|Bid||1.84 x 0|
|Ask||1.84 x 0|
|Day's Range||1.65 - 1.87|
|52 Week Range||1.04 - 632.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
/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") ...
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.
Auxly Cannabis Group Inc. (TSX.V - XLY) (CBWTF) ("Auxly") and Delta 9 Cannabis Inc. (TSX.V -NINE) (“Delta 9”) are pleased to announce that the parties have entered into definitive agreement (the “Agreement”) whereby Auxly will make a strategic investment to fund the expansion of Delta 9’s licensed cannabis cultivation facility in Winnipeg, Manitoba (the “Facility”) and provide general working capital to Delta 9. Pursuant to the Agreement, Auxly has subscribed for 5,909,090 common shares of Delta 9 (each a “Delta 9 Share”) at a price of $2.75 per Delta 9 Share, representing a total investment of $16,250,000.
On August 29, Delta 9 (NINE.V), which is based in Manitoba, announced its second-quarter earnings a day after Tilray (TLRY) reported its second-quarter earnings. The company reported a 277% year-over-year increase in sales during the second quarter and a 210% year-over-year increase in sales in its first half of 2018. The management stated that Delta 9’s growth in sales was driven by an overall increase in registered patients from 1,657 to 3,052 as of June 30.
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.
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.
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").
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.
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.
WINNIPEG, July 24, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") confirms it will be applying for a license to open more cannabis retail outlets in Manitoba, as part of the second phase of retail cannabis expansion announced yesterday by the Manitoba Government. Growth, Enterprise and Trade Minister Blaine Pedersen announced Monday, July 23, that his government will issue a second public tender for companies that wish to build and operate cannabis retail stores across the Province. Mr. Pedersen said the intention is to ensure that within the first two years of legalization, 90 per cent of Manitobans will be able to access legal cannabis within a 30-minute drive or less.
WINNIPEG, July 5, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce that it has retained Hybrid Financial Inc. ("Hybrid") to provide investor relations services to the Company. The services will include marketing and branding initiatives focused on raising market awareness of the Company and increasing the Company's profile with investment advisors in the United States and Canada. Pursuant to the terms of the agreement entered into between the Company and Hybrid (the "Agreement"), Hybrid will receive a monthly retainer of $14,000 and a one-time issuance of 250,000 incentive stock options (the "Options"), each exercisable to acquire one common share of Delta 9 at an exercise price of $1.49 per share upon vesting and for a period expiring on the earlier of five years from the date of grant and 3 months following the termination of the Agreement.
WINNIPEG, July 3, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce the planned locations for its first cannabis retail stores. Delta 9 intends to open two stores in Winnipeg, one in Brandon and one in Thompson before the end of the year. At least one of the Winnipeg stores is expected to be open on October 17, 2018, which is the date that has been announced as the first day for legal retail sales of cannabis.
WINNIPEG, MB, June 29, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce that it has entered into a cannabis supply agreement (the "Supply Agreement" or the "Agreement") for the province of Manitoba. Pursuant to the Supply Agreement, signed June 27, 2018, Delta 9 has agreed to make a minimum of 2.3 million grams of cannabis available through Manitoba Liquor and Lotteries Corporation ("MBLL") during the first 12 months of the Supply Agreement.
WINNIPEG, June 20, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") applauds the federal Government of Canada and the Senate for the historic and courageous vote on June 19, making Canada the first industrialized country in the world to legalize cannabis. The Senate confirmed legalization yesterday, confirming the Liberal government's legalization plans, and sending the historic Bill C45 for Royal Assent, paving the way for retail sales of recreational cannabis in the fall. "Prime Minister Justin Trudeau and his government had the foresight and the courage to do what no other government in the industrialized world has done," said Delta 9 CEO John Arbuthnot.
WINNIPEG, June 12, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") and the Fort Garry Brewing Company celebrated the Monday night launch of their first jointly developed beer. Delta 9 Legal Lager is now on sale at MLLC liquor outlets across the province, and is the first beer produced as a collaboration between a brewery and a legal cannabis company. Delta 9 provided the raw hemp material for the beer while Fort Garry Brewing is responsible for production and marketing.
WINNIPEG, May 31, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") today announced the Company's Q1 fiscal results. The Company also reported increased profits for the quarter at $202,695, an increase of 644 per cent over the same period in the year prior. Delta 9 also undertook significant investments during the reporting quarter, including an investment of $1425,852 in the expansion of its cultivation facilities in Winnipeg by building and installing more of the Company's proprietary, self-designed grow pods, and an investment of $3 million to acquire a 50 per cent equity interest in the Delta West cannabis production facility in Calgary, Alberta.
WINNIPEG, April 19, 2018 /CNW/ - Delta 9 Cannabis Inc. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce that it has entered into a limited partnership agreement with Westleaf Cannabis Inc. ("Westleaf") and Delta West Inc. for the joint development of a large-scale cannabis production facility located in Southern Alberta (the "Project"). The entering into of a non-binding letter of intent in connection with the Project was previously announced by the Company on January 24, 2018.
CALGARY, April 19, 2018 /CNW/ - Westleaf Cannabis Inc. ("Westleaf" or the "Company") is pleased to announce that it has closed a non-brokered private placement of approximately 25 million units ("Units") at $0.50 per Unit for gross proceeds of approximately $12.5 million (the "Offering"). The Company intends to use the net proceeds from the Offering to fund Phase I of its cannabis cultivation facilities and prospective retail distribution locations in Alberta and Saskatchewan as well as for general corporate purposes. Concurrently with closing the Offering, Westleaf entered into a limited partnership agreement (the "Limited Partnership Agreement") with Delta 9 Cannabis Inc. ("Delta 9") and Delta West Inc. ("Delta West") for the joint development of a large-scale cannabis production facility located in Calgary, Alberta (the "Project").
WINNIPEG, April 10, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") has entered into a non-binding letter of intent (the "Letter of Intent") to become a preferred supplier of medical cannabis to Pharmasave. Pharmasave is a member owned and governed cooperative of more than 650 independent community pharmacies across Canada. Pharmasave believes that pharmacists, as medication management experts, play an important role in helping to improve patient care.
WINNIPEG, April 4, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce that it has exercised its option to purchase the land and 80,000 square foot building containing the Company's current cannabis production facility (the "Property") for a price of $6.25 million, subject to certain closing adjustments and conditions. Delta 9 previously announced on March 21, 2018 that it had entered into a five-year lease of the Property which contained an option to purchase and that Delta 9 anticipated quickly exercising such option. Delta 9 has entered into a formal option agreement (the "Option Agreement") with 6599362 Canada Ltd. (the "Vendor") which sets forth the terms of the acquisition of the Property.
WINNIPEG, March 27, 2018 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:NINE.V - News) ("Delta 9" or the "Company") is pleased to announce that the Company has signed a non-binding letter of intent (the "LOI") with CanPharma GMBH ("CanPharma") and Global Group Kalapa S.L. ("Kalapa") for the exportation of medical cannabis to Germany. Manitoba-based Delta 9 is one of Canada's oldest medical cannabis companies, being the fourth company in Canada awarded a License to Produce under the Access to Cannabis for Medical Purposes Regulations.