The company logged a gross profit of $13.4 million for the first nine months of 2021, an increase of 16% from $11.6 million for the first nine months of 2020.
“We were pleased to be recognized by the Globe and Mail’s annual survey as the 7th fastest growing company in Canada with a three-year revenue growth rate of 5,413%.
“In the 3Q of 2021 we have seen a degree of seasonality and timing issues relating to provincial government’s purchasing patterns affecting our wholesale business and impacting sequential revenue growth.
“Delta 9 will accomplish this through select strategic acquisition targets and a focus on retail store build-outs at convenient and high traffic shopping locations,” said the company.