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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 > Share buy back!
View:
Post by unoriginal_username on Oct 18, 2022 7:08pm

Share buy back!

What a opportunity for the company to buy up shares at a discount. The licence to produce has to be worth more then the share value. Never mind the rest of the company. !!  Or pay the shareholders in weed lols
Comment by golfyeti on Oct 19, 2022 11:31am
They just handed out nearly 20 million shares at $0.16 just to buy only three Garden Variety retail stores.  We are going to be stuck below this share price for a looooong time, that is until the seller has finished unloading these 20 million shares in the market.    By the looks of the high selling volume lately at 0.12 or below I suspect that 10552763 Canada Corp is the seller ...more  
Comment by golfyeti on Oct 19, 2022 11:41am
BTW, it is my understanding that a company that doesn't produce REAL earnings is not allowed to buy back its stock.  
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