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Delta 9 Cannabis announces grand opening of its twelfth Delta 9 Cannabis retail store, located in the City of Winnipeg

Published: 07:00 15 Apr 2021 EDT

Delta 9 Cannabis store
Located in one of Winnipeg’s most established communities in the North end of the city on McPhillips Street, the new location enjoys a traffic count of over 65,000 cars a day

Delta 9 Cannabis Inc. (TSX:DN) (OTCQX:DLTNF) has announced the grand opening of its twelfth Delta 9 Cannabis retail store, located in the City of Winnipeg.

The company’s newest retail store, its ninth cannabis store in the Province of Manitoba, is scheduled to open on April 15, 2021.

“We continue to make progress on our goal to roll out up to 20 Delta 9 Cannabis retail stores opening this year across the Prairie provinces. We will accomplish this through select strategic acquisition targets and laser focus on retail store build-outs at convenient and high traffic shopping locations,” said John Arbuthnot, CEO of Delta 9 in a statement.

READ: Delta 9 Cannabis posts company-record $14.2M in revenue for 4Q on retail sales strength

“This growth strategy has worked well in the past and has been a successful part of the Company’s overall vertical integration strategy. We will continue to offer the best selection of cannabis products at the lowest prices, from the most popular cannabis manufacturers in Canada," Arbuthnot added.

The new store is located at 1399 McPhillips Street as part of the Northgate Shopping Centre. The location offers plenty of free parking spaces and easy access from the street. The new store offers customers a modern shopping décor, highly trained staff and a wide range of products, including dried cannabis flower, cannabis oil, edibles, drinkables, vape pens, concentrates and more.

One of Winnipeg’s most established communities in the North end of the city, McPhillips Street enjoys a traffic count of over 65,000 cars a day and is well-appointed to service over 80,000 people living nearby with an average household income of $75,000 per year. The section of McPhillips Street where the new store is located is the focal point for over half a million square feet of retail businesses making it one of the city’s larger shopping destinations. Within a 2 kilometre radius the area tenants include McPhillips Casino, Save-on-foods, Walmart Super Center, Canadian Tire, Real Canadian Super Store and the Garden City Mall.

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.

The company'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

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