C21 Investments Expands with Nevada Dispensary Buy

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

C21 Investments Inc. has announced the successful acquisition of a 6,500 square-foot cannabis dispensary in South Reno, Nevada, marking a significant expansion in their retail footprint. The $3.5 million acquisition from Deep Roots Harvest, Inc. is expected to drive considerable revenue growth and improve profit margins for C21. The company anticipates the new dispensary will enhance shareholder value by leveraging its established brand presence in Nevada.

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