C21 Investments Inc. reported a slight year-over-year increase in Q4 same-store sales, despite a 12% decline in Nevada sales. The company's FY 2023 financials show a revenue decrease of 2% to $28.3 million, with a net loss of $2.5 million, contrasting with a net income in 2023. Gross profit and margin also declined. The company announced the closing of a CA$4 million convertible debenture offering to fund the acquisition of Deep Roots Harvest, Inc.'s assets, including a dispensary in Southern Reno. This move is part of C21's strategy to expand its retail footprint in Nevada. Additionally, Viridian Capital Advisors anticipates increased M&A activity in the cannabis sector due to regulatory changes.