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C21 Investments Inc CXXIF


Primary Symbol: C.CXXI

C21 Investments Inc. is a Canada-based vertically integrated cannabis company. The Company cultivates, processes, and distributes cannabis and hemp-derived consumer products in the United States. The Company is focused on value creation through the disciplined acquisition and integration of core retail, manufacturing, and distribution assets in strategic markets, leveraging industry- retail revenues with multi-market branded consumer packaged goods. The Company holds licenses in Nevada spanning the entire cannabis supply chain. The Company owns Silver State Relief and Silver State Cultivation in Nevada, including legacy Oregon brands Phantom Farms, Hood Oil and Eco Firma Farms. These brands produce and distribute a broad range of tetrahydrocannabinol (THC) and cannabidiol (CBD) products from cannabis flowers, pre-rolls, cannabis oil, vaporizer cartridges and edibles. The Company operates in the state of Nevada.


CSE:CXXI - Post by User

Comment by hevinon Jan 08, 2022 11:24am
121 Views
Post# 34296078

RE:New to this play...

RE:New to this play...Welcome on board what imho is a highly undervalued cannaco. From your thumbs up # it's clear you know a lot about investing. As for moving to gaap, it's my understanding that it's a more international standard (like metric vs. Imperial) but I could be wrong. To me it seems they are just being Uber-cautious in what they're doing. But you may be right that they have other bigger intentions. You'll also see a poster named muttley who seems to more than not be correct about the state of the company. He thinks the next results will show a bump from organic growth so let's hope he's right. Cheers!
mercedesman wrote: I like what I see in terms of insider buying and positve earnings per share (a rareity in this sector)

Has anyone heard what the motivation is behind the move to US GAAP as announced in November ?

https://stockhouse.com/news/press-releases/2021/11/18/c21-investments-announces-transition-to-u-s-gaap-for-q4

Could this be preparations to move to a Nasdaq listing ?  In 2022?

Any coverage that anyone is aware of?

MM


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