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Cansortium Inc. (C:TIUM.U)

Business Focus: Medical Farming

Apr 05, 2024 04:32 pm ET
Florida's Premier Medical Marijuana Provider FLUENT™ Expands with New Dispensary in Daytona Beach
Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced the opening of its first location in Daytona Beach, marking the...
Mar 13, 2024 11:38 am ET
FLUENT Prioritizes Reinvestment into Florida-Based Cultivation Facilities with Multiple Renovations and Expansions
Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced the commencement of a new cultivation facility, known as the...
Jan 22, 2024 08:30 am ET
FLUENT Opens 34th Medical Cannabis Dispensary in Cocoa, Florida; 37th Nationwide
Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, announced the opening of its 34th medical cannabis dispensary in Florida and 37th...
Nov 29, 2023 04:05 pm ET
Cansortium Reports Third Quarter 2023 Results
Cansortium Inc. (CSE: TIUM.U) (OTCQB: 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 third quarter ended...
Nov 10, 2023 04:15 pm ET
Cansortium Reschedules Third Quarter 2023 Conference Call for Wednesday, November 29 at 4:30 P.M. ET
Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, announced today that it is rescheduling its call to discuss financial and...
Nov 10, 2023 04:05 pm ET
Cansortium Announces Shares for Debt Settlement
Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, announces that the Company has issued an aggregate of 1,184,207 common shares...
Nov 06, 2023 08:30 am ET
Cansortium Schedules Third Quarter 2023 Conference Call for Monday, November 13 at 4:30 P.M. ET
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...
Aug 28, 2023 04:05 pm ET
Cansortium Reports Second Quarter 2023 Results
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...
Aug 23, 2023 04:05 pm ET
Cansortium Announces Results of Annual General and Special Meeting of Shareholders
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...
Aug 23, 2023 08:30 am ET
FLUENT Opens Jacksonville Cassat, its 33rd Medical Cannabis Dispensary in Florida, 36th Nationwide
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...
Aug 21, 2023 08:30 am ET
Cansortium Schedules Second Quarter 2023 Conference Call for Monday, August 28 at 4:30 P.M. ET
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...
Jul 21, 2023 08:30 am ET
Cansortium Appoints John Mazarakis to its Board of Directors
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...
Jul 13, 2023 08:00 am ET
FLUENT Opens 32nd Medical Cannabis Dispensary in Crestview Florida, 35th Nationwide
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...
Jun 02, 2023 04:30 pm ET
Cansortium Announces Shares for Debt Settlement
MIAMI, June 2, 2023 /CNW/ - 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
Jun 02, 2023 04:30 pm ET
Cansortium Announces Shares for Debt Settlement
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 wi
May 31, 2023 08:00 am ET
Cansortium Reports First Quarter 2023 Results
- Q1 Revenue up 12% YoY to $22.1 Million -
May 31, 2023 08:00 am ET
Cansortium Reports First Quarter 2023 Results
- Q1 Revenue up 12% YoY to $22.1 Million -
May 26, 2023 07:30 am ET
FLUENT Issues Statement on Failed Cannabis Bills in Texas
TAMPA, Fla., May 26, 2023 /CNW/ - 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.
May 26, 2023 07:30 am ET
FLUENT Issues Statement on Failed Cannabis Bills in Texas
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.
May 24, 2023 08:00 am ET
FLUENT Launches Cannabis-Infused Dark Chocolate Bar in Florida
FLUENT Brings New THC Dark Chocolate Bar to Medical Patients in Florida; Made with High Quality Cannabis Extract and Chocolate from the Legendary French Chocolatier, Valrhona
May 24, 2023 08:00 am ET
FLUENT Launches Cannabis-Infused Dark Chocolate Bar in Florida
FLUENT Brings New THC Dark Chocolate Bar to Medical Patients in Florida; Made with High Quality Cannabis Extract and Chocolate from the Legendary French Chocolatier, Valrhona
May 23, 2023 08:30 am ET
Cansortium Schedules First Quarter 2023 Conference Call for Wednesday, May 31 at 4:30 P.M. ET
MIAMI, May 23, 2023 /CNW/ - 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 first quarter ended March 31, 2023. The Company will issue a press release with its results prior to the call.
