C21 Investments Inc C.CXXI

C21 is getting noticed

[MuttleyKnows]

Slowly but surely, C21 is starting to pop up on the radar of investors. People are speculating that C21 is a takeover target. I would agree C21 is a great takeover target but this company is tightly held. It will require a massive premium to get these controlling shareholders to agree to a takeover. That means a much much higher stock price folks. 

Checkout this article. C21 is listed number 5 on this takeover target list. 

https://mjstocktrader.com/the-5-best-small-publicly-traded-cannabis-companies-and-who-is-likely-to-buy-them/

[Socrates88]

Very interesting article although it may not capture all the positive trends impacting this stock. The US $2.40 value seems to undervalue the achievements of the company relative to the industry? What are your thoughts? Fair value could be argued as much higher given that most companies in the sector are burning cash, not producing any earnings, yet are priced higher while they dilute the owners

[MuttleyKnows]

As I said befor that my conservative price estimate for C21 is between C$3.50 to C$4. This is based on the company operations right now. No debt deal. No acquisitions. No SAFE or MORE legislation. If you want me to sell out now if I was the controlling shareholders to an acquirer then I would be looking for a premium so a price above C$5.  I will adjust my valuation model as things develop.&

[charliebitmyfin]

i think people might be taking advantage of the bull market while these guys are working out their expansion plans