Delta 9 Cannabis Inc. is grappling with significant financial challenges despite ongoing retail expansion, reflected in its low market capitalization of €3.3 million and a share price of €0.007. The company's price-to-sales ratio stands at an unusually low 0.00, suggesting potential growth opportunities.In a surprising move, Delta 9 plans to issue a dividend of €34.00 per share for the 2024 financial year, resulting in an extraordinary dividend yield of 485,714.29%. However, given the company's precarious financial state, this announcement raises questions that warrant careful consideration from investors.
