DN.TO - Delta 9 Cannabis Inc.
| Previous Close | 0.5300 |
| Open | 0.5300 |
| Bid | 0.5400 x N/A |
| Ask | 0.5500 x N/A |
| Day's Range | 0.5300 - 0.5500 |
| 52 Week Range | 0.3300 - 1.1300 |
| Volume | 37,090 |
| Avg. Volume | 133,557 |
| Market Cap | 48.175M |
| Beta (5Y Monthly) | 0.91 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0130 |
| Earnings Date | May 14, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 1.50 |
- GlobeNewswire
Delta 9 Cannabis Inc. Announces Voting Results for its 2020 Annual General and Special Meeting of Shareholders
WINNIPEG, Manitoba, June 25, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), announced today the voting results on the election of.
- GlobeNewswire
Delta 9 Enters into Cannabis Supply Agreement with Ontario Cannabis Store
The Agreement provides for the supply by Delta 9 of branded cannabis products and accessories to OCS for sale in retail cannabis stores in Ontario and online sales of recreational cannabis products and accessories to customers in Ontario. Concurrently with entering into the Agreement, Delta 9 entered into a Data Subscription Agreement with OCS, under which OCS will supply point-of-sale data pertaining to Delta 9 product sales at the retail level.
- CNW Group
Live Investor Conference & Webinar: Cannabis Industry Companies Present June 24th
Cannabis Company Executives share vision, answer questions live at VirtualInvestorConferences.com NEW YORK , June 22, 2020 /CNW/ - Virtual Investor Conferences and KCSA Strategic Communications today announced ...
- GlobeNewswire
Delta 9 Opens Cannabis Store in Grande Prairie, Alberta
“Delta 9 is excited to bring Grande Prairie customers some of best selection of cannabis products at the lowest prices from the most popular cannabis producers in Canada,” said John Arbuthnot, CEO of Delta 9. “With this latest store opening we’re pleased to be able to offer a great value cannabis product line and a truly unique retail cannabis shopping experience.”
- GlobeNewswire
Delta 9 Enters Partnership Agreement with Manitoba Hotel Association
“We look forward to the opportunity to work with MHA members in helping them become established cannabis retailers and to distribute locally produced Delta 9 branded cannabis products throughout Manitoba hotels.” This opportunity provides Delta 9 access to the MHA membership to canvass and develop interest in establishing cannabis retail outlets and selling Delta 9 cannabis products on site in Manitoba hotels.
- GlobeNewswire
Delta 9 Enters Newfoundland and Labrador Market; Acquires Shares in Oceanic Releaf Inc.
Delta 9 has also entered into an agreement with the Province of Newfoundland and Labrador, Newfoundland and Labrador Liquor Corporation (“NLC”) and Oceanic pursuant to which Delta 9 will supply cannabis and cannabis-related products in that Province. "This marks Delta 9’s first direct investment in a cannabis company in Newfoundland and Labrador and when looking for opportunities to do so in that Province, Oceanic stood out as a clear choice."
- GlobeNewswire
Delta 9 Opens Cannabis Store in Calgary, Alberta
“We are thrilled to bring the Delta 9 experience to Albertan’s by opening our first of many cannabis stores in the province," said John Arbuthnot, CEO of Delta 9. “Customer response to the Delta 9 experience in our four Manitoba stores has been tremendous as we offer customers some of best selection at the lowest prices on cannabis products from the most popular cannabis producers in Canada.”
- GlobeNewswire
Delta 9 Completes Transaction to Acquire Two Alberta Retail Stores
The acquisition is being completed through the Company’s wholly-owned subsidiary, Delta 9 Cannabis Store Inc., and pursuant to the previously announced purchase agreement among Delta 9 Cannabis Store Inc., Modern Leaf and Mr. Preston Drummond dated November 21, 2019 (the “Agreement”). Kronos Capital Partners advised Modern Leaf in regards to the transaction.
- GlobeNewswire
Delta 9 Applauds Manitoba Retail Cannabis Expansion
Delta 9 will be undertaking multiple expansion strategies and applying for licenses to open additional cannabis retail outlets in Manitoba, as a part of the third phase of retail cannabis expansion announced last week by the Manitoba Government. On Friday May 22, 2020, Manitoba Minister of Crown Services Jeff Wharton announced that the Manitoba Government would be moving forward on its plan for an open and competitive cannabis retail market.
- GlobeNewswire
Delta 9 Launches New Investor Website
The new website, which launched today, has been designed to offer a user-friendly experience with improved navigation and functionality that allows investors to better understand the three pillars of Delta 9’s business. Created with the user experience in mind, the site includes many new features to help users quickly and easily navigate the site and learn about Delta 9’s corporate strategy to diversify risk with its three separate business units. “Investors now have all of Delta 9’s corporate, financial, and investment information at their fingertips.”
- GlobeNewswire
Delta 9 Reports Record First Quarter 2020 Results
WINNIPEG, Manitoba, May 14, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce financial and operating results for the.
- CNW Group
C-Suite At The Open: John Arbuthnot, Co-Founder,CEO & Director, Delta 9 Cannabis tells his Company Story. Filmed on April 30, 2020
C-Suite At The Open: John Arbuthnot, Co-Founder,CEO & Director, Delta 9 Cannabis tells his Company Story. Filmed on April 30, 2020
- GlobeNewswire
Delta 9 Provides Guidance & Timing for Q1 2020 Results
The Company anticipates direct cannabis production cost per gram of $0.98 and total cost per gram of $1.10 for the first quarter 2020, compared with $0.91 and $1.04 respectively for the fourth quarter of 2019. Delta 9 anticipates total grams of cannabis produced of 1,198,983 for the first quarter of 2020, compared with 1,305,806 grams of cannabis for the fourth quarter 2019. “We are anticipating a continuation of strong year-over-year and sequential results for the first quarter of this year,” said John Arbuthnot, CEO of Delta 9.
