Delta 9 Cannabis Inc (TSX:DN) has said it is opening its 39th Delta 9 Cannabis retail store and 17th cannabis store in the province of Manitoba in the heart of the busiest shopping district in Dauphin.
"Delta 9 is Manitoba's Cannabis Store and we're excited to further expand our retail footprint in rural MB. We will continue to expand our retail portfolio across Canada through organic growth and strategic acquisitions in the coming months," said John Arbuthnot, CEO of Delta 9 in a statement.
"We started 2020 with four retail stores and now have 39 cannabis retail stores in operation across the Canadian Prairies. The Company has an aggressive growth strategy to roll up additional cannabis retail stores into the Delta 9 retail network over the next year," he added.
READ: Delta 9 Cannabis forecasts 3Q revenue to be in the robust $15.5M to $15.8M range based on preliminary results
Delta 9's welcoming retail cannabis concept, combined with a focus on convenient and high-traffic shopping destinations have been a successful part of the company's overall vertical integration strategy. Within a 3-kilometre range the area tenants include Walmart, Shoppers Drug store Canadian Tire, Dollar Tree, and Liquor Mart along with several restaurants.
The new store is located at 1351 Main St. in Dauphin and is part of a recently built mall. The location offers plenty of free parking spaces and easy access from the street.
The new store offers customers a modern shopping decor, highly trained staff, and a wide range of products, including dried cannabis flower, cannabis oil, edibles, drinkables, vape pens, concentrates. Store hours are 10.00am to 10.00pm, Sunday to Thursday and 10.00am to 11.00pm, Friday and Saturday.
Delta 9 will provide online and click-and-collect services for the Dauphin location like most of its other cannabis stores in Manitoba. With the click of a mouse, customers can browse and sort through a complete inventory of cannabis products and reserve any product. Delta 9's online platform features allow an order to be ready in two hours or less.
Delta 9 Cannabis is a vertically integrated cannabis company focused on bringing the highest quality cannabis products to market. The company sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses.
Delta 9's wholly-owned subsidiary, Delta 9 Bio-Tech Inc, is a licensed producer of medical and recreational cannabis and operates an 80,000-square-foot production facility in Winnipeg, Manitoba, Canada. Delta 9 owns and operates a chain of retail stores under the Delta 9 Cannabis Store brand.
Contact the author at jon.hopkins@proactiveinvestors.com