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C21 Investments Inc C.CXXI

Alternate Symbol(s):  CXXIF

C21 Investments Inc. is a Canada-based vertically integrated cannabis company that 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 with multi-market branded consumer packaged goods (CPG). 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. Its extraction processing supports branded CPG in both captive retail and wholesale channels. It operates approximately three dispensaries.


CSE:CXXI - Post by User

Bullboard Posts
Comment by MuttleyKnowson Jul 14, 2019 9:11pm
112 Views
Post# 29918813

RE:Bought Back in @ 0.73 as

RE:Bought Back in @ 0.73 as I bought some in the 1.80’s. Guess I bought a bit early. Looking at the big restructuring announcement I was seeing good things and jumped in. Besides having the single largest shareholder and creditor being the ceo (which now fully aligns our interests with his), the Oregon debt for shares conversion seems to be under appreciated. This move eliminates USD 13 mill in debt but more importantly also eliminates USD 1.3 mill in interest payments plus hundreds of thousands in lease payments for assets the company now owns. This is a savings of 1.5 to 2.0 mill in expenses annually. So bottom line is not only is revenue growing but the company is aggressively cutting costs. Is this not super positive? 
Bullboard Posts