C21 Investments Inc C.CXXI

Q2

[mercedesman]

Would have preferred a faster ramp up at Reno and a quicker return to profitability. 

Should happen in Q3 or worst case Q4 

Economies of scale will be proven out. 

New legislation ( less regulation, decriminalization) likely in 2025 or 2026 - before the mid-tems(?) while one party is in control and can take credit. All cannabis Co.s will pop large. 

Nice to be in one that doesn't have to dilute to survive until that  inevitable day comes. 

MM

[MuttleyKnows]

Fingers crossed.  It looks like we have survived this long and painful road to decriminatlization.   Don't think C21 will be able to make anymore acquistions at this point but at least the new Reno location should continue to build sales volume. I wonder what is going to happen on the re-scheduling front.  Guidance was expected to be announced in December.

[mercedesman]

Post rescheduling, the hope is that they will be able to use their shares for acquisitions ( as opposed to debt)  In the meantime, they should have perfected the art of incremental growth & generating economies of scale.    MM