Delta 9 Cannabis Inc.

TSE: DN


Canadian symbol: DN.TO
US symbol: VRNDF

Currency in CAD

Valuation Measures

Market Cap (intraday) 555.31M
Enterprise Value 377.28M
Trailing P/E N/A
Forward P/E 115.50
PEG Ratio (5 yr expected) 1N/A
Price/Sales (ttm)1.46
Price/Book (mrq)1.51
Enterprise Value/Revenue 32.04
Enterprise Value/EBITDA 616.33

Trading Information

Stock Price History

Beta (5Y Monthly) 0.91
52-Week Change 3-38.30%
S&P500 52-Week Change 314.65%
52 Week High 31.0600
52 Week Low 30.3300
50-Day Moving Average 30.5446
200-Day Moving Average 30.5191

Share Statistics

Avg Vol (3 month) 3119.06k
Avg Vol (10 day) 365.42k
Shares Outstanding 589.21M
Float 55.88M
% Held by Insiders 142.56%
% Held by Institutions 10.15%
Shares Short (Jul. 14, 2020) 415.35k
Short Ratio (Jul. 14, 2020) 40.19
Short % of Float (Jul. 14, 2020) 4N/A
Short % of Shares Outstanding (Jul. 14, 2020) 40.02%
Shares Short (prior month Jun. 14, 2020) 440.64k

Dividends & Splits

Forward Annual Dividend Rate 4N/A
Forward Annual Dividend Yield 4N/A
Trailing Annual Dividend Rate 3N/A
Trailing Annual Dividend Yield 3N/A
5 Year Average Dividend Yield 4N/A
Payout Ratio 40.00%
Dividend Date 3N/A
Ex-Dividend Date 4N/A
Last Split Factor 2N/A
Last Split Date 3N/A

Financial Highlights

Fiscal Year

Fiscal Year Ends Dec. 30, 2019
Most Recent Quarter (mrq)Mar. 30, 2020

Profitability

Profit Margin -1.61%
Operating Margin (ttm)4.35%

Management Effectiveness

Return on Assets (ttm)1.50%
Return on Equity (ttm)-1.48%

Income Statement

Revenue (ttm)37.89M
Revenue Per Share (ttm)0.43
Quarterly Revenue Growth (yoy)108.70%
Gross Profit (ttm)16.4M
EBITDA 4.73M
Net Income Avi to Common (ttm)-610k
Diluted EPS (ttm)-0.0130
Quarterly Earnings Growth (yoy)-87.50%

Balance Sheet

Total Cash (mrq)6.32M
Total Cash Per Share (mrq)0.07
Total Debt (mrq)31.73M
Total Debt/Equity (mrq)87.63
Current Ratio (mrq)2.21
Book Value Per Share (mrq)0.41

Cash Flow Statement

Operating Cash Flow (ttm)-3.37M
Levered Free Cash Flow (ttm)-16.97M

mrq = Most Recent Quarter
ttm = Trailing Twelve Months
yoy = Year Over Year
lfy = Last Fiscal Year
fye = Fiscal Year Ending
fy = Forward Year
Shares outstanding is taken from the most recently filed quarterly or annual report and Market Cap is calculated using shares outstanding.

Fundamentals are updated every day.
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Company News Date
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Currency in CAD
Earnings EstimateCurrent Qtr. (Jun 2020)Next Qtr. (Sep 2020)Current Year (2020)Next Year (2021)
No. of Analysts1111
Avg. Estimate-0.01000.04
Low Estimate-0.01000.04
High Estimate-0.01000.04
Year Ago EPS-0.01-0.020.150
Revenue EstimateCurrent Qtr. (Jun 2020)Next Qtr. (Sep 2020)Current Year (2020)Next Year (2021)
No. of Analysts1111
Avg. Estimate10.64M13.09M49.75M64.98M
Low Estimate10.64M13.09M49.75M64.98M
High Estimate10.64M13.09M49.75M64.98M
Year Ago SalesN/A6.66M31.77M49.75M
Sales Growth (year/est)N/A96.50%56.60%30.60%
Earnings History2019-06-292019-09-292019-12-302020-03-30
EPS Est.-0.02-0.060.01-0.01
EPS Actual-0.01-0.02-0.010.02
Difference0.010.04-0.020.03
Surprise %50.00%66.70%-200.00%300.00%
EPS TrendCurrent Qtr. (Jun 2020)Next Qtr. (Sep 2020)Current Year (2020)Next Year (2021)
Current Estimate-0.01000.04
7 Days Ago-0.01000.04
30 Days Ago-0.01000.04
60 Days Ago-0.0100.020.01
90 Days Ago-0.03-0.01-0.050.01
EPS RevisionsCurrent Qtr. (Jun 2020)Next Qtr. (Sep 2020)Current Year (2020)Next Year (2021)
Up Last 7 DaysN/AN/AN/AN/A
Up Last 30 Days11N/AN/A
Down Last 7 DaysN/AN/AN/AN/A
Down Last 30 DaysN/AN/AN/AN/A
Growth EstimatesDN.TOIndustrySector(s)S&P 500
Current Qtr.N/AN/AN/AN/A
Next Qtr.100.00%N/AN/AN/A
Current Year-100.00%N/AN/AN/A
Next YearN/AN/AN/AN/A
Next 5 Years (per annum)N/AN/AN/AN/A
Past 5 Years (per annum)N/AN/AN/AN/A


