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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 > Q2 release?
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Post by gnote1 on Jul 23, 2022 9:26pm

Q2 release?

Expect the Q2 release by mid August. Hopefully not delayed by the court case Uncle Sam Manitoba vs Delta 9 and Uncle Sam's Alberta former owner. Court case was adjourned last week so Alberta's former owner has more time to submit evidence. No date set. 

Having said that a 20 million quarter or close to that number is quite possible.

Comment by cashworx22 on Jul 24, 2022 6:24pm
This post has been removed in accordance with Community Policy
Comment by golfyeti on Jul 26, 2022 11:17am
  You must be expecting quite a seasonal increase in retail sales.  Because pods sales slim to none lately, I don't see quite $20 million in revs this quarter.   Pre-Uncle Sams sales were $12 million,  last reported quarter.  Uncle Sams store sales might add close to $4 million this quarter.  I might add a 10% bump for seasonal effect so my "crystal ...more  
Comment by gnote1 on Jul 26, 2022 7:23pm
Good call,  You win! Good numbers. 
Comment by gnote1 on Jul 27, 2022 9:10am
Will interesting to see the breakdown of revenue streams. "Sequentially and year over year, Delta 9 anticipates another record quarter with all three business units contributing to the success of the quarter," said John Arbuthnot, Co-founder, and CEO of Delta 9. "We remain optimistic that the second half of 2022 will continue to outperform the first half of the year for Delta 9 ...more  
Comment by golfyeti on Jul 27, 2022 10:17am
Thanks. I kind of nailed it there.  A blind squirrel does finds the odd acorn, lol I liked this line, my highlighting:    "We remain optimistic that the second half of 2022 will continue to outperform the first half of the year for Delta 9. Q3 appears to be off to a good start.  I think we will learn a lot from Q3 financials, including how new revenue streams (cross ...more  
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