Press Releases

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Press Releases

Press Releases

  • Delta 9 Completes Private Placement of Common Shares to Oak Hill

    WINNIPEG, MB – 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 success fee payable to Oak Hill pursuant to an advisory services...
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  • Delta 9 Obtains $5 Million Loan from Shareholder

    WINNIPEG, MB – April 25, 2022 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9" or the "Company") announces that it has obtained a loan from a shareholder in the amount of $4,990,264.37 that is due on July 15, 2025 (the “Loan”). The Loan shall bear interest at 6% per annum and is payable monthly.
     
    For more information contact:
    Investor & Media Contact:
    Ian Chadsey, VP Corporate Affairs
    Mobile...
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  • Delta 9 to Launch Canada’s First Mobile Cannabis Store

    WINNIPEG, MB – April 20, 2022 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce the launch of its first mobile cannabis store, licensed by the Liquor Gaming and Cannabis Authority of Manitoba (“LGCA”) to sell cannabis on-site at the 2022 Dauphin Countryfest and the 2022 Rock the Fields Minnedosa music festivals. Delta 9 is working with the LGCA...
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  • Delta 9 to Open Thirty-fifth Cannabis Retail Store

    WINNIPEG, MB – April 20, 2022 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce the grand opening of its thirty-fifth Delta 9 Cannabis retail store, and thirteenth cannabis store in the Province of Manitoba. Delta 9’s newest retail store is located in the heart of the busiest shopping district in Winnipeg West.

    “The opening of our newest Winnipeg...
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  • Delta 9 Enters into Agreement with Manitoba to Become Cannabis Distributor

    WINNIPEG, MB – April 14, 2022 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9" or the "Company"), 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”) and the Company anticipates becoming one of...
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  • Delta 9 Reports Year End and Q4 2021 Results

    WINNIPEG, MB – March 31, 2022 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce financial and operating results for the three-month period and full year ending December 31, 2021. 

    Financial Highlights for the Year Ending December 31, 2021
    • Record net revenues of $62.3 million in 2021, up 20% compared to $52.0 million in 2020, including the...
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  • Closing of Transformative 17 Store retail acquisition securing position as one of Canada’s leading retailers
  • Closing of $32 Million Non-Dilutive Credit Facilities
  • Private Placement from Sundial Growers Inc. of $10 Million in senior secured second-lien convertible debentures
  •  
    Winnipeg, MB (March 31, 2022) – Delta 9 Cannabis Inc. (TSX: DN) (OTCQX: DLTNF) ("Delta 9" or “The Company”) is pleased to...

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  • Delta 9 to Open 17th Cannabis Retail Store

    WINNIPEG, MB – February 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 in Winnipeg and is scheduled to open on March 1, 2022.
     
    Delta 9’s...
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  • Delta 9 Announces Commitment Letter for $32 Million Non-Dilutive Credit Facility

    WINNIPEG, MB – February 1, 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 Proposed Credit Facilities would be offered to the Company...

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  • Delta 9 Provides Guidance & Timing for Year End 2021 Results

    WINNIPEG, MB – January 12, 2022 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9" or the "Company"), is pleased to provide guidance on select fourth quarter and year end results ending December 31, 2021, based on preliminary results:

    • The Company anticipates net revenues for the three-month period ending December 31, 2021, to be between $16.6 million and $17.4 million. This compares...
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  • Delta 9 Reports Financials for Q3 2021

    WINNIPEG, MB – November 15, 2021 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce financial and operating results for the three-month and nine-month period ending September 30, 2021.Financial Hi...
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  • Delta 9 Announces Renewal of its Normal Course Issuer Bid for Common Shares and Convertible Debentures

    WINNIPEG, MB – November 2, 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 shares of the Company (“Common Shares”), representing 10% of the...
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