May 23, 2023 08:30 am ET
Cansortium Schedules First Quarter 2023 Conference Call for Wednesday, May 31 at 4:30 P.M. ET
MIAMI, May 23, 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, will hold a conference call to discuss its financial and operating results for the first quarter ended March 31, 2023. The Company will issue a press release with its results prior to the call.
May 16, 2023 08:00 am ET
FLUENT Moves U.S. Headquarters to Tampa, Florida
TAMPA, Fla., May 16, 2023 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("FLUENT" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, announced it is moving its headquarters from Miami to the Westshore District of Tampa, Florida. Over the next four months, the Company plans to create more than 30 new jobs in administration, finance, human resources, marketing, sales, operations and other key roles, with an average salary of $100K.
May 16, 2023 08:00 am ET
FLUENT Moves U.S. Headquarters to Tampa, Florida
TAMPA, Fla., May 16, 2023 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("FLUENT" or the "Company"), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, announced it is moving its headquarters from Miami to the Westshore District of Tampa, Florida. Over the next four months, the Company plans to create more than 30 new jobs in administration, finance, human resources, marketing, sales, operations and other key roles, with an average salary of $100K.
May 11, 2023 07:00 am ET
FLUENT Opens 34th Nationwide and 31st Medical Cannabis Dispensary in Pensacola, Florida
FLUENT Pensacola Downtown to Begin Serving Patients from Chase Street Location on Saturday, May 13th, Broadening Access to Medical Marijuana for Patients and Caregivers in the Florida Panhandle
May 11, 2023 07:00 am ET
FLUENT Opens 34th Nationwide and 31st Medical Cannabis Dispensary in Pensacola, Florida
FLUENT Pensacola Downtown to Begin Serving Patients from Chase Street Location on Saturday, May 13th, Broadening Access to Medical Marijuana for Patients and Caregivers in the Florida Panhandle
May 01, 2023 04:36 pm ET
Cansortium Reports Fourth Quarter and Full Year 2022 Results
- Q4 Revenue up 28% YoY to $23.5 Million; FY 2022 Revenue up 34% YoY to $87.7 Million -
May 01, 2023 04:36 pm ET
Cansortium Reports Fourth Quarter and Full Year 2022 Results
- Q4 Revenue up 28% YoY to $23.5 Million; FY 2022 Revenue up 34% YoY to $87.7 Million -
Apr 27, 2023 08:00 am ET
Cansortium Schedules Fourth Quarter and Full Year 2022 Conference Call for Monday, May 1 at 4:30 P.M. ET
MIAMI, April 27, 2023 /CNW/ - 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 fourth quarter and full year ended December 31, 2022. The Company will issue a press release with its results prior to the call.
Apr 27, 2023 08:00 am ET
Cansortium Schedules Fourth Quarter and Full Year 2022 Conference Call for Monday, May 1 at 4:30 P.M. ET
MIAMI, April 27, 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, will hold a conference call to discuss its financial and operating results for the fourth quarter and full year ended December 31, 2022. The Company will issue a press release with its results prior to the call.
Mar 15, 2023 08:00 am ET
Fluent Hosts Grand Opening of 30th Florida Medical Cannabis Dispensary in Jacksonville
The New Jacksonville Atlantic Beach Retail Location Broadens Access for Patients; Company Also Announces Plans to Open Up Additional Retail Location in the Jacksonville Metro Area
Mar 15, 2023 08:00 am ET
Fluent Hosts Grand Opening of 30th Florida Medical Cannabis Dispensary in Jacksonville
The New Jacksonville Atlantic Beach Retail Location Broadens Access for Patients; Company Also Announces Plans to Open Up Additional Retail Location in the Jacksonville Metro Area
Mar 14, 2023 04:30 pm ET
Cansortium Appoints Jeffrey Batliner as Chief Financial Officer
MIAMI, March 14, 2023 /CNW/ - 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 the appointment of Jeffrey Batliner as Chief Financial Officer, effective March 14, 2023. Batliner will succeed Liora Boudin, who served as Interim Chief Financial Officer, and will report directly to the Company's Chief Executive Officer, Robert Beasley.
Mar 14, 2023 04:30 pm ET
Cansortium Appoints Jeffrey Batliner as Chief Financial Officer
MIAMI, March 14, 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 the appointment of Jeffrey Batliner as Chief Financial Officer, effective March 14, 2023. Batliner will succeed Liora Boudin, who served as Interim Chief Financial Officer, and will report directly to the Company's Chief Executive Officer, Robert Beasley.
