Delta 9 Cannabis Inc DLTNF

Todays News!

[gnote1]

FIKA will receive all retail, distribution and logistic arm from D9. 

FIKA will payout the debt owed to SNDL 

FIKA will look after and find the best buyer/value for the wholesale branch of D9, 

present employees will continue to operate D9. 

trades will be paid money owed 

Shareholders will left with very little to 0.

[knights101]

if i understand..dn9 will be delisted and we will be out for good or dn9  ww be back ?

[tylerreddick]

DN shares are basically worthless.

[gnote1]

Yup. FIKA picks up all retail, logistics, distribution.  2 million for the shareholders. Virtually 0 

[golfyeti]

2 million worth of FIKA shares, ie.. 2/3 of a penny worth of FIKA shares for every DN share you own.  That's what John calls maximizing D9 shareholder value... what a douche bag!   In a couple of weeks we will all be very, very tiny FIKA shareholders. GO FIKA !!  LOL    

[unoriginal_username]

What's the stock symbol?

[gnote1]

Isn't FIKA a private company? Doesn't trade on the exchanges.  question? What happens when they sell the wholesale division of D9? Any shareholder value in that transaction?  is there time for another group to come in and make a higher offer for the retail, logistics and distribution?  not counting on a miricle here just questions? 

[golfyeti]

FIKA is private. You will never ever find out anything about the company's performance, even as shareholders. D9 Wholesale div? LOL, its a dusty phone in a gently used cubicle where office party catering is laid out. I know nothing of bankruptcy proceedings.  I suppose another offer is still possible.  But until the moron who drove the company into the ground is gone, I don't

[bestfreindo]

How do you figure 2/3 of a penny worth of FIKA shares for every DN share? is that 2millionFIKA/3MillionDNmarketCap with a 0.01 share price? I don't follow :-) hypothetically if someone averaged a penny for reference, losing 1/3 of their investment for private-company FIKA shares doesn't sound too terrible; DN shareholders MIGHT recover that 1/3 with FIKA overtime possibly more - would

[knights101]

The best for investors is we get bought out buy another company...will  know   soon

[gnote1]

DN has 352 million shares outstanding 

[bestfreindo]

okay so a 3.52Million market cap thank you - I'll follow those numbers:) DNshareholders are being offered $2million in FIKAshares: 2MillionFIKA / 3.52MillionDNmarketCAP = 0.56818182 coefficient. Investors can expect the value of their investment to decrease by a factor of roughly 0.56818182; which will then be converted into private-company FIKA shares IF the Court of King's Bench of

[Rockyinsider204]

All John cares about now is his 100k wedding in Toronto in a couple weeks.