VTC/H Delta 9 Cannabis

Delta 9 to Open Ninth Cannabis Retail Store

Delta 9 to Open Ninth Cannabis Retail Store

WINNIPEG, Manitoba, Dec. 21, 2020 (GLOBE NEWSWIRE) -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce the grand opening of its ninth Delta 9 Cannabis retail store, and sixth cannabis store in the Province of Manitoba. Delta 9’s newest retail store is located in the City of Winnipeg and is scheduled to open on December 22, 2020.

“We’re excited to bring Delta 9 and our many brand partners to the residents of Transcona and surrounding areas while contributing to their community as a socially responsible and community-oriented business.” said John Arbuthnot, CEO of Delta 9. “Winnipeg has been an amazing market for us, and we want to continue to invest and grow here. Our retail strategy is to offer some of the best selection of cannabis products at the lowest prices from the most popular cannabis manufacturers in Canada.”

Delta 9 now has six stores open servicing Manitobans and nine in total across Canada. The Company plans to open up to 20 total Delta 9 retail stores by 2022 and has a long-term vision of opening many more Delta 9 branded retail stores across Canada.

Delta 9’s welcoming retail cannabis concept, combined with a focus on convenient and high traffic shopping destinations have been a successful part of the Company’s overall vertical integration strategy. At approximately 1800 square feet, the newest Delta 9 Cannabis Store is situated at the major intersection of Regent Ave (Route 37) and Lagimodiere Blvd (Route 59). This intersection is the focal point for over 2.5 million square feet of retail businesses making it the city’s second largest shopping destination. The surrounding area tenants include: Walmart, Home Depot, Costco, Superstore, Rona, Canadian Tire, Princess Auto, Goodlife Fitness, Kildonan Place Shopping Centre and Sobey’s. The Regent and Lagimodiere Boulevard traffic corridor in Northeast Winnipeg sees over 95,000 vehicles every day and is the busiest shopping district in the vicinity.

The new store offers customers an open and modern shopping décor, highly trained staff and a wide range of products, including dried cannabis flower, cannabis oil, edibles, drinkables, vape pens, concentrates, a full assortment of cannabis accessories and will provide touchless Click & Collect service. Members of the public can also sign up for free cannabis education courses offered in the store’s education center.

“We’ve seen the value that brick-and-mortar retail stores bring to our consumers; welcoming new guests to learn about cannabis, building relationships in new communities and we’re excited to contribute to the local economy,” Said Arbuthnot. "We will continue to grow our retail footprint and establish ourselves as a large volume cannabis retailer in Canada."

For more information contact:

Investor & Media Contact:

Ian Chadsey VP Corporate Affairs

Mobile: 204-898-7722

E-mail:

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 "VRNDF". For more information, please visit

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 the Company’s expansion plans. 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 all risk factors set forth in the annual information form of Delta 9 dated March 19, 2020 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.



EN
21/12/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Delta 9 Cannabis

 PRESS RELEASE

Delta 9 Reports Financials for Q2 2023

Delta 9 Reports Financials for Q2 2023 WINNIPEG, Manitoba, Aug. 14, 2023 (GLOBE NEWSWIRE) -- DELTA 9 CANNABIS INC. (TSX: DN) (OTC: 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, 2023. Financial Highlights for the three-month period ending June 30, 2023 Net revenue of $18.3 million for the second quarter of 2023, an increase of 4%, from $17.5 million for the same quarter last year. Sequential net revenue increased 8% versus $16.9 million for the three-month period ending March 31, 2023. ...

 PRESS RELEASE

Delta 9 to Supply Cannabis to Northwest Territories

Delta 9 to Supply Cannabis to Northwest Territories WINNIPEG, Manitoba, Aug. 09, 2023 (GLOBE NEWSWIRE) -- DELTA 9 CANNABIS INC. (TSX: DN) (OTC: DLTNF) (“Delta 9” or the “Company”), is pleased to announce that it has been approved to supply recreational use cannabis products to Northwest Territories Liquor and Cannabis Commission for sale in Northwest Territories. “This marks Delta 9’s eighth Canadian provincial and territorial supply approval after, Manitoba, Saskatchewan, Alberta, British Columbia, Ontario, Newfoundland and Labrador, and Yukon Territory,” said Alexa Goertzen, Vice Pre...

 PRESS RELEASE

Delta 9 Expands Distribution Business in Manitoba

Delta 9 Expands Distribution Business in Manitoba WINNIPEG, Manitoba, Aug. 02, 2023 (GLOBE NEWSWIRE) -- DELTA 9 CANNABIS INC. (TSX: DN) (OTC: DLTNF) ("Delta 9" or the "Company"), is pleased to announce that, through its wholly owned subsidiary Delta 9 Logistics Inc., it intends to expand its distribution and cross-docking business in Manitoba as a result of Manitoba Liquor & Lotteries Corporation (“MBLL”) changes to wholesale distribution regulations. Effective July 31, 2023, MBLL implemented a set of new regulatory enhancements intended to improve lead times for the delivery of cannabis...

 PRESS RELEASE

Delta 9 Provides Guidance & Timing for Q2 2023 Results

Delta 9 Provides Guidance & Timing for Q2 2023 Results WINNIPEG, Manitoba, July 26, 2023 (GLOBE NEWSWIRE) -- DELTA 9 CANNABIS INC. (TSX: DN) (OTC: DLTNF) (“Delta 9” or the “Company”) is pleased to provide guidance on its revenue forecast for the three- and six-month period ending June 30, 2023 based on preliminary results: The Company anticipates revenue for the three-month period ending June 30, 2023, to be between $18.2 million and $18.8 million compared with; $16.9 million for the first quarter of 2023.$17.5 million for the second quarter of 2022. The Company anticipates revenue f...

 PRESS RELEASE

Delta 9 Cannabis Inc. Announces Voting Results for its 2023 Annual Gen...

Delta 9 Cannabis Inc. Announces Voting Results for its 2023 Annual General and Special Meeting of Shareholders WINNIPEG, Manitoba, June 30, 2023 (GLOBE NEWSWIRE) -- 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 2023 annual general and special meeting of shareholders of the Company (the “Meeting”). A total of 40,205,444 common shares of the Company (“Shares”) representing 24.86% of the 161,737,167 issued and outstanding Shares were voted in connection with the Meeting. Shareholders ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch