Delta 9 Expands Distribution Business In Manitoba
Portfolio Pulse from Vuk Zdinjak
Delta 9 Cannabis Inc. (OTC:DLTNF) (TSX:DN) plans to expand its distribution and cross-docking business in Manitoba due to changes in wholesale distribution regulations by Manitoba Liquor & Lotteries Corporation. The new regulations, effective from July 31, 2023, will improve lead times for cannabis shipments and allow the company to bring additional cannabis inventory from third-party suppliers into the province. The company expects to increase its revenues from this new growth segment and shorten lead times for deliveries to 3 – 5 business days.
August 04, 2023 | 3:31 pm
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POSITIVE IMPACT
Delta 9 Cannabis Inc. is expected to benefit from the new regulations in Manitoba, which will allow it to expand its distribution business and increase revenues.
The new regulations in Manitoba will allow Delta 9 Cannabis Inc. to bring additional cannabis inventory from third-party suppliers into the province, which will help it expand its distribution business and increase revenues. The company also expects to improve delivery lead times, which could further boost its business.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Delta 9 Cannabis Inc. is expected to benefit from the new regulations in Manitoba, which will allow it to expand its distribution business and increase revenues.
The new regulations in Manitoba will allow Delta 9 Cannabis Inc. to bring additional cannabis inventory from third-party suppliers into the province, which will help it expand its distribution business and increase revenues. The company also expects to improve delivery lead times, which could further boost its business.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100