Delta 9 CEO talks first profitable quarter and relative calm in Manitoba: Q&A
"Believe it or not, amid the global COVID-19 chaos there are companies continuing to operate with a hint of normality — Delta 9 Cannabis Inc. (TSX: DN) appears to be one of them.
The producer, retailer and business-to-business services provider posted its Q4 2019 and year-end financial results yesterday evening.
A profitable quarter is a milestone for Delta 9, who operates in Manitoba where the impact of the novel coronavirus has been much lower than other, more metropolitan provinces. As of publication time, the province had reported only 17 out of Canada’s 1,077 confirmed cases.
From our interview with CEO John Arbuthnot below, you’ll get a sense of just how different things can be in areas less affected by international travel.
Among the company’s financial highlights are revenues of $10.6 million for the fourth quarter of 2019, up 59 per cent from $6.7 million in the previous quarter and up 101 per cent from $5.3 million in the same quarter last year."