Mar 01, 2023 06:46 pm ET
Cansortium Announces Closing of US$3 Million Private Placement
MIAMI, March 1, 2023 /CNW/ - 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 that on February 28, 2023 the Company closed a non-brokered private placement offering of 30,000,000 units of the Company ("Units") at a price of US$0.10 per Unit for aggregate gross proceeds of US$3,000,000 (the "Offering").
Feb 23, 2023 06:00 am ET
Legendary Breeder Origins TK Selects and Fluent Form Licensing Agreement, Bringing Premium Genetics to the Florida Medical Cannabis Market
Broadens Access to High-Quality, Sought-After Cannabis Strains for Medical Patients across the Sunshine State
Jan 18, 2023 06:00 am ET
Fluent by Cansortium Hosts Grand Opening of 29th Medical Cannabis Dispensary in Pensacola, Florida
Fluent Pensacola Broadens Access for Florida Medical Cannabis Patients; Company Also Announces Plans to Open Up Three Additional Florida Retail Locations in First Half of 2023
Jan 18, 2023 06:00 am ET
Fluent by Cansortium Hosts Grand Opening of 29th Medical Cannabis Dispensary in Pensacola, Florida
Fluent Pensacola Broadens Access for Florida Medical Cannabis Patients; Company Also Announces Plans to Open Up Three Additional Florida Retail Locations in First Half of 2023
Jan 06, 2023 03:05 pm ET
Cansortium Announces Shares for Debt Settlement
MIAMI, Jan. 6, 2023 /CNW/ - 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
Jan 06, 2023 03:05 pm ET
Cansortium Announces Shares for Debt Settlement
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 ("C
Dec 22, 2022 03:30 pm ET
Cansortium Restructures Short-Term Contingent Liability
MIAMI, Dec. 22, 2022 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, announces that, pursuant to a third amendment dated December 21, 2022 (the "Third Amendment") to an existing agreement (as amended, the "Smith Transaction Agreement") among the Company and certain of its affiliates and William Smith, a director and the Executive Chairman of the Company, and certain companies controlled by Mr. Smith (together with Mr. Smith, collectively, the "Smith Group"), it has restructured a
Dec 22, 2022 03:30 pm ET
Cansortium Restructures Short-Term Contingent Liability
MIAMI, Dec. 22, 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, pursuant to a third amendment dated December 21, 2022 (the "Third Amendment") to an existing agreement (as amended, the "Smith Transaction Agreement") among the Company and certain of its affiliates and William Smith, a director and the Executive Chairman of the Company, and certain companies controlled by Mr. Smith (together with Mr. Smith, collectively, the "Smith Group"), it has restruc
Nov 29, 2022 03:05 pm ET
Cansortium Reports Third Quarter 2022 Financial Results
- Q3 Revenue up 42% YoY to $22.1 Million -
Nov 29, 2022 03:05 pm ET
Cansortium Reports Third Quarter 2022 Financial Results
- Q3 Revenue up 42% YoY to $22.1 Million -
Nov 23, 2022 07:00 am ET
Cansortium Schedules Third Quarter 2022 Conference Call for Tuesday, November 29 at 4:30 P.M. ET
MIAMI, Nov. 23, 2022 /CNW/ - 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. The company will issue a press release with its results prior to the call.
Nov 23, 2022 07:00 am ET
Cansortium Schedules Third Quarter 2022 Conference Call for Tuesday, November 29 at 4:30 P.M. ET
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. The company will issue a press release with its results prior to the call.
Nov 21, 2022 03:05 pm ET
Cansortium Announces Change in Chief Financial Officer
MIAMI, Nov. 21, 2022 /CNW/ - 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.
Nov 21, 2022 03:05 pm ET
Cansortium Announces Change in Chief Financial Officer
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.
Nov 02, 2022 04:05 pm ET
Cansortium Announces Shares for Debt Settlement
MIAMI, Nov. 2, 2022 /CNW/ - 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 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 September 30, 20
Nov 02, 2022 04:05 pm ET
Cansortium Announces Shares for Debt Settlement
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 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 September
Oct 11, 2022 04:22 pm ET
Cansortium Announces Resignation of Chief Financial Officer Patricia Fonseca
MIAMI, Oct. 11, 2022 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced that Patricia Fonseca has tendered her resignation as Chief Financial Officer (CFO) of the Company, effective November 21, 2022. Patricia, who joined Cansortium in March 2021, will work with the Company over the next month to ensure an orderly transition. The Company has retained a leading executive search firm to find its next CFO.
