20:29:41 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Delta 9 Cannabis Inc
Symbol DN
Shares Issued 153,416,643
Close 2023-06-13 C$ 0.05
Market Cap C$ 7,670,832
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Delta 9 wins $750,000 order for modular grow pods

2023-06-13 18:16 ET - News Release

Mr. Ian Chadsey reports

DELTA 9 AWARDED GROW POD CONTRACT FOR CULTIVATION FACILITY IN BRITISH COLUMBIA

Delta 9 Cannabis Inc. has secured a purchase order from 1417376 B.C. Ltd. for eight of its modular grow pods for a cultivation facility in British Columbia.

1417376 B.C. has also entered into a strategic co-operation agreement with the company, whereby Delta 9 will provide services relating to 1417376 B.C.'s cannabis production facility, development of standard operating procedures and sanitation programs, consulting on Health Canada licensing, marketing services to develop the 1417376 B.C. brand, and other services supporting the acquisition of a Health Canada cultivation and processing licence. The company anticipates the value of the purchase order and strategic co-operation agreement will be approximately $750,000.

"We are delighted to partner with 1417376 B.C. Ltd. on the development of their facility which will include eight of our 'grow pod' systems," said John Arbuthnot, founder and chief executive officer of Delta 9. "Our proven platform for grow pods and services remains to be one of the best options for cannabis industry entrepreneurs seeking equipment, licensing and support services."

The company's cannabis production methodology is based around a modular, scalable and stackable production unit called a grow pod, which are based on retrofitted 40-foot shipping containers. 1417376 B.C.'s production facility has been designed and retrofitted using this turnkey grow pod system. Since 2018 Delta 9 has successfully installed over 250 grow pods in third party facilities across Canada and the United States.

"1417376 B.C. Ltd. is a business partnership owned and family operated on beautiful Vancouver Island, British Columbia. We have plans to service the recreational cannabis market in B.C. and across Canada," said the 1417376 B.C. management team. "We are confident in our ability to produce premium B.C.-grown cannabis products that will delight Canadian consumers."

1417376 B.C. Ltd. is developing a state-of-the-art, 18,000-square-foot microcultivation facility on a 79-acre parcel of land, in Comox Valley, B.C. This retrofit facility houses a microcultivation licence, including eight new grow pod systems, and a proprietary craft growing approach developed by Delta 9. 1417376 B.C.'s initial plan is to focus on growing proprietary strains of 20 plus THC (tetrahydrocannabinol) and expanding its product offering with extracted products in the future. 1417376 B.C. has two more buildings on site slated for future expansion of 30,000 square feet to house an additional 100 or more grow pods.

About Delta 9 Cannabis Inc.

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 a 95,000-square-foot production facility in Winnipeg, Man., Canada. Delta 9 owns and operates a chain of retail stores under the Delta 9 cannabis store brand. Delta 9's shares trade on the Toronto Stock Exchange under the symbol DN and on the OTCQB under the symbol DLTNF.

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