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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

Post by MuttleyKnowson Sep 13, 2022 9:47pm
282 Views
Post# 34960866

CXXI Share Price

CXXI Share PriceCXXI is now trading as less than 2X trailing earnings from ongoing operations.  There is a lot of volatility in the overall market as people are swinging between bullishness to bearishness.  However, the CXXI share price has gotten to a point where the shares are being given away.  Personally, I am looking to buy some more CXXI shares after the Fed rate announcement.  Better to get the next 75 bips move out of the way before adding to my position.  Note that I already have a lot of shares so it isn't a big deal telling people what I am going do.  I just see deep value at these levels.  However, I suggest you better have the ability to buy and hold if you also decide to buy as you really shouldn't trade this stock given the current wide spreads and trading volumes.  Also if you do buy like me then just put a bid in and wait for the sellers to come to you as the share price has been range bound between 30 and 40 cents for the past couple of months.  We are not at the bottom end of this range. 
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