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Delta 9 Cannabis sees improvement in both revenue and gross profit for its third quarter

Delta 9 Cannabis sees improvement in both revenue and gross profit for its third quarter

Delta 9 Cannabis Inc. (TSX:DN) CEO John Arbuthnot tells Proactive the group posted third-quarter results that saw its net revenue jump by 16% year-over-year on the back of sales of cannabis products through its wholesale and retail sales channels. The Winnipeg, Manitoba-based vertically integrated cannabis company reported net revenue of $15.2 million, compared to $13.1 million for the same quarter last year. Its gross profit for the 3Q of 2021 increased by 55% to $4.8 million, compared to $3.1 million in the 3Q of 2020.

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