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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 MuttleyKnowson May 31, 2022 3:26am
145 Views
Post# 34719023

RE:Results taking way too long. Now approaching 6 months

RE:Results taking way too long. Now approaching 6 months

Your timing is amazing. Company just announced a delay in releasing results due to transition in accounting standards. Company also applied to suspend any insider stock trading in the stock during this waiting period.

I don't expect any surprises when the financials are actually released other than the post lock down sales dip which is industry wide. Organic growth will more than offset this weakness over the course of 2022. 

Democrats have proven useless in passing cannabis legislation so I don't have any idea when industry consolidation is coming. C21 needs to focus acquiring something or getting acquired. Lack of legislative progress surely doesn't help management achieve this. 

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