Oct 11, 2022 04:22 pm ET
Cansortium Announces Resignation of Chief Financial Officer Patricia Fonseca
MIAMI, Oct. 11, 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 that Patricia Fonseca has tendered her resignation as Chief Financial Officer (CFO) of the Company, effective November 21, 2022. Patricia, who joined Cansortium in March 2021, will work with the Company over the next month to ensure an orderly transition. The Company has retained a leading executive search firm to find its next CFO.
Oct 06, 2022 08:00 am ET
Cansortium Provides Business Update Following Hurricane Ian
MIAMI, Oct. 6, 2022 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is providing an update on the impact of Hurricane Ian to its Florida Business.
Oct 06, 2022 08:00 am ET
Cansortium Provides Business Update Following Hurricane Ian
MIAMI, Oct. 6, 2022 /PRNewswire/ - Cansortium Inc. (CSE:TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is providing an update on the impact of Hurricane Ian to its Florida Business.
Aug 29, 2022 04:05 pm ET
Cansortium Reports Second Quarter 2022 Financial Results
- Q2 Revenue up 14% QoQ and 36% YoY to a Record $22.4 Million -
Aug 29, 2022 04:05 pm ET
Cansortium Reports Second Quarter 2022 Financial Results
- Q2 Revenue up 14% QoQ and 36% YoY to a Record $22.4 Million -
Aug 23, 2022 08:30 am ET
Cansortium Schedules Second Quarter 2022 Conference Call for Monday, August 29 at 4:30 P.M. ET
MIAMI, Aug. 23, 2022 /CNW/ - 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 second quarter ended June 30, 2022. The company will issue a press release with its results prior to the call.
Aug 23, 2022 08:30 am ET
Cansortium Schedules Second Quarter 2022 Conference Call for Monday, August 29 at 4:30 P.M. ET
MIAMI, Aug. 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 second quarter ended June 30, 2022. The company will issue a press release with its results prior to the call.
Jun 10, 2022 04:10 pm ET
Cansortium Files its 2021 Audited Financial Statements as well as its First Quarter 2022 Interim Unaudited Financial Statements on SEDAR
MIAMI, June 10, 2022 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the filing of its full year 2021 audited financial statements, management discussion and analysis and CEO and CFO certificates (collectively, the "Annual Filings") on SEDAR. The Company has also filed its interim unaudited financial statements, management discussion and analysis and related CEO and CFO certifications for the three-months ended March 31, 2022 (the "Interim Filings", and together w
Jun 10, 2022 04:10 pm ET
Cansortium Files its 2021 Audited Financial Statements as well as its First Quarter 2022 Interim Unaudited Financial Statements on SEDAR
MIAMI, June 10, 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 the filing of its full year 2021 audited financial statements, management discussion and analysis and CEO and CFO certificates (collectively, the "Annual Filings") on SEDAR. The Company has also filed its interim unaudited financial statements, management discussion and analysis and related CEO and CFO certifications for the three-months ended March 31, 2022 (the "Interim Filings", and tog
Jun 08, 2022 06:18 pm ET
Cansortium Provides Bi-Weekly MCTO Status Update and Update Regarding Annual and Interim Financial Statements
MIAMI, June 8, 2022 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is providing a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
Jun 08, 2022 06:18 pm ET
Cansortium Provides Bi-Weekly MCTO Status Update and Update Regarding Annual and Interim Financial Statements
MIAMI, June 8, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is providing a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
May 31, 2022 04:15 pm ET
Cansortium Reports First Quarter 2022 Financial Results
- Q1 Revenue up 30% YoY to a Record $19.7 Million; Preliminary April Revenue of $7.5 Million -
May 31, 2022 04:15 pm ET
Cansortium Reports First Quarter 2022 Financial Results
- Q1 Revenue up 30% YoY to a Record $19.7 Million; Preliminary April Revenue of $7.5 Million -
May 27, 2022 04:15 pm ET
Cansortium Provides Bi-Weekly MCTO Status Update and Update Regarding Interim Financial Statements
MIAMI, Fla., May 27, 2022 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is providing a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
May 27, 2022 04:15 pm ET
