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Bullboard - Stock Discussion Forum C21 Investments Inc CXXIF


Primary Symbol: C.CXXI

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... see more

CSE:CXXI - Post Discussion

C21 Investments Inc > Some investors forgetting....
View:
Post by hevin on Nov 21, 2020 11:30am

Some investors forgetting....

We broke even last quarter and we keep growing quarterly so it's likely there will be a positive earnings next quarter....to the moon alice... everything on our side, the debt issue settled too Glta longs
Comment by Polaris570 on Nov 21, 2020 11:47am
For a debt issue settle this stock did not increase much after the news. Starting to have my doubts about this company. Hope the next earnings are good again and that good news come out soon because I've been holding for a long time and I sure hope this investement doesn't go down 90% like it did in the past. Seems like they are diluting shares to me.
Comment by MuttleyKnows on Nov 21, 2020 8:50pm
I agree I am surprised the SP didn't go up more on this great news. The company has solved the short term debt problem that people have been concerned about including me. This also not a fire sale dilutive deal.  Do you see anything priced below the current share price? This deal sets up the company for next stage which is growth. Read this article below. Bruce tells you what the ...more  
Comment by Polaris570 on Nov 22, 2020 8:47am
Thanks Muttley! At least the SP didn't go down. Hope these guys make smart, well managed and money making acquisitions that will make the SP go up from here. Apparently August revenue was over 3 million again in Nevada, lets hope September and November are just as good and that the fire damage will have minimal impact on revenue. I guess we should know that around Christmas time and that this ...more  
Comment by MuttleyKnows on Nov 23, 2020 8:36am
I am told that the Oregon fire damage was minimal. Not that important though as you rightly point out that it is all about Nevada. The key for that business is that it is vertically integrated. They have capacity to expand their production to supply more retail outlets and create a wholesale business. Watch out for these two moves. Low cost and highly accretive to revenue, cash flow and earnings.& ...more  
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