Post by
MuttleyKnows on May 30, 2023 2:57am
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.