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DLTNF / Delta 9 Cannabis reports significant growth in net revenue for first quarter 2023

Delta 9 Cannabis Inc (TSX:DN) has reported its financial and operating results for the first quarter of 2023 which saw significant growth in net revenue to $16.9 million, a 35% increase compared to $12.5 million in the same period last year Gross profit before changes in the fair value of biological assets also showed a positive trend, reaching $4.2 million compared to $3.0 million in the first quarter of 2022, representing a 42% increase. Delta 9 reported a net loss from operations of $1.2 million, an improvement from the $2.9 million loss in the same period last year. Read More

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Posted: May 16 2023, 08:23

Author Name: Proactive Investors

DLTNF News

By Proactive Investors
June 14, 2023

Delta 9 Cannabis secures significant purchase order for eight modular grow pods

Delta 9 Cannabis Inc (TSX:DN) said it has secured a significant purchase order from 1417376 B.C. Ltd.

By Proactive Investors
May 18, 2023

Delta 9 Cannabis welcomes Manitoba Conservative Government's bill to repeal Social Responsibility Fee

Delta 9 Cannabis Inc (TSX:DN) has welcomed the Manitoba Conservative Government's Bill 10 which envisages repealing the 6% Social Responsibility Fee

By Proactive Investors
May 16, 2023

Delta 9 Cannabis reports significant growth in net revenue for first quarter 2023

Delta 9 Cannabis Inc (TSX:DN) has reported its financial and operating results for the first quarter of 2023 which saw significant growth in net rev

By Proactive Investors
May 9, 2023

Delta 9 Cannabis forecasts rise in Q1 revenue

Delta 9 Cannabis Inc (TSX:DN) has provided guidance for the first quarter to March 31, 2023, forecasting revenues of between $16.8 million and $17.0

By Proactive Investors
April 28, 2023

Delta 9 Cannabis secures US purchase order for up to eight of its modular Grow Pods

Delta 9 Cannabis Inc (TSX:DN) said it has secured a purchase order from a US-based customer for up to eight of its modular Grow Pods. The customer, wh

By Proactive Investors
April 25, 2023

Delta 9 Cannabis expands domestic market with Yukon supply deal

Delta 9 Cannabis Inc (TSX:DN) said it has expanded its domestic market with the signing of an agreement to supply recreational use cannabis to Yukon L

By Proactive Investors
April 3, 2023

Delta 9 Cannabis reports record revenue for Q4 and full year 2022

Delta 9 Cannabis Inc (TSX:DN) has reported record revenue in financial and operating results for the three-month and full year ending December 31, 20

By Proactive Investors
March 10, 2023

Delta 9 Cannabis significantly increases its capacity to manufacture prerolled cannabis products

Delta 9 Cannabis Inc (TSX:DN) said it has completed the installation and implementation of its new fully automated preroll manufacturing equipment at

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