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Delta 9 Cannabis Inc. (DLTNF)

OTC Healthcare Drug Manufacturers - Specialty & Generic
$0.01 ▼ -1.95%
Market Cap
$3.0M
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Beta
1.13
52-Wk Range
0.0069-0.02545
CEO
John William Arbuthnot IV
Country
CA
Currency
USD

Delta 9 Cannabis Inc. operates in the Drug Manufacturers - Specialty & Generic industry of the Healthcare sector, headquartered in Winnipeg, MB, CA. The stock last traded at $0.01, down 1.95% on the session, giving a market capitalisation of $3.0M. On trailing twelve-month figures it carries a trailing P/E of -0.05, a net margin of -24.6%. Its beta of 1.13 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-0.05
Price / Sales
0.02
Price / Book
-0.12
EV / EBITDA
-52.73
Gross margin
-3.4%
Operating margin
-30.6%
Net margin
-24.6%
Return on equity
Debt / equity
-8.87
Current ratio
0.40
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
200
IPO date
2017-11-06
Headquarters
Winnipeg, MB, CA
About Delta 9 Cannabis Inc.

Delta 9 Cannabis Inc. is a comprehensive, integrated enterprise within the cannabis sector. Leveraging its subsidiary, Delta 9 Bio-Tech Inc., the company covers the entire vertical spectrum of the cannabis supply chain. This includes everything from cultivation and processing to extraction, wholesale distribution, and ultimately, the retail sale of both medical and recreational cannabis offerings. Its product portfolio encompasses a diverse range of items, including classic dried cannabis flower, convenient pre-rolls, and dried sift, alongside more specialized offerings like decontamination pods. The company also manufactures various oils and other extracted or derivative cannabis products. Beyond consumer products, Delta 9 extends its services to other industry participants, providing grow pods and live cannabis plants to both licensed and pre-licensed businesses. Furthermore, Delta 9 operates a medical clinic, offering physician consultations to patients who require a medical recommendation to obtain a cannabis prescription. Its retail presence is substantial, with 35 stores operating under the "Delta 9" brand across the Canadian Prairies as of April 20, 2022. Established in 2001, Delta 9 Cannabis Inc. maintains its headquarters in Winnipeg, Canada.

Comparable companies

Delta 9 Cannabis Inc. is most often compared with the following Healthcare names:

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