Winnipeg-based cannabis licensed producer and retailer
Delta 9 Cannabis Inc. (NINE) (
TSX: V.NINE)
reported preliminary second-quarter results late Wednesday, announcing the company is anticipating revenue for the quarter to come in between $12.7 million and $13.2 million.
This is an improvement from the $11.7 million in sales the company reported in its prior quarter. The Company stated that according to its expected revenue and production costs, it should generate positive cash flows from its operations in its current fiscal year.
Delta 9 will report its full second-quarter results on August 14
th.
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