Delta 9 Cannabis Inc.

TSE: DN


Canadian symbol: DN.TO
US symbol: DLTNF

Currency in CAD

Valuation Measures4

Market Cap (intraday) 8.62M
Enterprise Value 71.24M
Trailing P/E 56.00
Forward P/E N/A
PEG Ratio (5 yr expected) N/A
Price/Sales (ttm)0.11
Price/Book (mrq)1.31
Enterprise Value/Revenue 1.05
Enterprise Value/EBITDA -6.22

Trading Information

Stock Price History

Beta (5Y Monthly) 1.05
52-Week Change 3-78.00%
S&P500 52-Week Change 31.77%
52 Week High 30.2600
52 Week Low 30.0500
50-Day Moving Average 30.0634
200-Day Moving Average 30.0960

Share Statistics

Avg Vol (3 month) 3178.05k
Avg Vol (10 day) 3252.36k
Shares Outstanding 5161.74M
Implied Shares Outstanding 6N/A
Float 8100.65M
% Held by Insiders 138.48%
% Held by Institutions 10.00%
Shares Short (May 14, 2023) 4425.26k
Short Ratio (May 14, 2023) 42.46
Short % of Float (May 14, 2023) 4N/A
Short % of Shares Outstanding (May 14, 2023) 40.27%
Shares Short (prior month Apr 13, 2023) 490.73k

Dividends & Splits

Forward Annual Dividend Rate 4N/A
Forward Annual Dividend Yield 4N/A
Trailing Annual Dividend Rate 30.00
Trailing Annual Dividend Yield 30.00%
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, 2022
Most Recent Quarter (mrq)Mar 30, 2023

Profitability

Profit Margin -38.46%
Operating Margin (ttm)-27.29%

Management Effectiveness

Return on Assets (ttm)-11.88%
Return on Equity (ttm)-194.35%

Income Statement

Revenue (ttm)67.65M
Revenue Per Share (ttm)0.49
Quarterly Revenue Growth (yoy)35.40%
Gross Profit (ttm)N/A
EBITDA -12.31M
Net Income Avi to Common (ttm)-26.02M
Diluted EPS (ttm)-0.1700
Quarterly Earnings Growth (yoy)N/A

Balance Sheet

Total Cash (mrq)1.74M
Total Cash Per Share (mrq)0.01
Total Debt (mrq)66.43M
Total Debt/Equity (mrq)1,563.31
Current Ratio (mrq)0.51
Book Value Per Share (mrq)0.03

Cash Flow Statement

Operating Cash Flow (ttm)-1.2M
Levered Free Cash Flow (ttm)1.92M

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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Currency in CAD
Earnings EstimateCurrent Qtr. (Jun 2020)Next Qtr. (Sep 2020)Current Year (2020)Next Year (2021)
No. of Analysts0000
Avg. Estimate0000
Low Estimate0000
High Estimate0000
Year Ago EPS-0.01-0.02N/AN/A
Revenue EstimateCurrent Qtr. (Jun 2020)Next Qtr. (Sep 2020)Current Year (2020)Next Year (2021)
No. of Analysts1121
Avg. Estimate10.64M13.09M52.05M62.29M
Low Estimate10.64M13.09M51.75M61.1M
High Estimate10.64M13.09M55.52M61.1M
Year Ago SalesN/A6.66M31.77M52.05M
Sales Growth (year/est)N/A96.50%63.80%19.70%
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 Estimate0000
7 Days Ago-0.010-0.03-0.08
30 Days Ago-0.010-0.03-0.08
60 Days Ago-0.010-0.03-0.08
90 Days Ago-0.010-0.03-0.08
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.N/AN/AN/AN/A
Current YearN/AN/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
38.48%% of Shares Held by All Insider
0.00%% of Shares Held by Institutions
0.00%% of Float Held by Institutions
0Number of Institutions Holding Shares
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Press Releases by Delta 9 Cannabis Inc.


Delta 9 Announces Cost Cutting Measures as a Part of 2023 Strategic Plan; Charts Path to Becoming Positive Cash Flow from Operations

Delta 9 Announces Cost Cutting Measures as a Part of 2023 Strategic Plan; Charts Path to Becoming Positive Cash Flow from Operations

WINNIPEG, Manitoba, Jan. 09, 2023 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), announces various cost cutting measures as a part of the Company’s 2023 strategic plan with the goal of producing positive cash flow from operations. As a part of the 2023 strategic plan the Company plans to streamline its cul... Read More...
Delta 9 Opens Fortieth Retail Cannabis Store

Delta 9 Opens Fortieth Retail Cannabis Store

WINNIPEG, Manitoba, Jan. 03, 2023 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce the milestone opening of its fortieth retail cannabis store. This opening marks the Company’s eighteenth cannabis store in the Province of Manitoba. “Delta 9 expanded its retail network by 24 stores in 2... Read More...
Delta 9 Announces the Establishment of an At-the-Market Equity Offering Program

