C21 Investments (CXXIF) Research & Development (2018 - 2024)
C21 Investments' (CXXIF) quarterly Research & Development came in at $61189.0 in Q3 2024, up 53.9% quarter-over-quarter from $39760.0 in Q2 2024.
Analysis
C21 Investments (CXXIF) Research & Development (2018 - 2024) Analysis & Trends
C21 Investments (CXXIF) has reported Research & Development for 7 consecutive years, with $61189.0 the latest figure, recorded in Q3 2024.
- On a quarterly basis, Research & Development changed N/A year-over-year to $61189.0 in Q3 2024; TTM through Sep 2024 was $87944.0, a N/A change from a year earlier, with the FY2026 full-year figure at $241063.0, up 16.1% from the prior year.
- Research & Development was $61189.0 for Q3 2024 at C21 Investments, up from $39760.0 in the prior quarter.
- Over five years, Research & Development peaked at $110547.0 in Q1 2020 and troughed at -$36696.0 in Q1 2024.
- A 5-year average of $31510.3 and a median of $23650.5 in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development plunged 92.78% in 2020 and jumped 49.58% in 2021, its largest moves.
- Over 5 years, Research & Development stood at $21636.0 in 2020, then soared by 49.58% to $32363.0 in 2021, then tumbled by 46.86% to $17197.0 in 2022, then advanced by 1.56% to $17465.0 in 2023, then soared by 250.35% to $61189.0 in 2024.
- The last three Research & Development figures came in at $61189.0 (Q3 2024), $39760.0 (Q2 2024), and -$36696.0 (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.57 Bn | 169.91 Mn | - |
| 2 | Trulieve Cannabis | 2.29 Bn | 1.97 Bn | 162.29 Mn | - |
| 3 | Green Thumb Industries | 1.71 Bn | 1.43 Bn | 137.87 Mn | - |
| 4 | Cronos | 1.18 Bn | 381.72 Mn | 28.45 Mn | 6.79 Mn |
| 5 | Glass House Brands | 667.78 Mn | 649.22 Mn | 15.77 Mn | 357,000.00 |
| 6 | Vireo Growth | 547.80 Mn | 405.50 Mn | 95.30 Mn | - |
| 7 | Tilray Brands | 467.46 Mn | 232.83 Mn | 90.52 Mn | 1.95 Mn |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn | - |
| 9 | Canopy Growth | 403.18 Mn | 156.17 Mn | 16.08 Mn | - |
| 10 | C21 Investments | 30.64 Mn | 28.01 Mn | 2.48 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 61,189.00 |
| Jun 30, 2024 | 39,760.00 |
| Mar 31, 2024 | -36,696.00 |
| Jan 31, 2024 | 23,691.00 |
| Oct 31, 2023 | 17,465.00 |
| Apr 30, 2023 | 17,121.00 |
| Jan 31, 2023 | 18,208.00 |
| Jul 31, 2022 | 17,197.00 |
| Apr 30, 2022 | 21,901.00 |
| Jan 31, 2022 | 23,610.00 |
| Oct 31, 2021 | 32,363.00 |
| Jul 31, 2021 | 11,798.00 |
| Apr 30, 2021 | 42,552.00 |
| Jan 31, 2021 | 38,977.00 |
| Oct 31, 2020 | 21,636.00 |
| Jul 31, 2020 | 31,003.00 |
| Apr 30, 2020 | 74,863.00 |
| Jan 31, 2020 | 110,547.00 |
| Oct 31, 2019 | 212,936.00 |
| Jul 31, 2019 | 429,108.00 |