- Simply Wall St.
Did You Manage To Avoid Delta 9 Cannabis' (TSE:DN) Devastating 72% Share Price Drop?
Even the best investor on earth makes unsuccessful investments. But it's not unreasonable to try to avoid truly...
- GlobeNewswire
Delta 9 Receives Approval from Health Canada for Expansion to Processing Area
The Company anticipates that once the processing center is operating at capacity it will allow for processing of up to 25,000 kg/year of dried cannabis flower material. “The excess capacity in the new production line will also allow us to source premium cannabis flower from other licensed producers, including the Company’s micro-cultivation partners, for sale through our wholesale and retail distribution network.”
- GlobeNewswire
Delta 9 Achieves Milestone in Agreement with another Micro Cultivation Partner
Cypress Craft is an arms length third party in which the Company has no ownership control or interest. As one of the Company’s micro cultivation partners, Cypress Craft, entered into a Strategic Cooperation Agreement (“SCA”) with Delta 9 whereby Delta 9 provides services relating to the cannabis production facility design and construction, development of standard operating procedures and sanitation programs, consulting on Health Canada licensing, and other services supporting the acquisition of the Health Canada license.
- GlobeNewswire
Delta 9 Implements Health and Safety Precautions, Maintains Operations Amid COVID-19 Outbreak
To date the Company has been able to maintain continuous operations of its retail stores, wholesale and business to business (“B2B”) business units and has no current plans to shut down its businesses. Management continues to focus on maintaining continuity of business while implementing certain policies and procedures to protect the health and safety of our customers and employees.
- GlobeNewswire
Delta 9 Reports Year End and Q4 2019 Results
WINNIPEG, Manitoba, March 19, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce financial and operating results for.
- Baystreet
Stocks in play: Delta 9 Canabis Inc.
Provided guidance on the year-end results ending December 31, 2019 based on preliminary results The ...
- GlobeNewswire
Delta 9 Provides Guidance & Timing for Year End Results
The Company anticipates revenues for the year ending December 31, 2019 to be between $31.1 million and $31.9 million, compared to $7.57 million for the same period the prior year. The Company anticipates reporting direct cannabis production cost per gram of $0.91 and total cost per gram of $1.04 for the fourth quarter 2019, compared with $1.08 and $1.21 respectively for the third quarter of 2019. Delta 9 anticipates reporting total grams of cannabis produced of 1,305,806 for the fourth quarter of 2019, compared with 871,517 grams of cannabis for the third quarter 2019.
- GlobeNewswire
Delta 9 Announces Continued Strategic Partnership and 2.0 Cannabis Product Supply Agreement with Auxly
DELTA 9 CANNABIS INC. (DN.TO) (VRNDF) ("Delta 9" or the "Company"), is pleased to announce that it has entered into a supply agreement with Auxly Cannabis Group Inc. (XLY.V) ("Auxly") who will supply Delta 9's retail stores with a suite of cannabis 2.0 products including cannabis oils, chocolates, chewables and vape products, where permitted. Auxly and Delta 9 entered a strategic partnership in September, 2018, including a supply agreement which granted Auxly the right to purchase up to 5,000 kilograms of cannabis and 500 kilograms of cannabis trim per year until July 1, 2030. In exchange, Auxly invested $16.25 million in the Company by purchasing 5,909,090 common shares of the Company, becoming one of Delta 9's early strategic investors.
- GlobeNewswire
Delta 9 Achieves Milestone in Agreement with Micro Cultivation Partner
As one of the Company's micro cultivation partners, Because You Cann entered into a Strategic Cooperation Agreement (“SCA”) with Delta 9 whereby Delta 9 provides services relating to cannabis production facility design and construction, development of standard operating procedures and sanitation programs, consulting on Health Canada licensing, and other services supporting the acquisition of the Health Canada Licence. On February 7, 2020, Because You Cann Inc., confirmed it has reached its final milestone under the SCA and has been granted a cannabis micro cultivation license from Health Canada (the "Health Canada Licence").
- Simply Wall St.
Can Delta 9 Cannabis Inc. (TSE:DN) Maintain Its Strong Returns?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- GlobeNewswire
Delta 9 Update on Production and Wholesale Activities
Over 2019, Delta 9 worked to increase its dried cannabis production capacity at its Winnipeg based facilities (the “Delta Facility”) and to add provincial listing and supply agreements to increase its distribution capacity. Delta 9’s proprietary cannabis production methodology is based around a modular, scalable, and stackable production unit called the “Grow Pod”. Over the year, the Company received several licensing approvals from Health Canada, which increased the overall number of Grow Pods licensed as at December 31, 2019, to 297, an increase in licensed capacity of 93% from 154 as at December 31, 2018.
- GlobeNewswire
Delta 9 Update on Business to Business Activities
During 2019, the Company invested in creating a stand-alone business unit for its B2B activities and has cultivated relationships across Canada. For the year ending December 31, 2019, Delta 9 received orders for 89 Grow Pods versus orders for 6 Grow Pods for the year ending December 31, 2018.
