Saturday, May 28, 2022
High Yields Cannabis/Marijuana/ Weed News
  • Home
  • Cannabis Stocks
  • Cannabis Strains
  • Cannabis Laws
    • Marijuana Laws in All 50 States
    • International Marijuana Laws 2021
  • Product Reviews
  • Growing
  • Write for Us
No Result
View All Result
  • Home
  • Cannabis Stocks
  • Cannabis Strains
  • Cannabis Laws
    • Marijuana Laws in All 50 States
    • International Marijuana Laws 2021
  • Product Reviews
  • Growing
  • Write for Us
No Result
View All Result
High Yields
No Result
View All Result
Home Cannabis Stock Quotes & News

Delta 9 Provides Guidance & Timing for Q2 2021 Results

Jeremy Vedder by Jeremy Vedder
June 22, 2021
in Cannabis Stock Quotes & News
0
Delta 9 Provides Guidance & Timing for Q2 2021 Results

WINNIPEG, Manitoba, June 22, 2021 (GLOBE NEWSWIRE) — 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, 2021 based on preliminary results:

  • The Company anticipates revenue for the three-month period ending June 30, 2021 to be between $15.5 million and $17.25 million compared with;
    • $13.23 million for the first quarter of 2021.
    • $13.01 million for the second quarter of 2020.
  • Delta 9 anticipates revenues for the six-month period ending June 30, 2021 to be between $28.75 million and $30.5 million, compared to:
    • $24.76 million for the same period last year

“We anticipate our Q2, 2021 performance will demonstrate a record revenue quarter for Delta 9 with the Company’s three business segments contributing to the success of the quarter,” said John Arbuthnot, CEO of Delta 9. “We anticipate continued growth in all three of our business segments units through the back half of 2021.”

READ ALSO

HEMPSANA Announces Q1 2022 Financial Results

Akerna Announces Corporate Restructuring

The Company will provide investors with a full breakdown of revenue and financial results as part of it’s Financial Statements and Management Discussion and Analysis for the three-month and six-month period ending June 30, 2021. A news release on the financials will be issued on August 16, 2021, before the stock market opens. This will be followed by a conference call the same morning, the details of which can be found at the end of this release.

The preliminary estimated revenues for the three-month and six-month period ended June 30, 2021 set forth above are subject to the completion of the Company’s financial closing procedures. These preliminary estimated financial results have been prepared by and are the responsibility of the Company’s management.

The Company currently expects that its final results for revenue will be consistent with the estimates set forth above, but such estimates are preliminary and the Company’s actual results of operations and other data could differ materially from these estimates due to the completion of its financial closing procedures, final adjustments and other developments that may arise between now and the time such consolidated financial statements for the period ended June 30, 2021 are issued.

2021 Second Quarter Results Conference Call

Delta 9 will release the results for the second quarter of 2021 on August 16, 2021 before the market opens. A conference call to discuss the above results is scheduled for the morning of August 16, 2021, pre-market. The conference call will be hosted that day at 9:00 a.m. Eastern Time by John Arbuthnot, Chief Executive Officer, and Jim Lawson, Chief Financial Officer, followed by a question-and-answer period.

DATE: August 16, 2021
TIME: 9:00 am Eastern Time
Dial in # 1-888-886-7786
REPLAY: 1-877-674-6060
Available until 12:00 midnight Eastern Time, November 17, 2021
Replay passcode: 949425 #

For more information contact:

Investor & Media Contact:
Ian Chadsey VP Corporate Affairs
Mobile: 204-898-7722
E-mail: ian.chadsey@delta9.ca

About Delta 9 Cannabis Inc.

Delta 9 Cannabis Inc. is a vertically integrated cannabis company focused on bringing the highest quality cannabis products to market. The Company sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses. Delta 9’s wholly-owned subsidiary, Delta 9 Bio-Tech Inc., is a licensed producer of medical and recreational cannabis and operates an 80,000 square foot production facility in Winnipeg, Manitoba, Canada. Delta 9 owns and operates a chain of retail stores under the Delta 9 Cannabis Store brand. Delta 9’s shares trade on the Toronto Stock Exchange under the symbol “DN” and on the OTCQX under the symbol “DLTNF”. For more information, please visit www.delta9.ca.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company’s future business plans and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include statements relating to Delta 9’s financial results for the quarter ended June 30, 2021. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including the Company’s actual financial results being different from its estimates as well as all risk factors set forth in the annual information form of Delta 9 dated March 31, 2021 which has been filed on SEDAR. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are urged to consider these factors carefully in evaluating the forward-looking statements contained in this news release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. These forward-looking statements are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0

Related Posts

HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan
Cannabis Stock Quotes & News

HEMPSANA Announces Q1 2022 Financial Results

May 27, 2022
American Green, Inc.™ (OTC:ERBB) Earns Five Year Cannabis
Cannabis Stock Quotes & News

