Delta 9 Cannabis
Financials
Estimates*
| CAD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | 7.6m | 31.8m | 52.0m | 62.3m | 63.2m | 71.1m |
| % growth | - | 702 % | 320 % | 64 % | 20 % | 2 % | 12 % |
| EBITDA | (7.6m) | (7.5m) | 1.5m | 3.2m | (1.2m) | (12.5m) | (<1m) |
| % EBITDA margin | (810 %) | (99 %) | 5 % | 6 % | (2 %) | (20 %) | (1 %) |
| Profit | (7.9m) | (8.5m) | 13.7m | (6.4m) | (11.2m) | (27.2m) | (17.5m) |
| % profit margin | (834 %) | (112 %) | 43 % | (12 %) | (18 %) | (43 %) | (25 %) |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
* | $11.8m | Post IPO Convertible | |
* | $32.0m | Post IPO Debt | |
* | $10.0m | Private Placement VC | |
| Total Funding | €9.1m | ||
Related Content
Recent News about Delta 9 Cannabis
EditDelta 9 Cannabis Inc. operates as a vertically integrated cannabis producer, meaning it controls every stage of the production process from seed to retail sales. The company is based in Winnipeg, Manitoba, and serves both retail and wholesale clients. Delta 9's product lineup includes a variety of cannabis strains, pre-rolled joints, and specialty bundles, all known for their high THC potency and smooth flavor. The company operates in the Canadian cannabis market, which is regulated and growing rapidly. Delta 9's business model focuses on maintaining a low cost of production while offering high-quality cannabis products. Revenue is generated through direct retail sales, wholesale distribution, and mobile cannabis stores, which are particularly popular during cannabis-related holidays. The company aims to provide a comprehensive cannabis experience, from cultivation to final sale, ensuring quality and consistency at every step.
Keywords: cannabis, THC, pre-rolled joints, retail, wholesale, low-cost production, high potency, mobile store, Canadian market, vertically integrated.