NINE.V - Delta 9 Cannabis Inc.

TSXV - TSXV Delayed Price. Currency in CAD
1.2100
+0.0100 (+0.83%)
At close: 3:59PM EDT
Stock chart is not supported by your current browser
Previous Close1.2000
Open1.2000
Bid1.2000 x N/A
Ask1.2400 x N/A
Day's Range1.1800 - 1.2400
52 Week Range1.1800 - 1.7500
Volume74,778
Avg. Volume92,761
Market Cap106.133M
Beta (3Y Monthly)-0.21
PE Ratio (TTM)22.41
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • CNW Group18 days ago

    Delta 9 Reports Record Revenue for Q1 2019

    WINNIPEG , May 30, 2019 /CNW/ - DELTA 9 CANNABIS INC. (TSXV: NINE) (OTCQX: VRNDF) ("Delta 9" or the "Company"), is pleased to announce financial and operating results for the first ...

  • CNW Group2 months ago

    Delta 9 Reports Record Revenue for Year End 2018

    WINNIPEG , April 22, 2019 /CNW/ - DELTA 9 CANNABIS INC. (TSXV: NINE) (OTCQX: VRNDF) ("Delta 9" or the "Company"), is pleased to announce financial and operating results for the year ...

  • CNW Group3 months ago

    Delta 9 Provides Guidance for Fiscal 2018 Results, Anticipating Revenues of $7.6M to $8.4M

    Based on preliminary (unaudited) results, the Company anticipates revenues of between $7.6 million and $8.4 million for the twelve-month period ending December 31, 2018, compared to $944,114 for the same period the prior year. Based on preliminary (unaudited) results, the Company anticipates revenues of between $5.3 million and $6.1 million for the three-month period ending December 31, 2018, compared with $1,251,213 for the three-month period ending September 30, 2018. Management believes that revenue growth and disciplined cost management will allow the Company to achieve positive cashflow in fiscal 2019.

  • CNW Group4 months ago

    Delta 9 Announces Future Expansion Plans Including Increase of Production Capacity to 60,000 Kilograms by 2022

    WINNIPEG, Feb. 21, 2019 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) (OTCQX:VRNDF - News) ("Delta 9" or the "Company") is pleased to provide an update on its expansion plans. Highlights include that the Company intends to increase its annual cannabis production capacity to 60,000 kilograms per year by 2022 and the expansion of its retail store network to four stores by the end of the second quarter of, 2019. "Today we are pleased to provide our long-term vision to transform Delta 9's Winnipeg based production facilities into one of the largest cannabis production, processing, extraction and distribution centers in Canada" said CEO, John Arbuthnot.

  • CNW Group4 months ago

    Delta 9 Closes sale of Calgary facility to Westleaf

    WINNIPEG, Feb. 1, 2019 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) (OTC:VRNDF - News) ("Delta 9" or the "Company") is pleased to announce that effective January 31, 2019 (the "Closing Date") it has closed the previously announced sale of its 50% interest in the Delta West extraction facility to Westleaf Inc. (TSX-V:WL.V - News) ("Westleaf"). Pursuant to the transaction, Westleaf has issued an aggregate of 5,600,000 common shares in the capital of Westleaf ("Westleaf Shares") to Delta 9 in consideration for the acquisition of Delta 9's 50% interest in the limited partnership that owns the Delta West extraction facility.

  • Westleaf Announces Acquisition of 50% Interest in the Delta West Extraction Facility from Delta 9
    CNW Group5 months ago

    Westleaf Announces Acquisition of 50% Interest in the Delta West Extraction Facility from Delta 9

    CALGARY, Jan. 28, 2019 /CNW/ - Westleaf Inc. (TSX-V:WL.V - News) ("Westleaf"), is pleased to announce it has signed a definitive agreement ("Definitive Agreement") to acquire Delta 9 Cannabis Inc.'s (TSXV:NINE.V - News) ("Delta 9") 50% interest in the Delta West extraction facility, bringing Westleaf's total ownership to 100%. Under the Definitive Agreement, Westleaf has agreed to issue an aggregate of 5,600,000 common shares in the capital of Westleaf ("Common Shares") in consideration for the acquisition of Delta 9's 50% interest in the project (the "Purchase Price").

  • CNW Group5 months ago

    Delta 9 sells interest in Calgary facility to Westleaf for $14.95 Million of Westleaf Shares

    WINNIPEG, Jan. 28, 2019 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce that it has entered into a definitive agreement ("Definitive Agreement")  to sell its 50% interest in the Delta West extraction facility to Westleaf Inc. (TSX-V:WL.V - News) ("Westleaf"). Under the Definitive Agreement, Westleaf has agreed to issue an aggregate of 5,600,000 common shares in the capital of Westleaf ("Westleaf Shares") in consideration for the acquisition of Delta 9's 50% interest in the project (the "Purchase Price").

