Delta 9 Applauds Manitoba Government on Bill 10 Amendment to Repeal 6% Social Responsibility Fee
Delta 9 Applauds Manitoba Government on Bill 10 Amendment to Repeal 6% Social Responsibility Fee
WINNIPEG, Manitoba, May 17, 2023 (GLOBE NEWSWIRE) -- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQB: DLTNF) ("Delta 9" or the "Company"), is pleased to support Bill 10 proposed by the Manitoba Conservative Government which would repeal the 6% Social Responsibility Fee (the "SRF") on gross retail cannabis revenues. The Bill, if passed, would eliminate SRF owing from retailers retroactive to January 1, 2022. During the public consultations on Bill 10, cannabis retailers, including Delta 9, have encouraged the government to waive the fees owed for 2022 and 2023.
温尼伯，马尼托巴省，2023年5月17日(环球通讯社)--Delta 9大麻公司。多伦多证券交易所股票代码：DN)(OTCQB：DLTNF)(“Delta 9”或“公司”)很高兴支持马尼托巴省保守党政府提出的法案10，该法案将废除对大麻零售总收入征收6%的社会责任费(“SRF”)。如果该法案获得通过，将取消零售商自2022年1月1日起应支付的SRF。在就法案10进行公众咨询期间，包括Delta 9在内的大麻零售商鼓励政府免除2022年和2023年的欠费。
"We would like to thank the Manitoba Conservative Government and Minister Cullen for proposing the amendment to make the SRF repeal retroactive to January 2022. Cannabis retailers have voiced the need for this type of financial support to invest that capital back into their business, to lower prices, educate the public, create more jobs, and continue to put an end to the illegal market," said John Arbuthnot, CEO of Delta 9. "When the social responsibility fee is eliminated, Manitoba will have one of the most competitive pricing programs for cannabis in Canada. This is a strong demonstration from the Manitoba Conservative Government that they have listened to the concerns of stakeholders and have brought forward swift supports for the cannabis retail sector."
Delta 9首席执行官约翰·阿巴斯诺特表示：“我们要感谢马尼托巴省保守党政府和卡伦部长提出的修正案，使废除SRF的规定追溯到2022年1月。大麻零售商已经表示，需要这种类型的财政支持，将资金重新投资于他们的业务，以降低价格，教育公众，创造更多就业机会，并继续结束非法市场，”Delta 9首席执行官约翰·阿巴斯诺特说。当社会责任费取消后，马尼托巴省将拥有加拿大最具竞争力的大麻定价计划之一。这是马尼托巴省保守党政府的一个强有力的证明，表明他们听取了利益相关者的关切，并迅速提出了对大麻零售部门的支持。
The social responsibility fee was introduced in 2018 to fund the social costs of public education, safety, and health for cannabis and eliminate the Manitoba PST charge. When Bill 10 passes, the Manitoba government is expected to enter the federal excise tax agreement which is expected to be revenue neutral for the province going forward.
社会责任费于2018年推出，以资助大麻的公共教育、安全和健康的社会成本，并取消马尼托巴省的PST费用。当法案10获得通过时，马尼托巴省政府预计将签署联邦消费税协议，预计该协议将对该省未来的收入产生中性影响。
For more information contact:
Investor & Media Contact:
Ian Chadsey VP Corporate Affairs
Mobile: 204-898-7722
E-mail: ian.chadsey@delta9.ca
如需更多信息，请联系：
投资者和媒体联系人：
伊恩·查德西公司事务副总裁
移动电话：204-898-7722
电子邮件：ian.chadsey@delta9.ca
About Delta 9 Cannabis Inc.
关于Delta 9大麻公司
Delta 9 Cannabis Inc. 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 an 95,000 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. Delta 9's shares trade on the Toronto Stock Exchange under the symbol "DN" and on the OTCQB under the symbol "DLTNF". For more information, please visit .
Delta 9大麻公司是一家垂直整合的大麻公司，专注于将最高质量的大麻产品推向市场。该公司通过其批发和零售渠道销售大麻产品，并将其大麻种植豆荚销售给其他企业。Delta 9‘S的全资子公司Delta 9 Bio-Tech Inc.是一家获得许可的医疗和娱乐用大麻生产商，在加拿大马尼托巴省的温尼伯经营着一个95,000平方英尺的生产设施。Delta 9拥有并运营着Delta 9大麻商店品牌下的零售连锁店。达美航空9‘S的股票在多伦多证券交易所和场外交易市场的交易代码分别为“DN”和“DLTNF”。欲了解更多信息，请访问。
Disclaimer for Forward-Looking Information
对前瞻性信息的免责声明
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's future business plans and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include (i) statements relating to amendments to Bill 10 to repeal the SRF and (ii) statements relating to the approval and passage of Bill 10. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including the Company's actual financial results being different from its estimates as well as all risk factors set forth in the annual information form of Delta 9 dated March 31, 2023 which has been filed on SEDAR. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are urged to consider these factors carefully in evaluating the forward-looking statements contained in this news release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. These forward-looking statements are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
本新闻稿中的某些陈述是前瞻性陈述，反映了管理层对公司未来业务计划和其他事项的期望。前瞻性陈述包括非纯粹历史性的陈述，包括有关对未来的信念、计划、期望或意图的陈述。本新闻稿中的前瞻性陈述包括(I)有关废除SRF的第10号法案修正案的陈述和(Ii)有关批准和通过第10号法案的陈述。这些陈述会受到风险和不确定性的影响，可能会导致实际结果、业绩或发展与陈述中包含的大不相同，包括公司的实际财务结果与其估计的不同，以及已在SEDAR上提交的日期为2023年3月31日的Delta 9年度信息表格中列出的所有风险因素。不能保证前瞻性陈述中预期的任何事件都会发生，或者如果发生了，公司将从中获得什么好处。敦促读者在评估本新闻稿中包含的前瞻性陈述时仔细考虑这些因素，并告诫读者不要过度依赖这些前瞻性陈述，这些前瞻性陈述完全受这些警告性陈述的限制。这些前瞻性陈述是自本新闻稿发布之日起作出的，除非适用的证券法要求，否则公司没有任何公开更新任何前瞻性陈述的意图或义务，无论是由于新信息、未来事件或结果或其他原因。