Insiders transactions are updated every hour.

Major Holders

Currency in CAD
Breakdown
42.56%% of Shares Held by All Insider
0.15%% of Shares Held by Institutions
0.26%% of Float Held by Institutions
2Number of Institutions Holding Shares
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Press Releases by Delta 9 Cannabis Inc.


Delta 9 Provides Guidance & Timing for Q2 2020 Results

Delta 9 Provides Guidance & Timing for Q2 2020 Results

WINNIPEG, Manitoba, July 29, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”) is pleased to provide guidance on select financial results of the Company for the second quarter of 2020 based on preliminary results:The Company anticipates revenues for the three-month period ending June 30, 2020 to be betwee... Read More...
Delta 9 Cannabis Inc. Announces Voting Results for its 2020 Annual General and Special Meeting of Shareholders

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 directors from its 2020 general and special meeting of shareholders of the Company (the “Meeting”).A total of 37,621,655 common shares of the Company (“Shares”) representin... Read More...
Delta 9 Enters into Cannabis Supply Agreement with Ontario Cannabis Store

Delta 9 Enters into Cannabis Supply Agreement with Ontario Cannabis Store

WINNIPEG, Manitoba, June 23, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce that on June 23, 2020 it entered into a Master Cannabis Supply Agreement (the “Agreement”) with Ontario Cannabis Retail Corporation (doing business as “Ontario Cannabis Store”) (“OCS”).The Agreement prov... Read More...
Delta 9 Enters Partnership Agreement with Manitoba Hotel Association

Delta 9 Enters Partnership Agreement with Manitoba Hotel Association

WINNIPEG, Manitoba, June 16, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce that it has entered into a partnership agreement with the Manitoba Hotel Association (“MHA”) to be their exclusive cannabis partner.  “As one of Canada’s few vertically integrated cannabis producers, Del... Read More...
Delta 9 Enters Newfoundland and Labrador Market; Acquires Shares in Oceanic Releaf Inc.

Delta 9 Enters Newfoundland and Labrador Market; Acquires Shares in Oceanic Releaf Inc.

ST. JOHN'S, Newfoundland and Labrador, June 15, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce that today it has entered into a definitive agreement with Oceanic Releaf Inc. ("Oceanic") and Ms. Taylor Giovannini (the "Oceanic Agreement") and to acquire a five (5%) percent intere... Read More...
Delta 9 Completes Transaction to Acquire Two Alberta Retail Stores

Delta 9 Completes Transaction to Acquire Two Alberta Retail Stores

WINNIPEG, Manitoba, June 01, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce that on May 29, 2020 it closed a transaction with Modern Leaf Group Inc. ("Modern Leaf") to acquire all or substantially all of Modern Leaf’s assets located in the Province of Alberta relating to two ret... Read More...
Delta 9 Launches New Investor Website

Delta 9 Launches New Investor Website

WINNIPEG, Manitoba, May 20, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is inviting visitors to explore its 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 u... Read More...
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

TORONTO , May 8, 2020 -https://www.youtube.com/watch?v=L3JRT3FPL00The C-Suite At the Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange.  Videos provide insight into how company executives think in the current business environment.  To see the latest C-Suit... Read More...
Delta 9 Receives Approval from Health Canada for Expansion to Processing Area

Delta 9 Receives Approval from Health Canada for Expansion to Processing Area

WINNIPEG, Manitoba, April 13, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce it has received Health Canada approval for its new purpose-built cannabis processing center which will allow for fully automated bottling, packaging, capping and labelling of its consumer-packaged dried... Read More...
Delta 9 Achieves Milestone in Agreement with another Micro Cultivation Partner  