Cansortium Provides Bi-Weekly MCTO Status Update and Update Regarding Interim Financial Statements
MIAMI, Fla., May 27, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is providing a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
May 19, 2022 04:20 pm ET
Cansortium Provides Bi-Weekly MCTO Status Update
MIAMI, May 19, 2022 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is providing a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
May 19, 2022 04:20 pm ET
Cansortium Provides Bi-Weekly MCTO Status Update
MIAMI, May 19, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is providing a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
May 09, 2022 08:00 am ET
Cansortium Announces Issuance of Management Cease Trade Order
MIAMI, May 9, 2022 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced that, further to its press release issued on May 2, 2022, at the request of the Company, the Ontario Securities Commission (the "OSC") has issued a management cease trade order (the "MCTO") against the Company pursuant to National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
May 09, 2022 08:00 am ET
Cansortium Announces Issuance of Management Cease Trade Order
MIAMI, May 9, 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 that, further to its press release issued on May 2, 2022, at the request of the Company, the Ontario Securities Commission (the "OSC") has issued a management cease trade order (the "MCTO") against the Company pursuant to National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
May 02, 2022 04:47 pm ET
Cansortium Reports Preliminary Unaudited Q4/FY 2021 and Q1 2022 Results
- FY 2021 Revenue up 22% YoY to $63.7 Million; Adjusted EBITDA up 90% YoY to $19.6 million -
May 02, 2022 04:47 pm ET
Cansortium Reports Preliminary Unaudited Q4/FY 2021 and Q1 2022 Results
- FY 2021 Revenue up 22% YoY to $63.7 Million; Adjusted EBITDA up 90% YoY to $19.6 million -
Apr 29, 2022 04:30 pm ET
Cansortium Announces Closing of $4.7 Million Private Placement
MIAMI, April 29, 2022 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the closing of a non-brokered private placement (the "Private Placement") that includes a 10.0% unsecured convertible debenture in the principal amount of US$3.5 million ("the Debenture"), as well as 3,076,923 pre-funded common share purchase warrants (each a "Pre-Funded Warrant") at a price of US$0.39 per Pre-Funded Warrant, for aggregate gross proceeds of US$4.7 million.
Apr 29, 2022 04:30 pm ET
Cansortium Announces Closing of $4.7 Million Private Placement
MIAMI, April 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 the closing of a non-brokered private placement (the "Private Placement") that includes a 10.0% unsecured convertible debenture in the principal amount of US$3.5 million ("the Debenture"), as well as 3,076,923 pre-funded common share purchase warrants (each a "Pre-Funded Warrant") at a price of US$0.39 per Pre-Funded Warrant, for aggregate gross proceeds of US$4.7 million.
Apr 26, 2022 05:03 pm ET
Cansortium to Report Q4 2021 and Preliminary Q1 2022 Results on Monday, May 2 at 5:00 P.M. ET
MIAMI, April 26, 2022 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, will report its financial and operating results for the fourth quarter and full year ended December 31, 2021 after market close on May 2, 2022. The Company also plans to report select preliminary results for the first quarter ended March 31, 2022.
Apr 26, 2022 05:03 pm ET
Cansortium to Report Q4 2021 and Preliminary Q1 2022 Results on Monday, May 2 at 5:00 P.M. ET
MIAMI, April 26, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, will report its financial and operating results for the fourth quarter and full year ended December 31, 2021 after market close on May 2, 2022. The Company also plans to report select preliminary results for the first quarter ended March 31, 2022.
Dec 09, 2021 03:30 pm ET
Cansortium Announces Exercise of Equity Cure Right
MIAMI, Dec. 9, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today provided notice that it has exercised its first equity cure right under its previously announced $71 Million Credit Agreement.
Dec 09, 2021 03:30 pm ET
Cansortium Announces Exercise of Equity Cure Right
MIAMI, Dec. 9, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today provided notice that it has exercised its first equity cure right under its previously announced $71 Million Credit Agreement.
