Winnipeg-based cannabis licensed producer (LP) and retailer
Delta 9 Cannabis Inc. (
TSX: DN,
OTCQB: DLTNF,
Forum) has announced guidance on select fourth quarter and year end results ending December 31, 202, based on preliminary results:
- The Company anticipates net revenues for the three-month period ending December 31, 2021, to be between $16.6 million and $17.4 million. This compares with:
- $14.15 million for the same period in 2020, an increase of between 17% and 23%.
- $15.2 million sequentially from the third quarter of 2021, an increase of between 9% and 14%.
The Company anticipates net revenues for the year ending December 31
st 2021 to be between $61.8 million and $62.6 million, compared to $52.1 million for the same period in the prior year.
John Arbuthnot, CEO of Delta 9, commented:
“We are anticipating reporting strong year-over-year and sequential revenue results for the fourth quarter of 2021. Delta 9 is working to differentiate itself from its peers by posting strong financial and operating results and continuing to grow its revenue streams from its three core business units.”
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FULL DISCLOSURE: Delta 9 Cannabis Inc. is a client of Stockhouse Publishing.