Delta 9 Achieves Milestone in Agreement with another Micro Cultivation Partner  

WINNIPEG, Manitoba, April 06, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) ("Delta 9"), is pleased to announce that it has completed its final services milestone under an agreement with another Micro Cultivation partner, Oliver Acres Ltd., (operating as “Cypress Craft”). Cypress Craft is an arms length third party in which the C... Read More...
Delta 9 Implements Health and Safety Precautions, Maintains Operations Amid COVID-19 Outbreak

Delta 9 Implements Health and Safety Precautions, Maintains Operations Amid COVID-19 Outbreak

WINNIPEG, Manitoba, March 30, 2020 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), announced today that it has implemented numerous health and safety precautions across its operations to protect customers and staff while maintaining operations amid the COVID-19 outbreak. To date the Company has been able to... Read More...
Delta 9 Announces Continued Strategic Partnership and 2.0 Cannabis Product Supply Agreement with Auxly

Delta 9 Announces Continued Strategic Partnership and 2.0 Cannabis Product Supply Agreement with Auxly

WINNIPEG, Manitoba, Feb. 25, 2020 -- DELTA 9 CANNABIS INC. (TSX:DN) (OTCQX: VRNDF) ("Delta 9"), is pleased to announce that it has entered into a supply agreement with Auxly Cannabis Group Inc. (TSX.V:XLY) ("Auxly") who will supply Delta 9's retail stores with a suite of cannabis 2.0 products including cannabis oils, chocolates, chewables... Read More...
Delta 9 Update on Cannabis 2.0

Delta 9 Update on Cannabis 2.0

WINNIPEG, Manitoba, Dec. 23, 2019 -- DELTA 9 CANNABIS INC. (TSX:DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to provide investors with an update on the Company’s initial sales of new “cannabis 2.0” products in its Manitoba retail stores.Delta 9 was among the first retailers in Canada to sell edibles, vape pens, and vape car... Read More...
Delta 9 Receives Expansion Approval from Health Canada for 95 Additional Grow Areas, Provides Expansion Update

Delta 9 Receives Expansion Approval from Health Canada for 95 Additional Grow Areas, Provides Expansion Update

WINNIPEG, Manitoba, Dec. 02, 2019 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce it has received Health Canada approval to place 95 new Grow Pods from its Phase II expansion into production. Delta 9’s proprietary cannabis production methodology is based around a modular, scalable, an... Read More...
Delta 9 Enters Definitive Agreement to Acquire Two Alberta Retail Stores

Delta 9 Enters Definitive Agreement to Acquire Two Alberta Retail Stores

WINNIPEG, Manitoba, Nov. 21, 2019 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce that today it has entered into a definitive agreement with Modern Leaf Group Inc. ("Modern Leaf") and Mr. Preston Drummond (the "Modern Leaf Agreement") to acquire all or substantially all of Modern Leaf... Read More...
Delta 9 Reports Financials for Q3 2019 and Announces Grant of Stock Options

Delta 9 Reports Financials for Q3 2019 and Announces Grant of Stock Options

WINNIPEG, Manitoba, Nov. 13, 2019 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce financial and operating results for the three-month and nine-month period ending September 30, 2019.Financial Highlights for Q3, 2019 Operating revenues of $6.7 million for the third quarter of 2019, up ... Read More...
Delta 9 Provides Guidance for Upcoming Q3, 2019 Results, Releases Date and Time for Conference Call

Delta 9 Provides Guidance for Upcoming Q3, 2019 Results, Releases Date and Time for Conference Call

WINNIPEG, Manitoba, Nov. 05, 2019 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”) is pleased to provide guidance on select third quarter results for the three-month and nine-month period ending September 30, 2019 based on preliminary results:Delta 9 anticipates revenues for the three-month period ending Sept... Read More...
Delta 9 Enters into Binding Letter of Intent to Acquire Two Alberta Retail Stores

Delta 9 Enters into Binding Letter of Intent to Acquire Two Alberta Retail Stores

WINNIPEG, Sept. 19, 2019 - DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) ("Delta 9"), is pleased to announce that today it has entered into a binding letter of intent (the "LOI") to enter into a definitive agreement to acquire from Modern Leaf Group Inc. ("Modern Leaf Group") all or substantially all of Modern Leaf Group's assets lo... Read More...
Delta 9 Receives Renewal of Health Canada License and Oils Sales Authorization

Delta 9 Receives Renewal of Health Canada License and Oils Sales Authorization

Provides an update on Pre-Rolls and new Product Development WINNIPEG, Sept. 2, 2019 - DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) ("Delta 9"), is pleased to announce that on August 30, 2019 it received its renewal license from Health Canada for a term of three years. This license authorizes Delta 9 to cultivate, process and sell cannab... Read More...
Delta 9 Receives Approval to List on TSX

