues etc even 1x reveues would be over 55 cents
Comment by StonksOnlyGoUp on Sep 27, 2021 3:09pm
$3 is a little crazy I think.  Lets not forget that they still aren't turning a profit.  I know you're looking at other weed company valuations and thinking, "why not us".  Theres a number of reasons we aren't likely to get the same hype.  Still a very small cap, cannot sell weed  or own retail locations in the US, young relatively unknown CEO who has ...more  
Comment by Select55 on Sep 27, 2021 3:44pm
yes i understand but when you see others like ACB at $8  and they lose hundreds of millions every year it makes u wonder where any of these valuations come from hexo just paid 925 million for Redecan ;;;
Comment by StonksOnlyGoUp on Sep 28, 2021 6:13pm
Definitely makes you wonder.  In my opinions those companies are grossly overvalued while DN is undervalued.  In the end as the winers and looser emerge I would expect more reasonable multiples somewhere inbetween
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