CXXI.CN - C21 Investments Inc.

Canadian Sec - Canadian Sec Delayed Price. Currency in CAD
0.6400
+0.0300 (+4.92%)
At close: 3:59PM EDT
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Previous Close0.6100
Open0.6200
Bid0.6300 x 0
Ask0.6400 x 0
Day's Range0.5500 - 0.6500
52 Week Range0.5500 - 2.5200
Volume517,083
Avg. Volume219,665
Market Cap52.631M
Beta (3Y Monthly)-0.95
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • CNW Group

    C21 Investments Q2 Revenue Increases 27% to $9.86 Million

    VANCOUVER, Sept. 12, 2019 /CNW/ - C21 Investments Inc. ("C21") (CSE: CXXI and OTC: CXXIF) today announced unaudited financial results for the second quarter of fiscal 2020 ending July 31, 2019. Revenue for Q2 was $9.86 million, an increase of 27% versus the prior quarter. This revenue generated adjusted EBITDA of $0.8 million, an increase of 393% over Q1.  C21 also maintained a strong gross margin of 44% (43% in Q1).1 C21 achieved approximately $3.7 million in annual run rate savings by the end of Q2, and has now increased the annual savings to approximately $5.4 million.  The one-time costs of achieving these savings have been nominal.

  • Newsfile

    C21 Investments Engages CB1 Capital as Strategic Business Advisors

    Vancouver, British Columbia--(Newsfile Corp. - September 11, 2019) - C21 Investments Inc. (CSE: CXXI) (OTCQB: CXXIF) ("C21 Investments" or the "Company"), a U.S. based multi-state cannabis operator, is pleased to report that it has engaged CB1 Capital Advisors LLC, a New York-based advisory firm focusing on health and wellness through cannabinoids, as strategic business advisors. CB1 Capital Advisors is an advisory firm that focuses on companies in the supply chain of cannabinoid-based wellness solutions, ...

  • GlobeNewswire

    BELGRAVIA provides Corporate Update

    BELGRAVIA CAPITAL INTERNATIONAL INC. (CSE:BLGV) (BLGVF) (“Belgravia” or the “Company”) is pleased to provide a corporate update. Financial statements for the six-month period ended June 30, 2019 were filed on August 23, 2019. Belgravia reported working capital as at June 30, 2019 of $8,435,635.

  • Newsfile

    C21 Investments Announces Amendment to Forward-Cash Obligations to Vendors of Swell Companies

    Vancouver, British Columbia--(Newsfile Corp. - September 4, 2019) - C21 Investments Inc. (CSE: CXXI) (OTCQB: CXXIF) ("C21 Investments" or the "Company") today announced that it has entered into an agreement (the "Amended Agreement") with the former owners (the "Swell Vendors") of Swell Companies Limited ("Swell") to amend the terms of the Company's forward-cash obligations to the Swell Vendors.Pursuant to the terms of the Amended Agreement: (a) the cash sum due to the Swell ...

  • Newsfile

    C21 Investments Announces Upgrade to OTCQB Venture Market

    Vancouver, British Columbia--(Newsfile Corp. - August 23, 2019) - C21 Investments Inc. (CSE: CXXI) (OTCQB: CXXIF) ("C21 Investments" or the "Company")  today announced approval to trade on the OTCQB® Venture Market under the symbol CXXIF, effective immediately. OTCQB is considered by the U.S. Securities and Exchange Commission ("SEC") as an "established public market" for the purpose of determining the public market price when registering securities for resale with the SEC. Ability to trade ...

  • CNW Group

    C21 Investments announces unaudited revenue of US$9.8 million for the second quarter of the 2020 fiscal year

    VANCOUVER, Aug. 8, 2019 /CNW/ - C21 Investments Inc. (CSE: CXXI and OTC: CXXIF) today announced unaudited financial results for the three months period ending July 31, 2019. The company continues to leverage its strong Silver State retail platform selling its "Hood Oil" vape line in Nevada.

  • CNW Group

    C21 Investments common shares eligible for DTC in the United States

    Service provides simplified access for U.S. investors who want to trade Canadian securities VANCOUVER , July 30, 2019 /CNW/ - C21 Investments Inc. ("C21 Investments" or the "Company") ...

  • C21 Investments releases letter to shareholders
    CNW Group

    C21 Investments releases letter to shareholders

    VANCOUVER, July 16, 2019 /CNW/ - C21 Investments, Inc. (CSE: CXXI and OTC: CXXIF) today released a letter from Sonny L. Newman, President and CEO, to the Company's shareholders. The letter follows below and can also be accessed from the Company's website at www.cxxi.ca. It has been about a week since my appointment as President and CEO of C21 Investments.  With my first letter, I would like to briefly outline my strategy that has the potential to create long-term value for all of our shareholders.  Like you, I have a vested interest in developing a path to a profitable, cash-flow positive and well capitalized company for future expansion.

