C21 Investments (CXXIF) 6-K Current report (foreign)

FORM 7

MONTHLY PROGRESS REPORT

Name of Listed Issuer:C21 INVESTMENTS INC. (the “Issuer”).

Trading Symbol:CXXI

Number of Outstanding Listed Securities:45,064,446 common shares as at November 30/18

Date:December 7, 2018

This Monthly Progress Report must be posted before the opening of trading on the fifth trading day of each month. This report is not intended to replace the Issuer’s obligation to separately report material information forthwith upon the information becoming known to management or to post the forms required by Exchange Policies. If material information became known and was reported during the preceding month to which this report relates, this report should refer to the material information, the news release date and the posting date on the Exchange website.

This report is intended to keep investors and the market informed of the Issuer’s ongoing business and management activities that occurred during the preceding month. Do not discuss goals or future plans unless they have crystallized to the point that they are "material information" as defined in the Policies. The discussion in this report must be factual, balanced and non-promotional.

General Instructions

(a)	Prepare this Monthly Progress Report using the format set out below. The sequence of questions must not be altered nor should questions be omitted or left unanswered. The answers to the items must be in narrative form. State when the answer to any item is negative or not applicable to the Issuer. The title to each item must precede the answer.
(b)	The term “Issuer” includes the Issuer and any of its subsidiaries.
(c)	Terms used and not defined in this form are defined or interpreted in Policy 1 – Interpretation and General Provisions.

Report on Business

1.	Provide a general overview and discussion of the development of the Issuer’s business and operations over the previous month. Where the Issuer was inactive disclose this fact.
	We are implementing our strategy of acquiring 100% interests in established revenue producing and profitable cannabis operations involved in cultivation, processing, branding and retailing in selected American markets.

FORM 7 – MONTHLY PROGRESS REPORT

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	The Issuer announced entering into definitive purchase agreements with Pure Green (November 1, 2018 news release), Swell companies (November 2, 2018 news release) and the grant of the first CBD license issued in the Ukraine (news release November 6, 2018).
	The Issuer announced a private placement of up to $45 million of Convertible debentures (news release November 8, 2018).
2.	Provide a general overview and discussion of the activities of management.
	Management continues working to close outstanding acquisitions and to pursue further acquisitions in the US cannabis markets, build out its Board of Directors and Management team, and to integrate the operations acquired and under letters of intent.
3.	Describe and provide details of any new products or services developed or offered. For resource companies, provide details of new drilling, exploration or production programs and acquisitions of any new properties and attach any mineral or oil and gas or other reports required under Ontario securities law.
	As the Issuer identifies additional opportunities, it will consider whether such opportunities meet its investment criteria and will either redeploy revenue into future projects or seek to raise additional capital through equity financings or otherwise to make such investments.
4.	Describe and provide details of any products or services that were discontinued. For resource companies, provide details of any drilling, exploration or production programs that have been amended or abandoned.
	Not applicable.
5.	Describe any new business relationships entered into between the Issuer, the Issuer’s affiliates or third parties including contracts to supply products or services, joint venture agreements and licensing agreements etc. State whether the relationship is with a Related Person of the Issuer and provide details of the relationship.
	Not applicable.
6.	Describe the expiry or termination of any contracts or agreements between the Issuer, the Issuer’s affiliates or third parties or cancellation of any financing arrangements that have been previously announced.
	Not applicable.
7.	Describe any acquisitions by the Issuer or dispositions of the Issuer’s assets that occurred during the preceding month. Provide details of the nature of the assets acquired or disposed of and provide details of the consideration paid or payable together with a schedule of payments if applicable, and of any valuation. State how the consideration was determined and whether the acquisition was from or the disposition was to a Related Person of the Issuer and provide details of the relationship. Not Applicable

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8.	Describe the acquisition of new customers or loss of customers.
	Not applicable.
9.	Describe any new developments or effects on intangible products such as brand names, circulation lists, copyrights, franchises, licenses, patents, software, subscription lists and trade-marks.
	Not applicable.
10.	Report on any employee hirings, terminations or lay-offs with details of anticipated length of lay-offs.
	The Issuer now has a total of 39 staff in corporate administration (in both Canada and Oregon) and the Eco Firma Farms operations in Oregon.
11.	Report on any labour disputes and resolutions of those disputes if applicable.
	Not applicable.
12.	Describe and provide details of legal proceedings to which the Issuer became a party, including the name of the court or agency, the date instituted, the principal parties to the proceedings, the nature of the claim, the amount claimed, if any, if the proceedings are being contested, and the present status of the proceedings.
	Not applicable.
13.	Provide details of any indebtedness incurred or repaid by the Issuer together with the terms of such indebtedness.
	Not applicable.
14.	Provide details of any securities issued and options or warrants granted.

Security Number Issued Details of Issuance Use of Proceeds⁽¹⁾

(1) State aggregate proceeds and intended allocation of proceeds.

15.	Provide details of any loans to or by Related Persons.
	Not applicable.
16.	Provide details of any changes in directors, officers or committee members.
	No changes.
17.	Discuss any trends which are likely to impact the Issuer including trends in the Issuer’s market(s) or political/regulatory trends.

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The Issuer currently operates in the state of Oregon. The cultivation, sale and use of cannabis are legal in the state of Oregon, but illegal under US federal law. The trend in the political and regulatory environment continues to move in favour of further legalisation.

Certificate Of Compliance

The undersigned hereby certifies that:

1.	The undersigned is a director and/or senior officer of the Issuer and has been duly authorized by a resolution of the board of directors of the Issuer to sign this Certificate of Compliance.
2.	As of the date hereof there were is no material information concerning the Issuer which has not been publicly disclosed.
3.	The undersigned hereby certifies to the Exchange that the Issuer is in compliance with the requirements of applicable securities legislation (as such term is defined in National Instrument 14- 101) and all Exchange Requirements (as defined in CNSX Policy 1).
4.	All of the information in this Form 7 Monthly Progress Report is true.

Dated December 7, 2018.

SIGNED: “Michael Kidd”        

Michael Kidd, CFO/Secretary

Issuer Details Name of Issuer C21 Investments Inc.	For Month End November 30,2018	Date of Report YY/MM/D 2018/12/7
Issuer Address Suite 303, 595 Howe Street
City/Province/Postal Code Vancouver, B.C. V6C 2T5	Issuer Fax No. (604) 718-2808	Issuer Telephone No. (604) 336-8613
Contact Name Michael Kidd	Contact Position CFO/Secretary	Contact Telephone No. (604) 336-8613
Contact Email Address mkidd@cxxi.ca	Web Site Address www.cxxi.ca

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