Associated tags: CSE, OTCQX, Elevate, Drug
Locations: PENSACOLA, TX, JAMAICA, ECUADOR, TOGO, MI, TAMPA, FL, US, FLORIDA, PENNSYLVANIA, MICHIGAN, TEXAS
TAMPA, Fla., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTC: CNTMF ) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, will hold a conference call to discuss its financial and operating results for the third quarter ended September 30, 2023.
Key Points:
- TAMPA, Fla., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTC: CNTMF ) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, will hold a conference call to discuss its financial and operating results for the third quarter ended September 30, 2023.
- The Company will issue a press release with its results prior to the call.
- Cansortium management will host the conference call, followed by a question-and-answer period.
- If you have any difficulty connecting with the conference call, please contact Elevate IR at (720) 330-2829.
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Bank TAMPA, Fla., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced financial and operating results for the second quarter ended June 30, 2023. Unless otherwise indicated, all financial results are presented in U.S. dollars.
Key Points:
- - Q2 Cash from Operations of $4.8 Million; 7th Consecutive Quarter of Positive Cash Flow -
TAMPA, Fla., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced financial and operating results for the second quarter ended June 30, 2023.
- “We continued to drive revenue growth and cash flow generation during the second quarter through a combination of organic growth as well as new store openings in Florida,” said CEO Robert Beasley.
- And in Texas, we logged our first B2B sale during the quarter and continue to expect opening our brick-and-mortar delivery center in Houston in the coming months.
- In Florida, Cansortium currently operates 33 stores and anticipates opening an additional 1-2 new stores by the end of 2023.
Retrieved on:
Wednesday, August 23, 2023
TAMPA, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, is pleased to announce the voting results from its annual general and special meeting of shareholders (the “Meeting”) held on August 16, 2023.
Key Points:
- TAMPA, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, is pleased to announce the voting results from its annual general and special meeting of shareholders (the “Meeting”) held on August 16, 2023.
- All matters presented to the Meeting were approved by the Company’s shareholders, including:
the election of five nominees to the board of directors as proposed by the Company in its management information circular, being Robert Beasley, Roger Daher, Mark Eckenrode, William Smith and John Mazarakis;
the re-appointment of Baker Tilly US, LLP as auditor of the Company;
the re-approval of the Company’s stock option plan for a further three years, including the approval of all unallocated stock options to purchase common shares of the Company (“Common Shares”), in accordance with the policies of the Canadian Securities Exchange (the “CSE”); and
the re-approval of the Company's restricted share unit award plan for a further three years, including the approval of all unallocated restricted share units to receive Common Shares, in accordance with the policies of the CSE.
Retrieved on:
Wednesday, August 23, 2023
TAMPA, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) ("FLUENT" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, announced the opening of its 33rd medical cannabis dispensary in Florida and 36th retail location nationwide.
Key Points:
- TAMPA, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) ("FLUENT" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, announced the opening of its 33rd medical cannabis dispensary in Florida and 36th retail location nationwide.
- FLUENT Jacksonville Cassat is located at 971 Cassat Avenue, and will be open daily from 9:00 a.m. to 8:30 p.m.
- The new 3,600 square foot dispensary is the first FLUENT store in Jacksonville west of the St. Johns river, broadening access for the city’s westside residents.
- FLUENT Jacksonville Cassat will host a Grand Opening event on Saturday, August 26 from 9:00 a.m. to 8:30 p.m. with local vendors and doctors onsite to help new patients navigate Florida’s medical cannabis program.
TAMPA, Fla., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, will hold a conference call to discuss its financial and operating results for the second quarter ended June 30, 2023.
Key Points:
- TAMPA, Fla., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, will hold a conference call to discuss its financial and operating results for the second quarter ended June 30, 2023.
- The Company will issue a press release with its results prior to the call.
- Cansortium management will host the conference call, followed by a question-and-answer period.
- If you have any difficulty connecting with the conference call, please contact Elevate IR at (720) 330-2829.
