NINE.V - Delta 9 Cannabis Inc.

TSXV - TSXV Delayed Price. Currency in CAD
1.0300
+0.0300 (+3.00%)
As of 3:59PM EDT. Market open.
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Previous Close1.0000
Open1.0500
Bid1.0300 x N/A
Ask1.0500 x N/A
Day's Range1.0300 - 1.1300
52 Week Range0.9200 - 1.7500
Volume68,729
Avg. Volume83,385
Market Cap89.362M
Beta (3Y Monthly)N/A
PE Ratio (TTM)19.07
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
  • Westleaf Signs One Year $4 Million White-Label Cannabis Derivative Product Sale Agreement with an Option to Increase to $16 Million
    CNW Group

    Westleaf Signs One Year $4 Million White-Label Cannabis Derivative Product Sale Agreement with an Option to Increase to $16 Million

    CALGARY, July 24, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News), is pleased to announce that its subsidiary, Westleaf Labs LP, has entered into a white labeling agreement with Delta 9 (TSXV:NINE.V - News)(OTCQX:VRNDF - News) to supply approximately $4 million of cannabis derivative products from its large-scale extraction and manufacturing facility located in Calgary, known as The Plant. Under the terms of the agreement, the contract will begin on October 1, subject to receipt of final license approval from Health Canada, and will carry an initial term of one year, whereby Delta 9 will be required to purchase a minimum of ~$4 million of various white labelled derivative products (such products are expected to include a mix of vape pens, gel caps, tincture oil, and edibles) with an option to increase such amount up to $16 million per year.

  • Delta 9 Signs One-Year White Label Cannabis Derivative Manufacturing Agreement with Westleaf
    CNW Group

    Delta 9 Signs One-Year White Label Cannabis Derivative Manufacturing Agreement with Westleaf

    WINNIPEG, July 24, 2019 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:DN) (OTCQX:VRNDF - News) ("Delta 9" or the "Company") is pleased to announce that its subsidiary, Delta 9 Bio-Tech Inc., has entered into a one-year white labeling agreement with Westleaf Inc.("Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News) to supply approximately $4 million of cannabis derivative products from Westleaf's large-scale extraction and manufacturing facility located in Calgary, known as The Plant. Under the terms of the agreement, the deliveries of cannabis derivative products will begin on October 1, 2019 subject to receipt of final license approval from Health Canada for The Plant, and will continue an initial term of one year. During this initial year, Delta 9 will be required to purchase a minimum of approximately $4 million of various white labeled cannabis derivative products (subject to regulation, such products are expected to include a mix of vape pens, gel caps, tincture oil, and edibles) with an option to increase such amount up to $16 million per year.

  • Delta 9 Announces Commencement of Trading of Debentures and Warrants and Change of Trading Symbol
    CNW Group

    Delta 9 Announces Commencement of Trading of Debentures and Warrants and Change of Trading Symbol

    WINNIPEG, July 24, 2019 /CNW/ - Delta 9 Cannabis Inc. ("Delta 9" or the "Company") (TSXV:DN) (OTCQX:VRNDF - News) is pleased to announce that the Company's 8.5% unsecured convertible debentures maturing July 17, 2022 (the "Convertible Debentures") and common share purchase warrants expiring July 17, 2022 (the "Warrants") that were issued pursuant to the Company's short form prospectus offering that closed on July 17, 2019, will commence trading on the TSX Venture Exchange on the date hereof. The Convertible Debentures will trade under the symbol "DN.DB" and the Warrants will trade under the symbol "DN.WT.A". The Company also wishes to announce that the Company's trading symbol for its common shares has changed from "NINE" to "DN".

  • CNW Group

    TSX Venture Exchange Stock Maintenance Bulletins

    VANCOUVER , July 22, 2019 /CNW/ - TSX VENTURE COMPANIES BULLETIN TYPE:  Cease Trade Order BULLETIN DATE:  July 22, 2019 TSX Venture Company A Cease Trade Order has been issued by the British Columbia Securities ...

  • Delta 9 Announces Closing of $11.8 Million Public Offering of Convertible Debenture Units
    CNW Group

    Delta 9 Announces Closing of $11.8 Million Public Offering of Convertible Debenture Units

    WINNIPEG, July 17, 2019 /CNW/ - Delta 9 Cannabis Inc. ("Delta 9" or the "Company") (TSXV:NINE.V - News) (OTCQX:VRNDF - News) is pleased to announce the closing (the "Closing") of its previously announced public offering (the "Offering") of convertible debenture units of the Company (the "Debenture Units") for aggregate gross proceeds of $11,800,000. The Offering was led by Mackie Research Capital Corporation and Canaccord Genuity Corp. (together, the "Agents"). The net proceeds received by Delta 9 from the Offering will be used for capital expenditures related to the expansion of Delta 9's production facility, capital expenditures relating to new retail cannabis stores and for general corporate and working capital purposes.

  • CNW Group

    IIROC Trading Resumption - NINE

    VANCOUVER , June 18, 2019 /CNW/ - Trading resumes in: Company: Delta 9 Cannabis Inc. TSX-Venture Symbol: NINE (all issues) Resumption (ET): 1:30 PM IIROC can make a decision to impose a temporary suspension ...

  • GlobeNewswire

    Delta 9 Announces Minimum $10 Million Public Offering of 8.5% Convertible Debenture Units

    Delta 9 Cannabis Inc. (“Delta 9” or the “Company”) (NINE.V) (VRNDF) is pleased to report that its offering, previously announced on June 17, 2019 (the “Offering”), will be for an offering size of a minimum of $10,000,000 and up to $14,000,000. The Offering will be conducted on an agency basis for the issuance of a minimum of 10,000 convertible debenture units (each, a “Convertible Debenture Unit”) and up to 14,000 Convertible Debenture Units at a price of $1,000 per Convertible Debenture Unit. The Offering is being co-led by Mackie Research Capital Corporation, as sole bookrunner, and Canaccord Genuity Corp. as co-lead agents (collectively, the “Agents”).

  • GlobeNewswire

    Delta 9 Announces Public Offering of Convertible Debenture Units

    Delta 9 Cannabis Inc. (“Delta 9” or the “Company”) (NINE.V) (VRNDF) is pleased to announce that it has filed and been receipted for a preliminary short form prospectus (the “Preliminary Prospectus”) with the securities regulatory authorities in all provinces of Canada (except Québec) in connection with a proposed marketed public offering (the “Offering”) of convertible debenture units (each, a “Convertible Debenture Unit”) at a price of $1,000 per Convertible Debenture Unit. The Offering is being co- led by Mackie Research Capital Corporation, as sole bookrunner, and Canaccord Genuity Corp. as co-lead agents (collectively, the “Agents”). Delta 9 will grant the Agents an option (the “Over-Allotment Option”) to cover over-allotments and for market stabilization purposes, exercisable at any time up to 30 days subsequent to the closing of the Offering, to increase the size of the Offering by up to 15%.

  • CNW Group

    IIROC Trading Halt - NINE

    VANCOUVER , June 17, 2019 /CNW/ - The following issues have been halted by IIROC: Company: Delta 9 Cannabis Inc. TSX-Venture Symbol: NINE (All Issues) Reason: At the Request of the Company Pending News ...

  • CNW Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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 Group

    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.