  • CNW Group5 months ago

    Delta 9 Signs Master License Agreement with NanoSphere Health Sciences

    WINNIPEG, Jan. 24, 2019 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce it has signed a Master License Agreement (the "Agreement") with NanoSphere Health Sciences, LLC ("NSHS") and its Canadian subsidiary, NanoSphere Cannabis International Inc. ("NCI", and collectively with NSHS, "NanoSphere"). The Agreement provides Delta 9 with an exclusive license in Canada to manufacture and sell products made with Nanosphere's patented technology for the delivery of cannabinoids via nanoparticle technology (the "NanoSphere Delivery System of Cannabis").

  • CNW Group6 months ago

    Delta 9 Receives Conditional Approval for Cannabis Store in Brandon, Manitoba

    WINNIPEG, Dec. 7, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) (OTC:VRNDF - News) ("Delta 9" or the "Company") is pleased to announce it has received conditional approval from the Manitoba Government to open a new cannabis 'SuperStore' in Brandon, Manitoba. At 4,800 square feet in size, the cannabis outlet will be the largest in Manitoba and will include an onsite Cannabis Education Centre offering courses on cannabis use and safety for the general public. "There are many people who may be completely new to cannabis or may not have tried it for years or even decades," explained Delta 9 CEO John Arbuthnot.

  • CNW Group7 months ago

    Revenue Increases 312% Over Previous Year as Delta 9 Releases Third Quarter Financial Results

    WINNIPEG, Nov. 29, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") today announced its financial and operational results for the third quarter of fiscal 2018, ended September 30, 2018. The Company is also reporting working capital of $28,212,041 at September 30, 2018. The Company closed a $16,250,000 strategic equity investment from Auxly Cannabis Group Inc. ("Auxly") and executed a long-term cannabis supply agreement with Auxly during the quarter.

  • CNW Group8 months ago

    Delta 9 Update on Expansion Plans

    WINNIPEG, Oct. 26, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) (OTC:VRNDF - News) ("Delta 9" or the "Company") is pleased to announce its production and extraction plans for 2019 as well as a status update regarding its current operational expansion.

  • Delta 9 Reports Update on Retail Recreational Sales Following Cannabis Legalization
    CNW Group8 months ago

    Delta 9 Reports Update on Retail Recreational Sales Following Cannabis Legalization

    WINNIPEG, Oct. 24, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) (OTC:VRNDF - News) ("Delta 9" or the "Company"), through its Delta 9 Cannabis Store subsidiary, logged close to 9,600 transactions in the first seven days after legalization of cannabis on October 17, totaling $736,124 in revenues up to the end of day on Tuesday this week. The vast majority of revenues are attributable to sales of dried cannabis products, with the remaining coming from the sale of ancillary products and accessories. Average selling price per gram of dried cannabis sold over the first seven days of sales was approximately $11.47, with the average cost of sales for a gram at approximately $8.64.

  • Delta 9 Recreational Cannabis Sales Start at Midnight, First Retail Store Opens at 10 a.m.
    CNW Group8 months ago

    Delta 9 Recreational Cannabis Sales Start at Midnight, First Retail Store Opens at 10 a.m.

    WINNIPEG, Oct. 16,  2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce legal sales of recreational cannabis will begin at 12:01 a.m. on Wednesday, with same day service within the city of Winnipeg. Delta 9 CEO John Arbuthnot says the Company will take online orders for recreational cannabis through its website, at delta9.ca.

  • Delta 9 Closes Property Acquisition and Obtains Related Financing
    CNW Group8 months ago

    Delta 9 Closes Property Acquisition and Obtains Related Financing

    WINNIPEG, Oct. 11, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce that it has closed its previously announced acquisition of the land and 80,000 square foot building containing the Company's current cannabis production facility (the "Property") from 6599362 Canada Ltd. (the "Vendor") for a price of $6.25 million, subject to certain closing adjustments and conditions. The Company has also purchased certain cannabis grow pods (the "Equipment") from the Vendor for a price of $952,000, plus applicable taxes. The Property is located in a heavy industrial area in Winnipeg, Manitoba.

  • First Historical Shipment of Recreational Cannabis Shipped by Delta 9
    CNW Group8 months ago

    First Historical Shipment of Recreational Cannabis Shipped by Delta 9

    WINNIPEG, Oct. 10, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) (OTC:VRNDF - News) ("Delta 9" or the "Company") is pleased to announce the Company is this week fulfilling its first bulk bottled order of legal, recreational cannabis to Manitoba Liquor and Lotteries (MBLL). Under its agreement with the Government of Manitoba Delta 9 is not currently revealing the size of the shipment or the price per gram.