  • CNW Group

    IIROC Trade Resumption - CXXI

    VANCOUVER , July 8, 2019 /CNW/ - Trading resumes in: Company: C21 Investments Inc. CSE Symbol: CXXI (All Issues) Resumption (ET): 2:30 PM IIROC can make a decision to impose a temporary suspension (halt) ...

  • CNW Group

    C21 Investments appoints Sonny Newman as CEO

    VANCOUVER, July 8, 2019 /CNW/ - C21 Investments, Inc. (CSE: CXXI and OTC: CXXIF) today announced that Sonny Newman is succeeding Robert Cheney as President and Chief Executive Officer of C21 Investments effective immediately. Sonny Newman is the Founder of Silver State Relief and Silver State Cultivation in Nevada, and has several other companies in electronics, manufacturing, electronics distribution, real estate development and an investment company.  Mr. Newman was the sole owner of the Silver State companies when they were purchased by C21 Investments earlier this year and is today the largest shareholder of C21 Investments holding approximately 15.3% of the outstanding shares.  Mr. Newman's proven operational and financial discipline in the cannabis and other sectors shows his ability to build solid teams and make strategic investments into opportunistic markets.

  • CNW Group

    C21 Investments Updates Status of Secured Debt and Forward Obligations

    VANCOUVER, July 8, 2019 /CNW/ - C21 Investments Inc. ("C21 Investments" or the "Company") (CSE: CXII and OTC: CXXIF) advises that it has reached agreement to restructure payments under a US$30 million promissory note, with interest at 10%, issued on January 15, 2019 ("Note") to Mr. Sonny Newman in connection with the Company's purchase of Silver State Relief LLC and Silver State Cultivation LLC. The Note, issued to Mr. Newman as part of the Silver State purchase terms, is secured against the Silver State companies and their assets and had an outstanding principal balance of US$27 million on June 30, 2019.  Mr. Newman has agreed in lieu of the principal instalment of US$6.0 million due July 1 to accept such amount in an instalment of US$2 million plus interest, which has been paid, and further monthly instalments of $800,000 per month plus interest commencing on August 1, 2019 and continuing for the next ensuing four months when the monthly instalments increase to US$2 million.

  • CNW Group

    IIROC Trading Halt - CXXI

    VANCOUVER , July 8, 2019 /CNW/ - The following issues have been halted by IIROC: Company: C21 Investments Inc. CSE Symbol: CXXI (all issues) Reason: At the request of the Company Pending News Halt Time ...

  • C21 Investments launches B2B cannabis distribution company
    CNW Group

    C21 Investments launches B2B cannabis distribution company

    VANCOUVER , June 25, 2019 /CNW/ - C21 Investments, Inc. (CSE: CXXI and OTC: CXXIF) today announced that it has created a wholesale distribution company, C21 Supply Co.  The supply company will further ...

  • C21 reports unaudited revenue of US$3.2 million for May 2019
    CNW Group

    C21 reports unaudited revenue of US$3.2 million for May 2019

    Record number of customer transactions VANCOUVER , June 11, 2019 /CNW/ - C21 Investments Inc. ("C21 Investments" or the "Company") (CSE: CXXI and OTC: CXXIF) today announced unaudited ...

  • Newsfile

    C21 Investments Inc. Announces Issuance of Convertible Promissory Note

    Vancouver, British Columbia--(Newsfile Corp. - May 29, 2019) - C21 Investments Inc. (CSE: CXXI) (OTC Pink: CXXIF) ("C21 Investments" or the "Company"), in connection with the purchase of Swell Companies Limited ("Swell") (see news release dated May 27, 2019), the Company and its wholly owned subsidiary, 320204 Oregon Holdings Corp., have issued a US$1,000,000 promissory note (the "Note") to Sicilia Solutions LLC ("Sicilia"), a creditor of Swell, in consideration, inter alia, of Sicilia's agreement ...

  • CNW Group

    C21 Investments Announces Closing of Non-Brokered Private Placement for Proceeds of CDN$7.7 million

    VANCOUVER, May 29, 2019 /CNW/ - C21 Investments Inc. ("C21 Investments" or the "Company") (CSE: CXXI and OTC: CXXIF) today announced the closing of a non-brokered private placement financing (the "Financing") of 5,589,493 units of the Company (each, a "Unit") at a price of CDN$1.38 per Unit, with each Unit being comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"), for total gross proceeds of CDN$7,713,500. Each Warrant is exercisable for one additional Common Share of the Company (each, a "Warrant Share") at an exercise price of $1.83 per Warrant Share for a period of one (1) year. The Common Shares and Warrants issued under the Financing, and the Warrant Shares issuable upon exercise of the Warrants, are subject to a hold period that expires on September 29, 2019.

  • CNW Group

    C21 Investments completes acquisition of Swell Companies

    VANCOUVER, May 27, 2019 /CNW/ - C21 Investments Inc. ("C21", "C21 Investments" or the "Company") (CSE: CXXI and OTC: CXXIF) today announced that it has completed the acquisition of all of the issued and outstanding shares in Oregon-based Swell Companies Limited ("Swell"). "Swell is the Company's fifth completed acquisition in the United States," said Robert Cheney, President and CEO of C21 Investments.