Dec 06, 2021 07:30 am ET
Cansortium Closes Non-Brokered Equity Private Placement
MIAMI, Dec. 6, 2021 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the closing of a non-brokered equity private placement. In total, the Company issued 3,571,428 common shares at a price of $0.70 per share for total proceeds of approximately US$2.5 million.
Dec 06, 2021 07:30 am ET
Cansortium Closes Non-Brokered Equity Private Placement
MIAMI, Dec. 6, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the closing of a non-brokered equity private placement. In total, the Company issued 3,571,428 common shares at a price of $0.70 per share for total proceeds of approximately US$2.5 million.
Nov 30, 2021 03:05 pm ET
Cansortium Reports Third Quarter 2021 Financial Results
Q3 Revenue up 9% YoY to $15.6 Million; Adjusted EBITDA up 34% to $4.9 million
Nov 30, 2021 03:05 pm ET
Cansortium Reports Third Quarter 2021 Financial Results
Q3 Revenue up 9% YoY to $15.6 Million; Adjusted EBITDA up 34% to $4.9 million
Nov 24, 2021 07:30 am ET
Cansortium Announces Participation in Upcoming Investor Conferences
MIAMI, Nov. 24, 2021 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, announced that its leadership team will participate at two upcoming investor conferences in December 2021:
Nov 24, 2021 07:30 am ET
Cansortium Announces Participation in Upcoming Investor Conferences
MIAMI, Nov. 24, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, announced that its leadership team will participate at two upcoming investor conferences in December 2021:
Nov 18, 2021 03:05 pm ET
Cansortium Sets Third Quarter 2021 Conference Call for Tuesday, November 30 at 5:00 p.m. ET
MIAMI, Nov. 18, 2021 /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 on Tuesday, November 30, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2021. The Company will report its results in a press release prior to the conference call.
Nov 18, 2021 03:05 pm ET
Cansortium Sets Third Quarter 2021 Conference Call for Tuesday, November 30 at 5:00 p.m. ET
MIAMI, Nov. 18, 2021 /CNW/ - 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 on Tuesday, November 30, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2021. The Company will report its results in a press release prior to the conference call.
Nov 05, 2021 05:00 pm ET
Cansortium Announces Change of Auditor
MIAMI, Nov. 5, 2021 /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 changed its auditor from MNP LLP ("Former Auditor") to Baker Tilly US, LLP ("Successor Auditor"). At the request of the Company, the Former Auditor resigned as the auditor of the Company effective October 1, 2021 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective October 15, 2021, to hold office until the next annual meeting of
Nov 05, 2021 05:00 pm ET
Cansortium Announces Change of Auditor
MIAMI, Nov. 5, 2021 /CNW/ - 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 changed its auditor from MNP LLP ("Former Auditor") to Baker Tilly US, LLP ("Successor Auditor"). At the request of the Company, the Former Auditor resigned as the auditor of the Company effective October 1, 2021 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective October 15, 2021, to hold office until the next annual meeting of the Co
Sep 16, 2021 09:50 am ET
Fluent by Cansortium Opens New Dispensary in Fruitland Park, Florida
MIAMI, Sept. 16, 2021 /CNW/ - Fluent by Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Fluent," "Cansortium," or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the opening of Fluent Fruitland Park, the Company's 27th retail location in Florida.
Sep 16, 2021 09:50 am ET
Fluent by Cansortium Opens New Dispensary in Fruitland Park, Florida
MIAMI, Sept. 16, 2021 /PRNewswire/ - Fluent by Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Fluent," "Cansortium," or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the opening of Fluent Fruitland Park, the Company's 27th retail location in Florida.
Aug 24, 2021 04:05 pm ET
Cansortium Reports Second Quarter 2021 Financial Results
Q2 Revenue up 24% YoY to $16.5 Million; Adjusted EBITDA up ~2x to $5.2 Million
Aug 24, 2021 04:05 pm ET
Cansortium Reports Second Quarter 2021 Financial Results
Q2 Revenue up 24% YoY to $16.5 Million; Adjusted EBITDA up ~2x to $5.2 Million
Aug 23, 2021 04:48 pm ET
Cansortium Reschedules its Second Quarter 2021 Conference Call for Wednesday, August 25 at 8:30 a.m. ET
MIAMI, Aug. 23, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is rescheduling its second quarter 2021 conference call for Wednesday, August 25, 2021 at 8:30 a.m. Eastern time. The Company will report its results in a press release prior to the conference call.
