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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 MuttleyKnowson Sep 18, 2023 4:22am
110 Views
Post# 35640791

RE:RE:And the SAFE vote looks like Sept 27. If it passes🚀to moon

RE:RE:And the SAFE vote looks like Sept 27. If it passes🚀to moonIf the Senate Banking Committee approves then it will most likely pass the full senate vote.  They generally don't advance things through committee stage if they don't have votes to get it passed on the floor of the senate.

Also another piece of good news that doesn't get any notice.  Nevada is still in the process of reviewing their approach to taxing wholesale cannibis sales.  If they make improvements to the way "fair market value" is calculated for tax purposes, it will definitely benefit C21 (i.e. reduce the tax bill).  

After these two items, we should expect the DEA response on re-scheduling this year as well.  Another step to eliminating 280e which is going to massive for the C21's bottom line and free cashflow.
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