Delta 9 Cannabis Inc
TSX:DN

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Delta 9 Cannabis Inc Logo
Delta 9 Cannabis Inc
TSX:DN
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Price: 0.01 CAD
Market Cap: 3.5m CAD

Gross Margin
Delta 9 Cannabis Inc

26.1%
Current
26%
Average
48.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
26.1%
=
Gross Profit
18.4m
/
Revenue
70.7m

Gross Margin Across Competitors

Delta 9 Cannabis Inc
Glance View

Market Cap
3.5m CAD
Industry
Pharmaceuticals

Delta 9 Cannabis, Inc. is a vertically integrated cannabis company, which engages in the production of medical and recreational cannabis products. The company is headquartered in Winnipeg, Manitoba and currently employs 210 full-time employees. The company went IPO on 2004-03-31. The firm operates through three segments: Wholesale Cannabis, Retail Cannabis and Merchandise and Devices and Grow Pods. The Company, through its wholly owned subsidiary, Delta 9 Bio-Tech Inc., is a licensed producer of medical and recreational cannabis products and operates an 80,000 square foot Health Canada licensed production facility in Winnipeg, Manitoba, Canada. The company owns and operates a chain of retail stores under the Delta 9 Cannabis Store brand. The firm also operates a business to business, selling Grow Pods, Cannabis genetics, and providing consulting and licensing services to other cannabis businesses. The firm sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses. The company operates 12 cannabis retail stores with an additional eight retail outlet stores in jurisdictions.

DN Intrinsic Value
Not Available
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
26.1%
=
Gross Profit
18.4m
/
Revenue
70.7m
What is the Gross Margin of Delta 9 Cannabis Inc?

Based on Delta 9 Cannabis Inc's most recent financial statements, the company has Gross Margin of 26.1%.

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