Aug 23, 2021 04:48 pm ET
Cansortium Reschedules its Second Quarter 2021 Conference Call for Wednesday, August 25 at 8:30 a.m. ET
MIAMI, Aug. 23, 2021 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is rescheduling its second quarter 2021 conference call for Wednesday, August 25, 2021 at 8:30 a.m. Eastern time. The Company will report its results in a press release prior to the conference call.
Aug 23, 2021 04:31 pm ET
Fluent by Cansortium Expands Florida Cultivation with New Greenhouse Facilities in Homestead and Sweetwater
New Facilities Increase Florida Cultivation Footprint to Support Expanded Offerings
Aug 23, 2021 04:31 pm ET
Fluent by Cansortium Expands Florida Cultivation with New Greenhouse Facilities in Homestead and Sweetwater
New Facilities Increase Florida Cultivation Footprint to Support Expanded Offerings
Aug 20, 2021 08:30 am ET
Cansortium Opens New Dispensary in Mechanicsburg, Pennsylvania
MIAMI, Aug. 20, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the opening of Fluent Mechanicsburg, the Company's 2nd retail location in Pennsylvania and its 28th dispensary overall.
Aug 20, 2021 08:30 am ET
Cansortium Opens New Dispensary in Mechanicsburg, Pennsylvania
MIAMI, Aug. 20, 2021 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the opening of Fluent Mechanicsburg, the Company's 2nd retail location in Pennsylvania and its 28th dispensary overall.
Aug 16, 2021 08:30 am ET
Cansortium Sets Second Quarter 2021 Conference Call for Monday, August 23 at 5:00 p.m. ET
MIAMI, Aug. 16, 2021 /CNW/ - 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 on Monday, August 23, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2021. The Company will report its results in a press release prior to the conference call.
Aug 16, 2021 08:30 am ET
Cansortium Sets Second Quarter 2021 Conference Call for Monday, August 23 at 5:00 p.m. ET
MIAMI, Aug. 16, 2021 /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 on Monday, August 23, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2021. The Company will report its results in a press release prior to the conference call.
Jul 22, 2021 07:05 am ET
OTC Markets Group Welcomes Cansortium to OTCQX
MIAMI, July 22, 2021 /CNW/ - OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, has qualified to trade on the OTCQX® Best Market. Cansortium upgrades to OTCQX from the OTCQB® Venture Market.
Jul 22, 2021 07:05 am ET
OTC Markets Group Welcomes Cansortium to OTCQX
MIAMI, July 22, 2021 /PRNewswire/ - OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, has qualified to trade on the OTCQX® Best Market. Cansortium upgrades to OTCQX from the OTCQB® Venture Market.
Jul 22, 2021 07:00 am ET
OTC Markets Group Welcomes Cansortium to OTCQX
NEW YORK, July 22, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Cansortium Inc. (CSE: TIUM.U; OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, has qualified to trade on the OTCQX® Best Market. Cansortium upgrades to OTCQX from the OTCQB® Venture Market.
Jul 19, 2021 08:30 am ET
Cansortium Opens New Dispensary in Deerfield Beach, Florida
MIAMI, July 19, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the opening of Fluent Deerfield Beach, the Company's 26th retail location in Florida and its second dispensary in Broward County.
Jul 19, 2021 08:30 am ET
Cansortium Opens New Dispensary in Deerfield Beach, Florida
MIAMI, July 19, 2021 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the opening of Fluent Deerfield Beach, the Company's 26th retail location in Florida and its second dispensary in Broward County.
Jul 02, 2021 04:15 pm ET
Cansortium Announces Results of Annual General and Special Meeting of Shareholders
MIAMI, Fla., July 2, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated 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 June 30, 2021.
Jul 02, 2021 04:15 pm ET
Cansortium Announces Results of Annual General and Special Meeting of Shareholders
MIAMI, Fla., July 2, 2021 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated 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 June 30, 2021.
