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Delta 9 Is on the Verge of Record Revenue in Q2 2021—What Has Changed?
Delta 9 Cannabis anticipates revenue for the three-month period ending June 30th, 2021 to be between $15.5 million and $17.25 million, an increase of up to a 33% (on the high end), compared with:
- $13.23 million for the first quarter of 2021
- $13.01 million for the second quarter of 2020
- Delta 9 anticipates revenues for the six-month period ending June 30, 2021, to be between $28.75 million and $30.5 million, compared to $24.76 million for the same period last year.
Delta 9's chief executive officer, John Arbuthnot, commented recently that Delta 9 anticipates its Q2 2021 financial results will demonstrate a record revenue quarter for Delta 9 with the company's three business segments contributing to the success of the quarter. Delta 9 anticipates continued growth in all three of our business segments units through the back half of 2021.
John Arbuthnot, CEO and founder of Delta 9 Cannabis, has grown the company from $700,000 in sales in 2017 to over $60 million as of 2021, up 5,448%. The growth strategy for Delta 9 Cannabis is to double its retail store network to 35 stores and expand their turnkey
plug and play growing platforms in the US as the remaining 14 states legalize Cannabis.