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Delta 9 Cannabis TSX:DN Stock Report

Last Price

CA$0.01

Market Cap

CA$3.7m

7D

0%

1Y

-77.8%

Updated

25 Aug, 2024

Data

Company Financials

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

My Notes

Capture your thoughts, links and company narrative

Delta 9 Cannabis Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Delta 9 Cannabis
Historical stock prices
Current Share PriceCA$0.01
52 Week HighCA$0.07
52 Week LowCA$0.005
Beta1.21
1 Month Change0%
3 Month Change-50.00%
1 Year Change-77.78%
3 Year Change-97.62%
5 Year Change-98.90%
Change since IPO-99.65%

Recent News & Updates

It's Unlikely That Shareholders Will Increase Delta 9 Cannabis Inc.'s (TSE:DN) Compensation By Much This Year

Jun 21
It's Unlikely That Shareholders Will Increase Delta 9 Cannabis Inc.'s (TSE:DN) Compensation By Much This Year

It's Down 29% But Delta 9 Cannabis Inc. (TSE:DN) Could Be Riskier Than It Looks

May 10
It's Down 29% But Delta 9 Cannabis Inc. (TSE:DN) Could Be Riskier Than It Looks

Recent updates

It's Unlikely That Shareholders Will Increase Delta 9 Cannabis Inc.'s (TSE:DN) Compensation By Much This Year

Jun 21
It's Unlikely That Shareholders Will Increase Delta 9 Cannabis Inc.'s (TSE:DN) Compensation By Much This Year

It's Down 29% But Delta 9 Cannabis Inc. (TSE:DN) Could Be Riskier Than It Looks

May 10
It's Down 29% But Delta 9 Cannabis Inc. (TSE:DN) Could Be Riskier Than It Looks

Delta 9 Cannabis Inc.'s (TSE:DN) Shares Leap 122% Yet They're Still Not Telling The Full Story

Mar 26
Delta 9 Cannabis Inc.'s (TSE:DN) Shares Leap 122% Yet They're Still Not Telling The Full Story

Market Might Still Lack Some Conviction On Delta 9 Cannabis Inc. (TSE:DN) Even After 122% Share Price Boost

Mar 26
Market Might Still Lack Some Conviction On Delta 9 Cannabis Inc. (TSE:DN) Even After 122% Share Price Boost

Is Delta 9 Cannabis (TSE:DN) Using Too Much Debt?

Sep 09
Is Delta 9 Cannabis (TSE:DN) Using Too Much Debt?

Delta 9 Cannabis Inc. (TSE:DN) Not Doing Enough For Some Investors As Its Shares Slump 27%

Jul 28
Delta 9 Cannabis Inc. (TSE:DN) Not Doing Enough For Some Investors As Its Shares Slump 27%

Does Delta 9 Cannabis (TSE:DN) Have A Healthy Balance Sheet?

Aug 19
Does Delta 9 Cannabis (TSE:DN) Have A Healthy Balance Sheet?

Is Delta 9 Cannabis (TSE:DN) A Risky Investment?

Jan 11
Is Delta 9 Cannabis (TSE:DN) A Risky Investment?

Delta 9 Cannabis (TSE:DN) Is Making Moderate Use Of Debt

Sep 28
Delta 9 Cannabis (TSE:DN) Is Making Moderate Use Of Debt

Delta 9 Cannabis (TSE:DN) Is Carrying A Fair Bit Of Debt

Apr 08
Delta 9 Cannabis (TSE:DN) Is Carrying A Fair Bit Of Debt

John Arbuthnot Is The Co-Founder of Delta 9 Cannabis Inc. (TSE:DN) And They Just Picked Up 1.0% More Shares

Dec 24
John Arbuthnot Is The Co-Founder of Delta 9 Cannabis Inc. (TSE:DN) And They Just Picked Up 1.0% More Shares

Shareholder Returns

DNCA PharmaceuticalsCA Market
7D0%-0.8%-0.7%
1Y-77.8%-27.4%16.3%

Return vs Industry: DN underperformed the Canadian Pharmaceuticals industry which returned 37.6% over the past year.

Return vs Market: DN underperformed the Canadian Market which returned 15.8% over the past year.

Price Volatility

Is DN's price volatile compared to industry and market?
DN volatility
DN Average Weekly Movement54.2%
Pharmaceuticals Industry Average Movement12.0%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: DN's share price has been volatile over the past 3 months.

Volatility Over Time: DN's weekly volatility has increased from 37% to 54% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001320John Arbuthnotwww.delta9.ca

Delta 9 Cannabis Inc., together with its subsidiaries, operates as an integrated cannabis company. The company engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis products. Its products include dried cannabis flowers, pre-rolls, and dried sift cannabis, as well as oils, and extracted and derivative products.

Delta 9 Cannabis Inc. Fundamentals Summary

How do Delta 9 Cannabis's earnings and revenue compare to its market cap?
DN fundamental statistics
Market capCA$3.65m
Earnings (TTM)-CA$19.60m
Revenue (TTM)CA$70.65m

0.1x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DN income statement (TTM)
RevenueCA$70.65m
Cost of RevenueCA$58.10m
Gross ProfitCA$12.55m
Other ExpensesCA$32.15m
Earnings-CA$19.60m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.054
Gross Margin17.77%
Net Profit Margin-27.74%
Debt/Equity Ratio-447.3%

How did DN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/08/25 12:57
End of Day Share Price 2024/07/15 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Delta 9 Cannabis Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kimberly Thompson-HedlinCanaccord Genuity
Siddharth RajeevFundamental Research Corp.
Venkata VelagapudiResearch Capital Corporation