The Chief Financial Officer of Delta 9 Cannabis (Other OTC: DLTNF) is Buying Shares

By Carrie Williams

Today, the Chief Financial Officer of Delta 9 Cannabis (DLTNFResearch Report), Jim Lawson, bought shares of DLTNF for $9,450.

Following this transaction Jim Lawson’s holding in the company was increased by 7% to a total of $116.2K. In addition to Jim Lawson, 4 other DLTNF executives reported Buy trades in the last month.

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Based on Delta 9 Cannabis’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $13.23 million and GAAP net loss of -$4,289,627. In comparison, last year the company earned revenue of $11.75 million and had a net profit of $2.05 million. Currently, Delta 9 Cannabis has an average volume of 26.69K.

The insider sentiment on Delta 9 Cannabis has been neutral according to 20 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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Delta 9 Cannabis, Inc. is a vertically integrated cannabis company, which engages in the production of medical and recreational cannabis products. Its products include kami mist, brooklyn sunrise, sesi star, and oil and sprays. The company was founded by John William Arbuthnot III and John William Arbuthnot IV in 2012 and is headquartered in Winnipeg, Canada.