Press Releases

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Press Releases

Press Releases

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

    WINNIPEG, MB – August 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 of three Garden Variety branded retail cannabis stores located...
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  • Delta 9 Releases Q2 2022 Financials

    WINNIPEG, MB – August 15, 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 and six-month period ending June 30, 2022.

    Financial Highlights for the three-month period ending June 30, 2022

    • Net revenue of $17.5 million for the second quarter of 2022, an increase of 4%, from $16.75 million...
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  • Director Resigns from Board of Directors of Delta 9

    WINNIPEG, MB – July 27, 2022 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) announces that Joanne Duhoux-Defehr has resigned from the board of directors of the Company effective today.  
     
    “Ms. Duhoux-DeFehr has been instrumental in her support of Delta 9 at the board level since 2017 as we have scaled the Company into one of Canada’s largest vertically integrated...
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  • Delta 9 Announces Repayment of Convertible Debentures

    WINNIPEG, MB – July 26, 2022 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to announce the completion of the cash repayment of its unsecured 8.5% convertible debentures issued on July 17, 2019, which had a maturity date of July 17, 2022 (the "Convertible Debentures"). The $11.8 million cash repayment represents a full payout of the Convertible Debentures....
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  • Delta 9 Provides Guidance & Timing for Q2 2022 Results


    WINNIPEG, MB – July 26, 2022 – DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to provide guidance on its revenue forecast for the three-month and six-month period ending June 30, 2022, based on preliminary results:

    • The Company anticipates revenue for the three-month period ending June 30, 2022, to be between $17.4 million and $18.0 million compared with;
      • ...
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  • DELTA 9 ANNOUNCES PRICING OF OVERNIGHT MARKETED PUBLIC OFFERING OF UNITS

    Winnipeg, Manitoba – June 7, 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”). Pursuant to the Offering, the Company intends to issue Units at a price of $0.22 per Unit for aggregate gross proceeds of approximately...
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  • DELTA 9 ANNOUNCES OVERNIGHT MARKETED PUBLIC OFFERING OF UNITS FOR $2 MILLION

    Winnipeg, Manitoba – June 6, 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”), in connection with an overnight marketed public offering of units of the Company (the “Units”) at an indicative price of $0.22 per Unit, priced...

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  • 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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