Associated tags: CSE, OTCQX, Elevate, Drug
Locations: PENSACOLA, TX, JAMAICA, ECUADOR, TOGO, MI, TAMPA, FL, US, FLORIDA, PENNSYLVANIA, MICHIGAN, TEXAS
Retrieved on:
Wednesday, January 18, 2023
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Drug Fluent Pensacola Broadens Access for Florida Medical Cannabis Patients; Company Also
Key Points:
- Fluent Pensacola Broadens Access for Florida Medical Cannabis Patients; Company Also
MIAMI, Jan. 18, 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, announced the grand opening of its 29th medical cannabis dispensary in Florida and 32nd retail location nationwide, along with plans to open three additional store locations in Florida in the first half of 2023.
- On January 20, 2023, Fluent will host its official grand opening of Fluent Pensacola , which will feature deep storewide discounts such as 50% off all Fluent products for the entire grand opening weekend[1].
- ft. medical cannabis dispensary will carry Fluent's full house of brands, including: Smokiez edibles ; BLACK Line, MOODS and Fluent Care tinctures and vape cartridges ; raw cannabis flower and pre-rolls from Fluent Flower and Freedom Town Holdings ; and Fluent capsules , extracts and topicals .
MIAMI, Jan. 6, 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 further to its press release dated November 2, 2022, the Company has issued an aggregate of 1,354,167 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, Jan. 6, 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 further to its press release dated November 2, 2022, the Company has issued an aggregate of 1,354,167 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 December 30, 2022, being US$0.12, 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.
Retrieved on:
Tuesday, November 29, 2022
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Risk management - Q3 Adjusted EBITDA up 15% QoQ and More Than 2x YoY to a Record $11.7 Million, with $5.4 Million of Cash from Operations -
Key Points:
- - Q3 Adjusted EBITDA up 15% QoQ and More Than 2x YoY to a Record $11.7 Million, with $5.4 Million of Cash from Operations -
MIAMI, Nov. 29, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent brand, today announced financial and operating results for the third quarter ended September 30, 2022.
- Q3 2022 Financial Highlights (vs. Q3 2021)
Revenue increased 42% to $22.1 million compared to $15.6 million.
- During the third quarter, Cansortium temporarily closed twelve of its dispensaries in Florida during Hurricane Ian.
- Cansortium now expects revenue for 2022 to range between $85-$90 million (previously expected $90-$95 million).
Retrieved on:
Thursday, November 24, 2022
MIAMI, Nov. 23, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated 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, 2022.
Key Points:
- MIAMI, Nov. 23, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated 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, 2022.
- 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.
- Cansortium Inc.'s common shares trade on the CSE under the symbol "TIUM.U" and on the OTCQX Best Market under the symbol "CNTMF".
Retrieved on:
Monday, November 21, 2022
MIAMI, Nov. 21, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent brand, announces that further to its press release dated October 11, 2022, Patricia Fonseca has resigned effective today as Chief Financial Officer ("CFO") of the Company.
Key Points:
- MIAMI, Nov. 21, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent brand, announces that further to its press release dated October 11, 2022, Patricia Fonseca has resigned effective today as Chief Financial Officer ("CFO") of the Company.
- Until the position is finalized, Liora Boudin, Corporate Controller of the Company since 2020, has been appointed as interim CFO.
- Cansortium is a vertically-integrated cannabis company with licenses and operations in Florida, Pennsylvania and Texas.
- Cansortium Inc.'s common shares trade on the CSE under the symbol "TIUM.U" and on the OTCQX Best Market under the symbol "CNTMF".
Retrieved on:
Wednesday, November 2, 2022
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Risk management MIAMI, Nov. 2, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent brand, announces that it has agreed with certain of its directors to issue an aggregate of 1,048,386 common shares ("Debt Shares") to such directors in exchange for the cancellation of an aggregate of US$162,500 of director fees owing.
Key Points:
- MIAMI, Nov. 2, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent brand, announces that it has agreed with certain of its directors to issue an aggregate of 1,048,386 common shares ("Debt Shares") to such directors in exchange for the cancellation of an aggregate of US$162,500 of director fees owing.
- 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 to Canadian residents pursuant to the debt conversion will be subject to a four (4) month hold period.
- Cansortium Inc.'s common shares trade on the CSE under the symbol "TIUM.U" and on the OTCQX Best Market under the symbol "CNTMF".