Delta 9 Announces the Establishment of an At-the-Market Equity Offering Program

WINNIPEG, Manitoba, Dec. 06, 2022 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to announce that it has established an at-the-market equity program (the “ATM Program”) that allows the Company to issue up to $5,000,000 of common shares in the capital of the Company (the “Common Shares”) from trea... Read More...
Delta 9 Places 64th on The Globe and Mail's Annual Ranking of Canada's Top Growing Companies

Delta 9 Places 64th on The Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies

WINNIPEG, Manitoba, Sept. 23, 2022 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9"), is pleased to announce that it has placed 64th on the 2022 Report on Business ranking of Canada’s Top Growing Companies out of the 430 companies that participated. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue ... Read More...
10552763 Canada Corp. Receives Shares of Delta 9 Cannabis Inc. in Exchange for Certain Assets

10552763 Canada Corp. Receives Shares of Delta 9 Cannabis Inc. in Exchange for Certain Assets

WINNIPEG, Manitoba, Sept. 13, 2022 -- Pursuant to the early warning requirements of applicable Canadian securities laws, 10552763 Canada Corp. (the “Acquiror”), 3150 S. Sheridan Boulevard, Unit 1, Denver, Colorado 80212, announces that on September 6, 2022 it acquired 17,944,785 common shares ("Common Shares") of Delta 9 Cannabis Inc. (“D... Read More...
Delta 9 Announces Completion of Acquisition of Three Retail Cannabis Stores in Manitoba

Delta 9 Announces Completion of Acquisition of Three Retail Cannabis Stores in Manitoba

WINNIPEG, Manitoba, Sept. 07, 2022 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to announce that on September 6, 2022 it completed a previously announced transaction with 10552763 Canada Corp. (the “Vendor”) whereby, pursuant to the asset purchase agreement between the Company and the Vendor da... Read More...
Delta 9 Announces Agreement to Acquire Three Retail Cannabis Stores in Manitoba

Delta 9 Announces Agreement to Acquire Three Retail Cannabis Stores in Manitoba

WINNIPEG, Manitoba, Aug. 15, 2022 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to announce that today it has entered into an asset purchase agreement (the “Agreement”) with 10552763 Canada Corp. (the “Vendor”) to acquire all or substantially all of the Vendor’s assets relating to the operation ... Read More...
Delta 9 Cannabis Inc. Announces Voting Results for its 2022 Annual General and Special Meeting of Shareholders

Delta 9 Cannabis Inc. Announces Voting Results for its 2022 Annual General and Special Meeting of Shareholders

WINNIPEG, Manitoba, June 29, 2022 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), announced today the voting results on the election of directors from its 2022 annual general and special meeting of shareholders of the Company (the “Meeting”). A total of 38,697,020 common shares of the Company (“Shares”) rep... Read More...
Delta 9 Announces Closing of Public Offering of Equity Units

Delta 9 Announces Closing of Public Offering of Equity Units

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES WINNIPEG, Manitoba, June 16, 2022 -- Delta 9 Cannabis Inc. (“Delta 9” or the “Company”) (TSX:DN) (OTCQX: DLTNF) is pleased to announce the closing (the “Closing”) of its previously announced overnight marketed financing of units of the Company (the “Equit... Read More...
Delta 9 Announces Pricing of Overnight Marketed Public Offering of Units

Delta 9 Announces Pricing of Overnight Marketed Public Offering of Units

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES WINNIPEG, Manitoba, June 07, 2022 -- Delta 9 Cannabis Inc. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to announce the price of its previously announced marketed public offering (the “Offering”) of units of the Company (the “Units”). ... Read More...
Delta 9 Announces Overnight Marketed Public Offering of Units for $2 Million

Delta 9 Announces Overnight Marketed Public Offering of Units for $2 Million

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES WINNIPEG, Manitoba, June 06, 2022 -- Delta 9 Cannabis Inc. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to announce that it has entered into an agreement with Research Capital Corporation as sole agent and sole bookrunner (the “Agent”)... Read More...
Delta 9 Completes Private Placement of Common Shares to Oak Hill

Delta 9 Completes Private Placement of Common Shares to Oak Hill

WINNIPEG, Manitoba, April 27, 2022 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9" or the "Company"), announces that it has completed a private placement of 2,038,217 common shares of the Company (“Common Shares”), for a deemed price of $0.314 per Common Share, to Oak Hill Financial Inc. (“Oak Hill”), in satisfaction of a suc... Read More...
Delta 9 Enters into Agreement with Manitoba to Become Cannabis Distributor

