Delta 9 Cannabis Inc DLTNF

Creditors list!

[gnote1]

Creditors list is extensive with $133,000,000 oweing. 

SNDL being one! 

so won't be anything left for shareholders as many expected. 

lesson learned!

[VybzKartel]

That 133m total includes intercompany debt amongst the d9 group of companies.  The consolidated  debt figure on their March 31 balance sheet was $80m, half of which is SNDL. I imagine FIKA cancels bagholders D9 shares in and replaces with FIKA shares.  Hopefully they provide opportunity in future to get in on secondary sale of FIKA shares or new issuance.  Might be the only

[gnote1]

Thanks much for the accounting info,  FIKA needs to sell the cannabis wholesale. Warehouse infrastructure. 300 pods , seed bank, and automation equipment for a few million. 

[VybzKartel]

The only thing that makes the grow infrastructure attractive is the GACP certification and potential to export product to Europe.  Maybe Curaleaf or their subsidiary Northern Green scoops it at fire sale prices...

[gnote1]

Well maybe D9 shareholders can receive a few more FIKA shares. Can stay in the game and like you said a way to recover some of their investment in D9! 

[knights101]

Let Fika keep everything in place.....get all the management team out and just on that you save millions a year.

[VybzKartel]

D9 board of directors and executive team should be banned for life from ever managing a company again.  Absolutely incompetent.  

[knights101]

cannabis stock all up today...really upset  with   dn  9

[gnote1]

All shareholders should be upset! The executive's will make off like bandits and will be well paid even when everything is sold. The new company will need their so called expertise to manage the affairs. I see Vice Predident in their future as part of any sale. 

[mainlyfats]

Do you think this is likely?  

[mainlyfats]

Sorry - forgot to quote - re: ending up with another company's shares...