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Strategies & Market Trends : Dino's Bar & Grill

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From: Goose941/30/2019 8:02:17 PM
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C21 Investments (CXXI-Cse) top pick from Bruce Campbell on BNN.ca Market Call Thirst-day Jan 30th @ 1200ET

C21 recently closed a transformational acquisition of Silver State Releaf in Nevada. The Nevada operation is cash-flow positive, which can be used to continue to expand as they just did with the opening their Fernley dispensary. Management is projecting 2019 sales of $75 million and cash flow of $12 million. The stock could trade at three to five times sales and still trade at a discount to peers. Last purchase was $0.80.
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