Delta 9 Cannabis Inc (TSX: DN) (OTCQX: VRNDF) was initially founded in in 2012 by father and son team, Bill and John Arbuthnot, and obtained a license to distribute medical cannabis in March 2014, becoming the 4th Licensed Producer of medical cannabis in Canada.
Today, the company has a well-established 80,000 square foot production facility in East Winnipeg and has seen its numbers swell from 2 to 300 employees.
Delta 9 Cannabis Inc. (“D9”) is a vertically integrated cannabis company that primarily serves the recreational cannabis market in Canada. D9 operates through three primary business divisions: (1) cultivation & wholesale, (2) retail stores, and (3) B2B consulting & grow pods. D9 is a market leader in Manitoba, holding 35% market share with 7 retail stores in Canada, with plans to operate five more retail cannabis stores by 2021. The company currently operates a facility that is capable of cultivating 8,325 kg of cannabis per annum with licences to sell to 72% of Canada’s population.
D9 has sold over 160 Grow pods, valued at $12 million in revenue over the last 12 months. Grow pods are 40-foot cube shipping containers retrofitted to be able to cultivate cannabis hydroponically and provide a high level of control over the crop. These pods are modular, scalable, stackable and are designed to mitigate the risk of significant crop loss.
John Arbuthnot, Founder and CEO of Delta 9 Cannabis Inc., will be hosting a discussion entitled “Update on Delta 9and the Cannabis industry after Covid-19” at the upcoming Benzinga Cannabis Capital Conference.
To learn more about Delta 9 Cannabis, visit https://www.delta9.ca/
For registration information and further details on Benzinga’s Cannabis Capital Conference, visit https://www.benzinga.com/events/cannabis/virtual/
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