C21 Reports Slight YoY Increase In Q4 Same Store Cannabis Sales As It Prepares To Wrap Up Acquisition of Deep Roots Harvests

Benzinga · May 9 08:01

Vertically integrated cannabis companyC21 Investments Inc.(CSE:CXXI) (OTCQX:CXXIF) reported itsunaudited financial results on Tuesday for the fiscal year ended Jan. 31, 2024.

The company reported a slight increase in same-store sales over the previous fourth quarter, despite a decline of 12% in Nevada sales over the same period. CEO and presidentSonny Newmancalled it "a testament to our strong brand and loyal customer base that has consistently generated 500,000 customer transactions annually."

FY 2023 Financial Highlights

Revenue of $28.3 million, down 2% from last year, while state of Nevada sales were down 6% over the same period.
Gross profit totaled $11.1 million, down from...

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C21 Reports Slight YoY Increase In Q4 Same Store Cannabis Sales As It Prepares To Wrap Up Acquisition of Deep Roots Harvests

FY 2023 Financial Highlights

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