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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

Post by MuttleyKnowson Aug 03, 2021 7:57am
248 Views
Post# 33641333

Organic Growth Update

Organic Growth Update

It looks like the organic growth plans are being executed as expected. Phase 1 growth will be adding USD 6 million to the top line in Q3 and USD 17 million in Q4. Both of these numbers are on an annualised basis. 

Note that the company's priority is to supply their own internal needs with this new capacity from their grow expansion. However there will be surplus production to wholesale by the end of the year if they don't acquire any new retail outlets. 

Margins are going to great on this new grow capacity and will move the needle for the whole company. Looks like overall margins for the entire company will be improved by double digits in percentage terms. 

Like I said before I am holding out for acquisitions by the company or for the company to be acquired. This company maybe unloved by the market but it is hugely undervalued. 

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