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C21 Investments Announces Positive Financial Results

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C21 Investments Announces Positive Financial Results

C21 Investments (TSE:CXXI) has released an update.

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C21 Investments, a vertically integrated cannabis company, has reported a revenue of $4.5 million with a 40% gross profit and a positive free cash flow of $0.9 million for the two-month period ending March 31, 2024. Following this period, the company successfully launched its third dispensary in South Reno, evidencing continued strong retail performance and a strategic expansion.

For further insights into TSE:CXXI stock, check out TipRanks’ Stock Analysis page.

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