Delta 9 Cannabis Inc DLTNF

Thinking of Uncle Sam...

[Deltauser]

I'm curious about what everyone's predictions for 100m revenue are based on, because of the uncle Sam's M&A.

Is everybody just thinking that these stores will produce the revenue of the Dakota flagship store, or are we talking about the little hotel places....?

I don't have a hot clue what the type, revenue (TTM), location of all these Edmonton stores are.

I know that D9 has put a lot of care and DD into the set-up and location of their stores. D9 has obviously considered traffic, ease of access, available market etc...

Do we know anything about the quality of these Uncle Sam's places? Are there 3 on one block, is the market over saturated, why couldn't Uncle Sam make a go of it? Why were we able to buy them all at such a 'great dea'?, Does Uncle Sam know something we don't?

I have no idea, just speculating here (pun intended).

Any insight from you guys who read all the SEDAR salad?

[golfyeti]

OKay this is how I get to $100 M run rate within four quarters or sooner.  Simple math really and conservative growth estimates. They paid $14,296,000 for Uncle Sam stores and said they paid 0.68 of annualized revnues.  That means Uncle Sam's annualized revenues are today $21,024,509.  Delta 9 recorded $62 million in revenues last year.  So our annual run rate combined is

[Deltauser]

Your math checks out bro, Thanks for that. I'm just wondering about the apples to apples comparison. The entire industry is "consolodating", and even John talks about over-saturation of stores. I just wonder about the quality of Uncle Sam's stores vs. D9 originals. But the numbers seem to speak for themselves

[Sage4Puck]

Indeed, what happens in the USA will impact us here north of the border. Truth is that cannabis overall is coming down from its highs ;-)