Delta 9 Enters into Agreement with Manitoba to Become Cannabis Distributor

WINNIPEG, Manitoba, April 14, 2022 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9"), is pleased to announce that, through its new wholly owned subsidiary Delta 9 Logistics Inc., it has entered into a Limited Cannabis Distribution Agreement (the “Distribution Agreement”) with Manitoba Liquor and Lotteries Corporation (“MBLL”) ... Read More...
Delta 9 Announces Closing of Transformative Retail Acquisition, $32 Million Credit Facilities and $10 Million Strategic Financing

Delta 9 Announces Closing of Transformative Retail Acquisition, $32 Million Credit Facilities and $10 Million Strategic Financing

Closing of Transformative 17 Store retail acquisition securing position as one of Canada’s leading retailersClosing of $32 Million Non-Dilutive Credit FacilitiesPrivate Placement from Sundial Growers Inc. of $10 Million in senior secured second-lien convertible debentures WINNIPEG, Manitoba, March 31, 2022 -- Delta 9 Cannabis Inc. (TSX: D... Read More...
Delta 9 to Open 17th Cannabis Retail Store

Delta 9 to Open 17th Cannabis Retail Store

WINNIPEG, Manitoba, Feb. 28, 2022 --  DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce the grand opening of its 17th Delta 9 Cannabis retail store, and 12th cannabis store in the Province of Manitoba. Delta 9’s newest retail store is located in the heart of the busiest shopping district i... Read More...
Delta 9 Announces Commitment Letter for $32 Million Non-Dilutive Credit Facility

Delta 9 Announces Commitment Letter for $32 Million Non-Dilutive Credit Facility

WINNIPEG, Manitoba, Feb. 01, 2022 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) today announced that it has entered into a binding commitment letter (the “Commitment Letter”) with connectFirst Credit Union Ltd. (“connectFirst”) for $32 million in credit facilities (the “Proposed Credit Facilities”). The Pr... Read More...
Delta 9 Announces Renewal of its Normal Course Issuer Bid for Common Shares and Convertible Debentures

Delta 9 Announces Renewal of its Normal Course Issuer Bid for Common Shares and Convertible Debentures

WINNIPEG, Manitoba, Nov. 02, 2021 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) today announced that the Toronto Stock Exchange (“TSX”) has approved the renewal of the Company’s normal course issuer bid (the “NCIB”). Under the NCIB, the Company can purchase: (i) up to an aggregate of 6,827,032 common share... Read More...
Delta 9 Cannabis Places 7th on The Globe and Mail's Third Annual Ranking of Canada's Top Growing Canadian Companies

Delta 9 Cannabis Places 7th on The Globe and Mail’s Third Annual Ranking of Canada’s Top Growing Canadian Companies

WINNIPEG, Manitoba, Sept. 24, 2021 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9"), is pleased to announce that it has placed 7th on the 2021 Report on Business ranking of Canada’s Top Growing Companies. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Delta 9 Cannabis earned its spot wit... Read More...
Delta 9 Achieves Milestone in Agreement with Element Cannabis Group

Delta 9 Achieves Milestone in Agreement with Element Cannabis Group

WINNIPEG, Manitoba, Sept. 15, 2021 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9"), is pleased to announce that it has completed its final services milestone under an agreement with Alberta based cultivation and processing partner, Element GP Inc. (“Element”). Element is an arm’s length third party in which the Company has n... Read More...
Delta 9 Partners with Cultivatd to Increase Grow Pod Sales

Delta 9 Partners with Cultivatd to Increase Grow Pod Sales

WINNIPEG, Manitoba, Sept. 13, 2021 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce that it has entered into a partnership with Cultivatd Inc. (“Cultivatd”) to compliment the Company’s B2B sales team by helping to target Grow Pod sales opportunities in Canada and the United States. Cul... Read More...
Delta 9 Acquires Two Retail Cannabis Stores in Edmonton, Alberta

Delta 9 Acquires Two Retail Cannabis Stores in Edmonton, Alberta

WINNIPEG, Manitoba, Aug. 31, 2021 -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce that it has closed a transaction with 1884356 Alberta Ltd. (the “Vendor”) to acquire all or substantially all of the Vendor’s assets relating to the operation of two retail cannabis stores in Edmonton, A... Read More...
Coming Soon.
IndexLast% Change
S&P 5004,205.520.00%Positive
Euro STOXX 504,291.580.66%Negative
FTSE 1007,522.071.38%Negative
Nikkei 22531,328.160.30%Positive

Delayed data (1h)
IndexLast% Change
S&P 5004,205.520.00%Positive
Euro STOXX 504,291.580.66%Negative
FTSE 1007,522.071.38%Negative
Nikkei 22531,328.160.30%Positive


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