Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Delta 9 provides preliminary Q2 results; sales rising as much as $13.2M

Stockhouse Editorial
0 Comments| July 31, 2020

{{labelSign}}  Favorites
{{errorMessage}}

Click to enlargeWinnipeg-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 14th.



New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks.

For more of the latest info on Cannabis, check out the Cannabis Trending News hub on Stockhouse.



{{labelSign}}  Favorites
{{errorMessage}}

Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today