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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

Comment by hevinon Dec 09, 2021 11:47am
122 Views
Post# 34214724

RE:RE:Should be less than 3 weeks til results.

RE:RE:Should be less than 3 weeks til results. I hope you're wrong about a softer quarter. My guess is that it might be a little higher in that customers can go out to the pot stores now, not to mention that more people are making the switch to legal cannabis. Of course you've been right more times than me on c21 LOL....
MuttleyKnows wrote:

Results should be out soon. Most likely next week. I would expect that everyone would like to have Christmas week off. 


Expect softer Q over Q numbers as there is weakness across the sector because people are no longer locked down. Also organic growth revenue kicks in Q4 not Q3.  Watch the organic inventory number grow on the balance sheet which should include the first harvest in October from the grow expansion. This inventory will be sold in Q4 to pump up the top line growth. Also they have a refit of the original grow facility coming which should increase productivity by about 20%. 

Existing operations are fine.  Now just go out there to acquire or get sold. 



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