Delta 9 Opens Fortieth Retail Cannabis Store
January 03 2023 - 5:00PM
DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the
“Company”), is pleased to announce the milestone opening of its
fortieth retail cannabis store. This opening marks the Company’s
eighteenth cannabis store in the Province of Manitoba.
“Delta 9 expanded its retail network by 24
stores in 2022 and we expect continued expansion of our retail
portfolio across Canada next year. The opening of our newest
Winnipeg store highlights our commitment to continued expansion in
our retail segment of our business,” said John Arbuthnot, CEO of
Delta 9. “The Winnipeg market has underpinned the growth of Delta 9
over the past four years, making us Manitoba’s best known cannabis
store.”
Delta 9’s convenient retail cannabis concept,
combined with a strategic focus on high traffic shopping
destinations have been a successful part of the Company’s overall
vertical integration strategy. Within a 2 km range the area tenants
include: Shoppers Drug Mart, Dollar Tree, McDonalds, the Forks in
downtown Winnipeg center and the Norwood Beer vendor.
The new store is located at 78 Marion St. in the
centre of Manitoba’s French speaking community in St. Boniface and
is part of the Norwood Hotel and beer vendor. The Norwood hotel is
the oldest locally family operated hotel in Manitoba, owned by
Sparrow Hotels.
The location offers plenty of free parking
spaces and easy access from the street. The new store offers
customers a modern shopping décor, highly trained staff, and a wide
range of products, including dried cannabis flower, cannabis oil,
edibles, drinkables, vape pens, and concentrates. Store hours are
10:00am to 10:00pm, Sunday to Thursday and 10:00am to 11:00pm,
Friday and Saturday.
For more information contact:
Investor & Media
Contact:Ian Chadsey VP Corporate
AffairsMobile:
204-898-7722E-mail: ian.chadsey@delta9.ca
About Delta 9 Cannabis Inc.
Delta 9 Cannabis Inc. is a vertically integrated
cannabis company focused on bringing the highest quality cannabis
products to market. The company sells cannabis products through its
wholesale and retail sales channels and sells its cannabis grow
pods to other businesses. Delta 9's wholly-owned subsidiary, Delta
9 Bio-Tech Inc., is a licensed producer of medical and recreational
cannabis and operates an 80,000 square foot production facility
in Winnipeg, Manitoba, Canada. Delta 9 owns and operates a
chain of retail stores under the Delta 9 Cannabis Store brand.
Delta 9's shares trade on the Toronto Stock Exchange under the
symbol "DN" and on the OTCQX under the symbol "DLTNF". For more
information, please visit www.invest.delta9.ca.
Disclaimer for Forward-Looking Information
Certain statements in this release are
forward-looking statements, which reflect the expectations of
management regarding the Company’s future business plans and other
matters. Forward-looking statements consist of statements that are
not purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Forward
looking statements in this news release include statements relating
to the Company’s expansion plans. Such statements are subject to
risks and uncertainties that may cause actual results, performance
or developments to differ materially from those contained in the
statements, including all risk factors set forth in the annual
information form of Delta 9 dated March 31, 2022 which
has been filed on SEDAR. No assurance can be given that any of the
events anticipated by the forward-looking statements will occur or,
if they do occur, what benefits the Company will obtain from them.
Readers are urged to consider these factors carefully in evaluating
the forward-looking statements contained in this news release and
are cautioned not to place undue reliance on such forward-looking
statements, which are qualified in their entirety by these
cautionary statements. These forward-looking statements are made as
of the date hereof and the Company disclaims any intent or
obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or results or
otherwise, except as required by applicable securities laws.
Delta 9 Cannabis (TSX:DN)
Historical Stock Chart
From Dec 2024 to Jan 2025
Delta 9 Cannabis (TSX:DN)
Historical Stock Chart
From Jan 2024 to Jan 2025