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Delta 9 Cannabis: Finding a Value Investment in the Cannabis Space

Released on Tuesday, May 12, 2020•CANNABIS

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Delta 9 is a vertically integrated cannabis company with three revenue streams: cultivation/wholesale, retail stores and B2B business selling grow pods, genetics, and consulting services. Q1 2020 guidance: The company anticipates revenues for the three-month period ending March 31, 2020 to be between $11.3 million and $11.9 million compared with $5.6 million for the first quarter of 2019 and $10.6 million sequentially for the fourth quarter of 2019. Delta 9 Cannabis anticipates direct cannabis production cost per gram of $0.98 and total grams of cannabis produced of 1,198,983 for the first quarter 2020.

John Arbuthnot

Delta 9 Cannabis, CEO

John Arbuthnot, CEO and founder of Delta 9 Cannabis, has grown the company from $700,000 in sales in 2017 to over $60 million as of 2021, up 5,448%. The growth strategy for Delta 9 Cannabis is to double its retail store network to 35 stores and expand their turnkey plug and play growing platforms in the US as the remaining 14 states legalize Cannabis.