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C21 Investments Sees Stable Q1 Revenue Growth

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C21 Investments Sees Stable Q1 Revenue Growth

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

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C21 Investments Inc., a vertically integrated cannabis company, reported a marginal revenue increase to $6.6 million in Q1 while facing a slight sales decline in Nevada. Despite internal inventory issues impacting gross margins, the company ended the quarter on a positive note with a newly operational dispensary and anticipates improved margins in the future.

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

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