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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 9 Investors.
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Post by knights101 on Jun 07, 2022 7:29pm

Delta 9 Investors.

Some arre leaving with a lose on this ticker..as for me and most , we are very upset with this move the company did...John needs to get an interview and explain this move..
Now we have even more shares in the pot and I get the feeling they will do a reverse slit later and us old investors get it bad..just my feeling..I hope I am wrong. I don't understand with revenu going up in the next few Q's to finish at around 100million by years end ...the stock is evaluated at less than 25million.
Comment by 2Early2Retire on Jun 07, 2022 8:01pm
Thankfully there is still time to make your voice heard for the voting at the ASM.  I changed my vote for John and the rest of the BoD, to withheld.  I know it won't make a lick of difference when all the votes are tallied, but that's not the point. I generally like what the team have been doing, but this Overnight Marketed Public offering along with the 5 million Dollar loan ...more  
Comment by knights101 on Jun 07, 2022 8:10pm
I agree and the 5 million, i forgot about that..what the hell are they doing with all this money..I hope they are not pocketing for themselves...I hope everything is legal and working on surprising us with some big news  soon.
Comment by gnote1 on Jun 08, 2022 3:52pm
Yes there was the 5 million from a private shareholder and now the 2 million dollars.  Is the money being used for day to day expenses and to meet payroll or is it being used for growth and aquisitions?    The private shareholder is receiving a nice premium in interest rates and must have some inside knowledge to give confidence to provide the $5 million loan.   We need ...more  
Comment by Oldtimern on Jun 09, 2022 12:06pm
When it is darkest, it is time to by, say some, littel frustration and unbelevebel that cannabis stocks going down down and down,many on alltime lows, when more and more countries open upp fore legalisations of cannabis, Thailand today fore exampel. But the market sleep deep. IF Us do same thing, i th8nk cannabis stocks rally agAin.
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