  • CNW Group

    C21 Investments announces unaudited revenue of US$7.7 million for first quarter of 2020 fiscal year

    VANCOUVER, May 6, 2019 /CNW/ - C21 Investments Inc. (the "Company") (CSE: CXXI and OTC: CXXIF) today announced unaudited revenue of US$7.7 million for the 1st quarter ended April 30, 2019.  This amount reflects revenue from the Company's operations in Nevada and Oregon.  Unaudited gross margin (before fair value adjustments) is estimated to be 54%.  Gross margin has decreased from previously reported figures due to a reclassification of excise taxes which the company now believes to be deductible for tax purposes as cost of goods sold.  During the quarter, C21's retail dispensaries completed 140,000 customer transactions.  These figures do not include revenue from Swell Companies, which is an acquisition expected to close this month. The Company's next revenue report will be for the 2nd quarter ending July 31, 2019.

  • Phantom Farms introduces new Vape Pen for US$3 billion market
    CNW Group

    Phantom Farms introduces new Vape Pen for US$3 billion market

    VANCOUVER , May 1, 2019 /CNW/ - C21 Investments, Inc. (CSE: CXXI) today announced the launch of a new product: the Phantom Vape Pen. The highly anticipated vape pen solves a number of industry challenges ...

  • CNW Group

    C21 Investments Receives Regulatory Approval for Transfer of Swell Companies' Oregon Licenses

    Swell has a 10,000-square foot processing facility in Portland, Oregon and has expansion rights for an additional 18,000 square feet, adjacent to the primary facility.  It also operates a 5,000-square foot distribution warehouse. Swell currently employs 30 full-time industry professionals and prides itself on being one of the first cannabis companies in Oregon to offer comprehensive benefits to all its employees.

  • CNW Group

    C21 Investments announces unaudited revenue of US$5.1 million for first two months of 2020 fiscal year

    VANCOUVER, April 4, 2019 /CNW/ - C21 Investments Inc. (the "Company") (CSE:CXXI.CN - News) today announced unaudited revenue of US$5.1 million for the two months ending March 31, 2019.  This amount reflects revenue from the Company's operations in Nevada and Oregon.  Unaudited gross margin is estimated to be 60%.  These figures do not include revenue from Swell Companies, which is an acquisition expected to close later this month. The Company has adopted the US dollar as our presentation currency and will be reporting our financials in US dollars moving forward. The Company's next revenue report will be for the quarter ended April 30 and is expected to include partial revenue from Swell Companies in Oregon, a previously announced acquisition that is expected to close in April 2019.

  • Newsfile

    C21 Is Unaware of Any Material Changes

    Vancouver, British Columbia--(Newsfile Corp. - March 20, 2019) - C21 Investments Inc. (CSE: CXXI) ("C21" or the "Company") announces, at the request of IIROC, that management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. ABOUT C21 INVESTMENTSC21 Investments Inc. (CSE: CXXI) is a vertically integrated cannabis company that cultivates, processes, and distributes quality cannabis and hemp-derived consumer products in the United States. ...

  • Newsfile

    C21 Investments Advises No Longer Trading on Frankfurt Exchange

    Vancouver, British Columbia--(Newsfile Corp. - March 7, 2019) - C21 Investments Inc. (CSE: CXXI) wishes to advise that as a result of policy changes of the Frankfurt Exchange, the common shares of the Company ceased trading and were delisted from the Frankfurt Exchange under symbol "C6QP" on October 31, 2018. The shares were listed without Company involvement for a very short period of time, and no material number of shares traded on the Frankfurt ...

  • Newsfile

    C21 Announces Stock Option Grant

    Vancouver, British Columbia--(Newsfile Corp. - February 6, 2019) - C21 Investments Inc. (CSE: CXXI) (the "Company") announces that pursuant to its 10% Rolling Stock Option Plan (the "Plan"), it has granted incentive stock options to certain employees entitling them to purchase an aggregate of 710,000 common shares of the Company at an exercise price of $1.11 per share for a 3-year term expiring at close of business on February 5, 2022.ON BEHALF OF THE ...

  • C21 Investments completes acquisition of Phantom Farms
    CNW Group

    C21 Investments completes acquisition of Phantom Farms

    VANCOUVER, Feb. 4, 2019 /CNW/ - C21 Investments Inc. ("C21 Investments" or the "Company") (CSE:CXXI.CN - News) today announced that it has completed the acquisition of Phantom Venture Group LLC and Phantom Brands, LLC of Oregon (together, "Phantom Farms"). Phantom Farms has outdoor cannabis cultivation facilities totalling 80,000 square feet with an additional 40,000 square feet under development in Southern Oregon. Phantom Farms also operates a 5,600 square foot facility which includes a wholesale distribution warehouse and an extraction laboratory, and a 7,700 square foot state-of-the-art indoor grow facility in Central Oregon.