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Delta 9 is a Growth Story

Released on Tuesday, February 8, 2022•CANNABIS INVESTMENTS

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Delta 9 achieves record 2021 Revenue; guidance to low $60 million. Up ~19% over 2021.

Sales have grown from $700,000 in 2017 to over $60 million in 2021, up 5,448%.

Delta 9 Cannabis' revenue for 9 months in 2021 were up 19%, $45.2 million versus $37.9 million in 2020.

“We are anticipating reporting strong year-over-year and sequential revenue results for the fourth quarter of 2021.” said John Arbuthnot, CEO of Delta 9. "Delta 9 is working to differentiate itself from its peers by posting strong financial and operating results and continuing to grow its revenue streams from its three core business units."

The growth strategy for Delta 9's business units in 2022 is:

Retail Stores: Double our retail store network to 35 stores from 16 in 2022
B2B Grow Pods: Sell our turnkey "plug and play" growing platforms in the US
Wholesale production: Lower our cost per gram, currently at $0.58

Ian Chadsey

Delta 9 Cannabis, VP IR & Corporate Affairs

Ian Chadsey MBA, CPA is vice president of investor and media relations with over 20 years experience. He is responsible for the development of a pro-active investor relations program designed to raise awareness and build relationships with equity analysts, portfolio managers, investment bankers and financial media. Prior experience includes VP of investor & media relations at Bell MTS and Nutrient (former Agrium). Mr. Chadsey began his career as a sell side equity analyst with Deacon Morgan in Toronto and followed this by building a successful investor/media consulting firm.