Delta 9 Receives Approval to List on TSX

WINNIPEG, Aug. 29, 2019 - DELTA 9 CANNABIS INC., a vertically integrated producer and seller of medical and retail use cannabis products (TSXV: DN) (OTCQX: VRNDF) ("Delta 9"), is pleased to announce that its Securities (as defined below) will begin trading on the Toronto Stock Exchange ("TSX") as of the opening of the market on September ... Read More...
Delta 9 Provides Guidance for Q2, 2019 Results, Anticipating Revenues of $8.1M to $8.8M

Delta 9 Provides Guidance for Q2, 2019 Results, Anticipating Revenues of $8.1M to $8.8M

WINNIPEG, Aug. 6, 2019 - DELTA 9 CANNABIS INC. (TSXV: DN) (OTCQX: VRNDF) ("Delta 9") is pleased to provide guidance on select second quarter results for the three-month and six-month period ending June 30, 2019: Based on preliminary results, the Company anticipates revenues for the three-month period ending June 30, 2019 to be... Read More...
Delta 9 Signs One-Year White Label Cannabis Derivative Manufacturing Agreement with Westleaf

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

WINNIPEG, July 24, 2019 - DELTA 9 CANNABIS INC. (TSXV: DN) (OTCQX: VRNDF) ("Delta 9") 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) (OTCQB:WSLFF) to supply approximately $4 million of cannabis derivative products from Westle... Read More...
Delta 9 Announces Commencement of Trading of Debentures and Warrants and Change of Trading Symbol

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

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ WINNIPEG, July 24, 2019 - Delta 9 Cannabis Inc. ("Delta 9" or the "Company") (TSXV: DN) (OTCQX: VRNDF) is pleased to announce that the Company's 8.5% unsecured convertible debentures maturing July 17, 2022 (the "Convertible Deben... Read More...
Delta 9 Announces Minimum $10 Million Public Offering of 8.5% Convertible Debenture Units

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

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.WINNIPEG, Manitoba, June 18, 2019 -- Delta 9 Cannabis Inc. (“Delta 9” or the “Company”) (TSXV: NINE) (OTCQX: VRNDF) is pleased to report that its offering, previously announced on June 17, 2019 (the “Offering”), will be for an offering size o... Read More...
Game-Changing NanoSphere Products Soon to Disrupt the Oklahoma Cannabis Market

Game-Changing NanoSphere Products Soon to Disrupt the Oklahoma Cannabis Market

DENVER— NanoSphere Health Sciences Signs Memorandum of Understanding with 4Evergrn —NanoSphere Health Sciences Inc. (NSHS.CN) (NSHSF), the biotechnology leader behind the patented NanoSphere Delivery System™, today signed a new letter of intent with 4Evergrn LLC, which will bring Evolve Formulas products to the Oklahoma medical and recrea... Read More...
NanoSphere Signs Definitive Licensing Agreement with Delta 9 Cannabis Inc.

NanoSphere Signs Definitive Licensing Agreement with Delta 9 Cannabis Inc.

VANCOUVER, British ColumbiaNanoSphere Health Sciences Inc. (NSHS.CN) (NSHSF) is pleased to announce the Company has signed a Definitive Master Licensing Agreement (the Agreement) with Delta 9 Cannabis Inc. (NINE.V) (VRNDF) (Delta 9) in a deal that opens the Canadian market to NanoSphere’s patented groundbreaking delivery technology.This p... Read More...
Coming Soon.
SymbolExchangePriceChangeAs of
DN.TO
The Toronto Stock Exchange
The Toronto Stock Exchange0.62CAD+6.90%
DNdb.TO
The Toronto Stock Exchange
The Toronto Stock Exchange83.00CAD--
V5D1.F
Frankfurt Stock Exchange
Frankfurt Stock Exchange0.32EUR--
VRNDF.PK
OTC MARKETS GROUP L1 AND L2
OTC MARKETS GROUP L1 AND L20.45USD0.00%
V5D1.SG
Stuttgart Stock Exchange
Stuttgart Stock Exchange0.35EUR--
DN.GO
Canadian Securities Exchange/PURE - CSE Listed & Other Canadian Listed Securities
Canadian Securities Exchange/PURE - CSE Listed & Other Canadian Listed Securities0.58CAD0.00%
VRNDF.PQ
OTC MARKETS GROUP L1 AND L2
OTC MARKETS GROUP L1 AND L20.44USD--

Delayed data (1h)
NameAgePositionAppointed
Hugh H. Aird
Director
57Director2018
Joanne Duhoux-Defehr
Director
--Director2017
Kenneth M. Tollstam
Director
--Director2016
Von Torres
Director
--Director2016


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