C21 Investments Reports Q1 Revenue Growth Despite Nevada Sales Decline

C21 Investments Inc., a vertically integrated cannabis company, reported a slight increase in revenue for the first quarter of 2024 despite a decline in Nevada sales. The company attributes the revenue growth to robust retail transaction volume at its legacy dispensaries, offset by a decline in basket size due to inflationary pressures. C21 also highlighted the successful launch of its new dispensary in South Reno and anticipates improved margins in the second half of the year.

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