04:35 PM EDT, 06/23/2025 (MT Newswires) -- C21 Investments ( CXXIF ) after close of trade Monday said its fiscal fourth-quarter loss widened even as revenue nearly doubled.

The cannabis company said it lost US$1.58 million, or $0.01 per share, in the quarter ended March 31, compared to a loss of US$74,404, or nil, in the year-prior quarter.

Revenue rose to US$8.11 million from $4.46 million.

"I'm excited to share our strong results this quarter, a typically slow period for the industry, which showcases the hard work we've put into driving continued organic, same-store sales growth," said chief executive Sonny Newman.

The company's shares closed unchanged at $0.20 on the Canadian Securities Exchange.