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Delta 9 Cannabis Inc. operates as an integrated cannabis company. The company, through its subsidiary, Delta 9 Bio-Tech Inc., 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, decontamination pods, and dried sift cannabis, as well as oils, and extracted and derivative products. The company also offers grow pods and live plants to other licensed and pre-licensed companies. In addition, it operates as a medical clinic that provides physician consultation services to patients seeking a medical recommendation for a cannabis prescription. As of April 20, 2022, the company owned and operated 35 retail stores under the Delta 9 brand name across the Canadian Prairies. Delta 9 Cannabis Inc. was incorporated in 2001 and is headquartered in Winnipeg, Canada.

Delta 9 Cannabis Dividend Announcement

• Delta 9 Cannabis does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Delta 9 Cannabis dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Delta 9 Cannabis Dividend History

Delta 9 Cannabis Dividend Yield

Delta 9 Cannabis current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Delta 9 Cannabis stock? Use our calculator to estimate your expected dividend yield:

Delta 9 Cannabis Financial Ratios

P/E ratio-0.13
PEG ratio-0.01
P/B ratio-0.25
ROE484.43%
Payout ratio0.00%
Current ratio0.30
Quick ratio0.09
Cash Ratio0.02

Delta 9 Cannabis Dividend FAQ

Does Delta 9 Cannabis stock pay dividends?
Delta 9 Cannabis does not currently pay dividends to its shareholders.
Has Delta 9 Cannabis ever paid a dividend?
No, Delta 9 Cannabis has no a history of paying dividends to its shareholders. Delta 9 Cannabis is not known for its dividend payments.
Why doesn't Delta 9 Cannabis pay dividends?
There are several potential reasons why Delta 9 Cannabis would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Delta 9 Cannabis ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Delta 9 Cannabis has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Delta 9 Cannabis a dividend aristocrat?
Delta 9 Cannabis is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Delta 9 Cannabis a dividend king?
Delta 9 Cannabis is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Delta 9 Cannabis a dividend stock?
No, Delta 9 Cannabis is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Delta 9 Cannabis stocks?
To buy Delta 9 Cannabis you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Delta 9 Cannabis stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.