MIAMI, July 21, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) ("Cansortium" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, has appointed John Mazarakis to its board of directors (the “Board”) effective July 17, 2023.
Key Points:
- MIAMI, July 21, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) ("Cansortium" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, has appointed John Mazarakis to its board of directors (the “Board”) effective July 17, 2023.
- Mr. Mazarakis replaces John McKimm on the Board, who resigned from the Board effective June 30, 2023.
- Mr. Mazarakis brings over 20 years of entrepreneurial, operational, and managerial experience to Cansortium.
- Over the last two decades, he has launched successful ventures in real estate, retail, hospitality and personal fitness.
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Hospital TAMPA, Fla., July 13, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) ("FLUENT" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, announced the opening of its 32nd medical cannabis dispensary in Florida and 35th retail location nationwide.
Key Points:
- TAMPA, Fla., July 13, 2023 (GLOBE NEWSWIRE) -- Cansortium Inc. ( CSE: TIUM.U ) ( OTCQX: CNTMF ) ("FLUENT" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, announced the opening of its 32nd medical cannabis dispensary in Florida and 35th retail location nationwide.
- FLUENT Crestview , located at 2385 S Ferdon Blvd , is the northernmost dispensary in the panhandle and will provide convenient access to the people of Crestview and surrounding communities.
- This makes FLUENT Crestview a very quick, safe and convenient setting to serve patients traveling I-10 between Pensacola and Defuniak Springs.
- With more than 30,000 people already living in the greater Crestview area, FLUENT is providing service to a local community that has been neglected by other medicinal cannabis providers.
MIAMI, June 2, 2023 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, announces that the Company has issued an aggregate of 2,031,250 common shares ("Debt Shares") to certain of its directors in exchange for the cancellation of US$162,500 of director fees owing.
Key Points:
- MIAMI, June 2, 2023 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, announces that the Company has issued an aggregate of 2,031,250 common shares ("Debt Shares") to certain of its directors in exchange for the cancellation of US$162,500 of director fees owing.
- The Debt Shares are being issued at a price equal to the closing market price of the common shares of the Company as listed on the Canadian Securities Exchange ("CSE") on June 1, 2023, being US$0.08, in accordance with the policies of the CSE.
- The directors of the Company, acting in good faith, determined that the fair market value of the Debt Shares being issued pursuant to the shares for debt transaction and the consideration being paid is reasonable.
- Any Debt Shares issued will be subject to a four (4) month hold period.
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Valrhona - Q1 Adjusted EBITDA up 56% YoY to $9.7 Million, with Cash from Operations up 20% YoY to $5.1 Million -
Key Points:
- - Q1 Adjusted EBITDA up 56% YoY to $9.7 Million, with Cash from Operations up 20% YoY to $5.1 Million -
MIAMI, May 31, 2023 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced financial and operating results for the first quarter ended March 31, 2023.
- Unless otherwise indicated, all monetary results are presented in U.S. dollars.
- Q1 2023 Financial Highlights (vs. Q1 2022)
Revenue increased 12% to $22.1 million compared to $19.7 million.
- In Florida, Cansortium currently operates 31 stores and anticipates opening an additional 3-5 new stores by the end of 2023.
TAMPA, Fla., May 26, 2023 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, issued a statement on the two failed cannabis bills in Texas.
Key Points:
- TAMPA, Fla., May 26, 2023 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, issued a statement on the two failed cannabis bills in Texas.
- Commenting on the recent failed legislation, Kristopher Kem, FLUENT Cannabis Care Texas President said:
While we are ultimately disappointed in the Texas Senate's failure to take action to decriminalize cannabis and expand the state's medical cannabis program, we commend Texas Rep. Joe Moody, Rep. Stephanie Klick and their respective authors and cosponsors of House Bill 218 and House Bill 1805 for their continued work to enact meaningful legislation on cannabis reform.
- As of October of last year, Texas ranked number one in the U.S. for most cannabis possession arrests.
- At FLUENT, we believe in broadening access to medical cannabis.
