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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 May 30, 2023 2:57am
228 Views
Post# 35469695

Latest Financials Are Coming ...

Latest Financials Are Coming ...The latest financials should be out this week.  The company needs to issue the financials before the month end or they need to ask for an extension from the exchange.  I am expecting solid numbers again.

As I have said before, the company needs to start doing deals now that the Sonny loan has been paid off.  I wouldn't be surprised if the company is currently looking at individual standalone dispensaries to buy in Nevada.  The price would be manageable for a debt free company and it would instantly juice up the P&L when the acquired dispensary is plugged into the vertically integrated C21 platform.  If not buying small bolt on dispensaries then the company should buy back CXXI shares.  Either way, these are easy wins for the shareholders as we sit patiently and wait for Washington to get going on cannabis legislation.
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