Bullboard - Stock Discussion Forum C21 Investments Inc CXXIF

Primary Symbol: C.CXXI

Healthcare Cannabis

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... see more

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CSE:CXXI - Post Discussion

C21 Investments Inc > Congress will act soon

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Post by MuttleyKnows on Apr 20, 2021 9:50am

Congress will act soon

Only a matter of time now. Legislation is going to be passed sooner rather than later I hope. Rocket is on the launch pad

https://www.newsweek.com/house-gop-dems-tout-4-20-cannabis-bill-matt-gaetz-rips-war-drugs-1584838

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Comment by Tranceaddict on Apr 20, 2021 10:56am

I understand that if Safe Banking Act is passed, Canadian companies that rely on expansion in the US to fuel their stock price will have a harder time. Whereas smaller companies with good cash flow (ie. CXXI) will not be as affected. Is that why you expect a large increase soon?

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Comment by MuttleyKnows on Apr 22, 2021 10:41am

A comprehensive banking bill allows cannabis companies access to the federally regulated banking system. This is the most basic benefit. Next benefit ... many more investors and banks will be able to invest in and finance the cannabis industry. This kicks off the consolidation of the Industry where C21 will either be an acquirer or be acquired. Finally banking reform will ...more

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