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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 > The latest news release goes to show . . .
View:
Post by Canadaforoil on Nov 09, 2022 5:01pm

The latest news release goes to show . . .

the management team has no direction and is flailing in the water.  

Are you going to open retail stores and become a retail corporation, or spend all of the money on opening stores then engage a third party to wholesale to other retailers and take business away from your own stores.  

Maybe they finally realized that opening retail stores is very expensive and is is cheaper to wholesale your product to others and make profit as a producer and focus on that.  

Would be nice if they could find a direction and stay on that path until they showed profitabilty and then invest/research new revenue streams.
Comment by StonksOnlyGoUp on Nov 09, 2022 8:12pm
Oh CanadaForOil is back with another generic and uninformative post. The team has pretty clear direction.  Being vertically integrated does not mean they have no direction. They have always done both wholesale and retail.  You can only wholesale as much as you can find buyers for and their is a glut of supply in the industry.  Expanding retail creates demand for DN. There is no ...more  
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