Core Viewpoint - C21 Investments Inc. plans to initiate a normal course issuer bid (NCIB) to repurchase up to 5,898,596 common shares, approximately 5% of its outstanding shares, to enhance long-term shareholder value [1][4]. Group 1: NCIB Details - The NCIB will commence on December 9, 2025, and conclude on December 9, 2026, allowing the company to buy shares on the open market at prevailing market prices [2]. - The company may purchase up to 2% of its issued and outstanding common shares over any 30-trading day period under the NCIB [3]. - Purchases will be funded with cash on hand, and the timing and amount of purchases will depend on market conditions [2][4]. Group 2: Previous NCIB Performance - The company recently completed a previous NCIB, which allowed for the repurchase of up to 6,002,390 common shares, resulting in the cancellation of 224,000 shares at an average price of approximately C$0.20 per share [5]. Group 3: Company Overview - C21 Investments Inc. is a vertically integrated cannabis company engaged in the cultivation, processing, and distribution of cannabis and hemp-derived products in the U.S. [6]. - The company focuses on value creation through strategic acquisitions and integration of retail, manufacturing, and distribution assets, leveraging high-growth potential in branded consumer packaged goods [6].

Core Insights - C21 Investments Inc. will release its financial results for the second quarter ended September 30, 2025, on November 11, 2025, before market open [2]. Company Overview - C21 Investments Inc. is a vertically integrated cannabis company that cultivates, processes, and distributes quality cannabis consumer products in the United States [2]. - The company focuses on value creation through disciplined acquisition and integration of core retail, manufacturing, and distribution assets in strategic markets [2]. - C21 owns Silver State Relief and Silver State Cultivation in Nevada, along with legacy Oregon brands such as Phantom Farms, Hood Oil, and Eco Firma Farms [2]. - These brands produce and distribute a wide range of THC and CBD products, including cannabis flowers, pre-rolls, cannabis oil, vaporizer cartridges, and edibles [2].

Core Viewpoint - C21 Investments Inc. has reached a settlement agreement regarding litigation involving Proudest Monkey Holdings, resolving claims related to contract and employment disputes, and agreeing to a cash payment and share issuance to the plaintiffs [1][4][5]. Group 1: Settlement Agreement Details - The settlement includes a total cash payment of US$2,400,000, with an initial payment of US$500,000 due by September 12, 2025, followed by monthly payments of US$100,000 over 19 months [4]. - The company will also issue 555,793 common shares to certain vendors as part of the settlement [4]. - The settlement resolves all claims in the Oregon and British Columbia actions, with no admission of liability from any party involved [4][6]. Group 2: Background of the Litigation - The litigation arose from allegations made by two vendors of Proudest Monkey regarding breaches of the EFF Agreement, which was established when C21 acquired Eco Firma Farms LLC [2][3]. - The company had previously notified the vendors of alleged breaches, leading to the initiation of the British Columbia action [3]. Group 3: Financial Implications - The settlement will offset cash liabilities related to the settlement amount against the extinguishment of $1,156,259 in convertible notes and $612,500 in accounts payable related to the litigation [5].