Akerna Announces Corporate Restructuring

May 27, 2022
One man killed, one wounded in Valinda shooting
Cannabis Stock Quotes & News

Rubicon Organics Inc. Announces Change of Auditor and

May 27, 2022
HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan
Cannabis Stock Quotes & News

Sugarbud Announces Second Tranche Closing of Convertible

May 27, 2022
MedMen’s Tracy McCourt appointed President of West Hollywood cannabis organization
Cannabis Stock Quotes & News

EnWave Reports 2022 Second Quarter Consolidated Interim

May 27, 2022
American Green, Inc.™ (OTC:ERBB) CBD Water with Vessl® Cap
Cannabis Stock Quotes & News

Water Ways Reports Q1 2022 Financial Results Sales of

May 27, 2022
Next Post
How to tell if a cannabis dispensary is legal? Pull out your phone

Cannabis banker says looming criminal charges warrant suit stay

  • Trending
  • Comments
  • Latest
Monthly Spotlight: The Best of Plain Jane CBD

Monthly Spotlight: The Best of Plain Jane CBD

April 8, 2022
The Ultimate Dr. Dabber Stella Vaporizer Review for 2022

The Ultimate Dr. Dabber Stella Vaporizer Review for 2022

April 19, 2022
volcano hybrid review 2022

The 2022 Volcano Hybrid Vaporizer Review: All You Need To Know

May 23, 2022
The Utillian 5 v3 Wax Pen Review for 2022

The Utillian 5 v3 Wax Pen Review for 2022

March 27, 2022

The 7 Best Smell-Proof Weed Bags To Keep Your Bud Stash Safe

April 27, 2022
The Best Synthetic Urine Kit to Pass Your Drug Test in 2022

The Best Synthetic Urine Kit to Pass Your Drug Test in 2022

May 23, 2022
The 10 Best Smell Proof Backpacks for Weed in 2022

The 10 Best Smell Proof Backpacks for Weed in 2022

May 5, 2022
HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan

HEMPSANA Announces Q1 2022 Financial Results

May 27, 2022
Former NFL Running Back Marshawn Lynch Launches Premium Blunt Brand

Former NFL Running Back Marshawn Lynch Launches Premium Blunt Brand

0
Major Marijuana Coalition Forms To Coordinate Legalization Push, But Some Key Advocacy Players Aren’t Involved

Major Marijuana Coalition Forms To Coordinate Legalization Push

0
MMJRecs - cannabis leaf

How Medical Marijuana Can Help Treat Sleep Disorders

0
Colorado Cannabis Sales Exceed $2 Billion in 2020

Colorado Cannabis Sales Exceed $2 Billion in 2020

0
HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan

HEMPSANA Announces Q1 2022 Financial Results

May 27, 2022
American Green, Inc.™ (OTC:ERBB) Earns Five Year Cannabis

Akerna Announces Corporate Restructuring

May 27, 2022
American Green, Inc.™ (OTC:ERBB) Earns Five Year Cannabis

California Marijuana Tax Revenue Nears $4 Billion, But Growth Has Stalled, State Analysts Say

May 27, 2022
One man killed, one wounded in Valinda shooting

Rubicon Organics Inc. Announces Change of Auditor and

May 27, 2022

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • March 2020

Categories

  • 1933 Industries
  • 4front Ventures
  • Acreage Holdings
  • Ascend Wellness
  • Ayr Wellness
  • Body & Mind
  • C21 Investments
  • Cannabis Stock Quotes & News
  • Cansortium Inc
  • Captor Capital
  • Ceres Acquisition Corp
  • Chalice Brands
  • Columbia Care
  • Cresco Labs
  • CuraLeaf
  • Gage Growth
  • Glass House Brands
  • Green Thumb Industries
  • Grown Rogue International
  • Harborside
  • Item 9 Labs
  • Jushi Holdings
  • Lowell Farms
  • MariMed
  • MedMen Enterprises
  • News
  • Next Green Wave
  • Planet 13
  • Plus Products
  • Product Reviews
  • Red White & Bloom
  • SLANG Worldwide
  • Sol Global Investments
  • TerrAscend
  • TILT Holdings
  • Trulieve
  • Verano Holdings
  • Vext Sciences
  • Vibe Growth

Recent Posts

  • HEMPSANA Announces Q1 2022 Financial Results
  • Akerna Announces Corporate Restructuring
  • California Marijuana Tax Revenue Nears $4 Billion, But Growth Has Stalled, State Analysts Say
  • Rubicon Organics Inc. Announces Change of Auditor and

QR Code

Delta 9 Provides Guidance & Timing for Q2 2021 Results
No Result
View All Result
  • Homepages
    • Home Page 1
  • News

© 2021 High Yields