C21 Investments (TSE:CXXI) has released an update.
C21 Investments Inc. has announced the acquisition of a 6,500 square-foot cannabis dispensary in Southern Reno, Nevada, and the initiation of a private placement worth up to C$4,000,000. The acquisition is part of C21’s strategic expansion in Nevada, with plans to rebrand the new dispensary under their Silver State Relief banner, expecting to drive significant revenue growth. The deal, which includes the transfer of retail licenses and assets, is subject to regulatory approvals and is valued at US$3,500,000.
For further insights into TSE:CXXI stock, check out TipRanks’ Stock Analysis page.
