DN Stock Drops as Delta 9 Enters Alberta Retail Market

DN stock

DN stock is down nearly 5% today as Delta 9 Cannabis (TSX:DN) (OTCQX:VRNDF) commits to acquiring two Alberta retail locations.

Investors Not Excited By Alberta Expansion

The company announced this morning that it had signed a binding letter of intent with Modern Leaf Group Inc to acquire two of its retail locations in the province of Alberta. The transaction marks the first time Delta 9 has expanded beyond its home province of Manitoba, with the two new stores reportedly located in Calgary and Grand Prairie. This adds to the company’s portfolio of four retail locations and ...

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