  • CNW Group9 months ago

    Delta 9 Qualifies for Retail License RFP in Manitoba, Extends Contract with Hybrid Financial

    WINNIPEG, Oct. 1, 2018 /CNW/ - Delta 9 Cannabis Inc. (TSXV:NINE.V - News) (OTCQX:VRNDF - News) ("Delta 9" or the "Company") is pleased to announce that the Company has qualified for the next round of retail licenses to be issued for cannabis outlets in the Province of Manitoba. Delta 9 was notified in a letter from Manitoba Growth, Enterprise and Trade that the Company has passed the initial screening for retail store applicants, and will be included in a pre-qualified list for the opportunity to enter a 'lottery' for a cannabis retail store license.

  • Delta 9 Begins Trading in the US on the OTCQX
    CNW Group9 months ago

    Delta 9 Begins Trading in the US on the OTCQX

    WINNIPEG, Sept. 21, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) (OTCQX:VRNDF - News) ("Delta 9" or the "Company") is pleased to announce the Company has qualified to trade on the OTCQX® Best Market. Delta 9 upgraded to OTCQX from the Pink® market. Delta 9 begins trading today on OTCQX under the symbol "VRNDF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. "Delta 9 joins over 40 Canadian companies that have chosen to upgrade to our OTCQX Best Market this year," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.

  • Delta 9 Announces Issuance of Stock Options
    CNW Group9 months ago

    Delta 9 Announces Issuance of Stock Options

    /NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES/ WINNIPEG , Sept. 12, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV: NINE) ("Delta 9" or the "Company") ...

  • Delta 9 Announces Changes to Board of Directors
    CNW Group9 months ago

    Delta 9 Announces Changes to Board of Directors

    WINNIPEG, Sept. 10, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce that Mr. Hugh H. Aird has joined the Company's board of directors. Mr. Aird's appointment follows the resignation of Anthony Jackson as a director of the Company. Mr. Aird is a highly respected investment banker with a 35-year career that included more than 150 completed debt and equity financings and several merger and acquisition assignments with some of Canada's top investment firms.

  • Delta 9 Announces Q2 Fiscal 2018 Results
    CNW Group10 months ago

    Delta 9 Announces Q2 Fiscal 2018 Results

    WINNIPEG, Aug. 29, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") today announced its financial and operational results for the second quarter of fiscal 2018, ended June 30, 2018.

  • Delta 9 Signs Multi-Year Agreement for Lift & Co.'s Cannabis Retail Training Certification
    CNW Group10 months ago

    Delta 9 Signs Multi-Year Agreement for Lift & Co.'s Cannabis Retail Training Certification

    The Certification was created by Lift & Co. through an exclusive partnership with MADD Canada. The Certification combines Lift & Co.'s years of experience educating legal cannabis consumers and MADD Canada's recognized expertise in responsible consumption into a self-guided online curriculum delivered through Lift & Co.'s retail education platform, with in-class components administered by MADD Canada.

  • NanoSphere Health Sciences Partners with Delta 9 for Canadian Expansion
    CNW Group11 months ago

    NanoSphere Health Sciences Partners with Delta 9 for Canadian Expansion

    DENVER, July 31, 2018 /CNW/ -- NanoSphere Health Sciences, Inc (CSE:NSHS.CN - News) (OTC:NSHSF - News), the biotechnology leader behind the patented NanoSphere Delivery System™, has entered into a partnership with Delta 9 Cannabis INC to bring products from its cannabis brand, Evolve Formulas, into the Canadian market. Recently awarded U.S. Patent No. 10,028,919, NanoSphere has just been granted market exclusivity over the standardized delivery of cannabis into systemic circulation through phospholipid nanoparticle technology.

  • Delta 9 Enters Licensing Agreement with Nanosphere Health Sciences
    CNW Group11 months ago

    Delta 9 Enters Licensing Agreement with Nanosphere Health Sciences

    WINNIPEG, July 31, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce it has signed memorandum of understanding (the "MOU") with Nanosphere Health Sciences Inc. (CSE:NSHS) ("Nanosphere"). The MOU provides that Delta 9 and Nanosphere intend to negotiate and enter into a master agreement (the "Agreement") pursuant to which Nanosphere will grant a master license for Nanosphere's patented technology to Delta 9 for all of Canada. Delta 9 may also sub-license the technology to other licensed producers of cannabis under the Access to Cannabis for Medical Purposes Regulations (the "ACMPR").

  • Delta 9 Reaches Terms on $12 Million Financing with Tier 1 Bank
    CNW Group11 months ago

    Delta 9 Reaches Terms on $12 Million Financing with Tier 1 Bank

    WINNIPEG, July 25, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce it has come to terms on a $12,000,000 loan and credit facility with a Tier 1 Canadian chartered bank (the "Bank"). The name of the Bank is not being released at this time as a non-disclosure agreement is in effect until the signing of a definitive loan agreement. Interest will float at a rate of 1.00% per annum above the Bank's prime lending rate, which at the current time is 3.45% per annum.