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C21 Investments Inc CXXIF


Primary Symbol: C.CXXI

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

Comment by MuttleyKnowson Dec 05, 2020 2:09am
151 Views
Post# 32043286

RE:RE:Organic Growth Plan Explained

RE:RE:Organic Growth Plan Explained

Simple answer is Q1 and Q2 results are COVID impacted as I would expect Q3 to a certain extent. Hard to make year over year quarterly comparisons. Instead I would focus on the Nevada market share statistics issued by the state. C21 has grown its state wide market share during and after the COVID lockdown. This is what is important as things get back to normal eventually. C21 has been attracting new customers which will eventually provide further organic growth opportunities. 


As for acquisitions, this will only happen after non dilutive deal deal is done. January would be the earliest. However, don't expect C21 to buy on the strip and go head to head against planet 13 right away.  They will likely target off strip locations that service the local population first. This is their bread and butter. 

Hope this answers your questions. 

Just keep in mind that the future is bright but a little more patience is needed. We have all waited for so long already but the payoff is coming in months not years. 

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