Jul 02, 2021 08:30 am ET
Cansortium Cancels Convertible Notes
MIAMI, FL, July 2, 2021 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced that it has exercised its right under the convertible promissory notes (the "Notes") initially issued in the aggregate principal amount of US$10 million in February 2019 (as amended in August 2020, February 2021 and May 2021) to force the conversion of the Notes into common shares of the Company.  US$5 million of the Notes were previously redeemed with cash on May 5, 2021.  As a result, all obl
Jul 02, 2021 08:30 am ET
Cansortium Cancels Convertible Notes
MIAMI, FL, July 2, 2021 /PRNewswire/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced that it has exercised its right under the convertible promissory notes (the "Notes") initially issued in the aggregate principal amount of US$10 million in February 2019 (as amended in August 2020, February 2021 and May 2021) to force the conversion of the Notes into common shares of the Company.  US$5 million of the Notes were previously redeemed with cash on May 5, 2021.  As a result,
Jun 11, 2021 04:30 pm ET
Cansortium Announces Shares for Debt Settlement
MIAMI, June 11, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, announces that it has agreed with an independent director to issue 143,678 common shares ("Debt Shares") to such director in exchange for the cancellation of U.S.$125,000 of director fees owing. The Debt Shares are being issued at a deemed price of U.S.$0.87, in accordance with the policies of the Canadian Securities Exchange.
Jun 11, 2021 04:30 pm ET
Cansortium Announces Shares for Debt Settlement
MIAMI, June 11, 2021 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, announces that it has agreed with an independent director to issue 143,678 common shares ("Debt Shares") to such director in exchange for the cancellation of U.S.$125,000 of director fees owing. The Debt Shares are being issued at a deemed price of U.S.$0.87, in accordance with the policies of the Canadian Securities Exchange.
Jun 04, 2021 08:30 am ET
May 28, 2021 04:05 pm ET
Cansortium Reports First Quarter 2021 Financial Results
Q1 Revenue up 49% YoY to $15.1 Million; Adjusted EBITDA up Significantly to $4.4 Million
May 25, 2021 08:30 am ET
Cansortium Sets First Quarter 2021 Conference Call for Friday, May 28 at 4:30 p.m. ET
MIAMI, Fla., May 25, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, will hold a conference call on Friday, May 28, 2021 at 4:30 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2021. The Company will report its results in a press release prior to the conference call.
May 07, 2021 08:15 am ET
Cansortium Redeems US$5 Million of Convertible Notes
MIAMI, FL, May 7, 2021 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced that it has exercised its right to redeem up to the maximum of US$5 million of the convertible promissory notes (the "Notes") that were initially issued in the aggregate principal amount of US$10 million in February 2019 (as amended in August 2020 and February 2021).  As a result of this redemption, the aggregate principal amount that remains outstanding on the Notes is US$5 million.  The rema
May 06, 2021 06:02 pm ET
Cansortium Satisfies $12.9 Million of Debt
MIAMI, May 6, 2021 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the satisfaction of its obligations under an amended and restated promissory note (the "Promissory Note") dated January 16, 2020 in the principal amount of US$12,933,290.02 that was owing to Can Endeavour LLC ("Can Endeavour").
May 05, 2021 08:30 am ET
AFC Gamma Serves as Lead Investor in Cansortium’s $71 Million Senior Secured Credit Facility to Fund Operations in Three States
AFC Gamma, Inc. (NASDAQ:AFCG) (“AFCG”) today announced it has invested $15 million in Cansortium Inc.’s (“Cansortium”, or the “Borrower”) (CSE: TIUM.U), (OTCQB: CNTMF) $71 million credit facility. Seaport Global, LLC acted as the placement agent....
May 03, 2021 08:41 pm ET
Cansortium Reports Fourth Quarter And Full Year 2020 Financial Results And Provides Recent Operational Update
Q4 Revenue up 54% to $14.7 Million; Q4 Adjusted EBITDA up Significantly to $3.3 Million       
Apr 30, 2021 08:00 am ET
Cansortium Completes $71 Million Debt Financing
Debt Maturities Extended to April 2025
Apr 09, 2021 08:55 am ET
Cansortium Announces Second Closing of Private Placement to Complete $17.1 Million Equity Financing
MIAMI, April 9, 2021 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), today announced the second and final closing of its previously announced private placement of units ("Units") at a purchase price of US$0.70 per Unit (the "Private Placement"). The second closing was approximately US$5.2 million, bringing the total Private Placement investment to US$17.1 million.  Each Unit consists of one common share of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the hold
Apr 05, 2021 08:50 am ET
Cansortium Closes US$12 Million Private Placement
PROCEEDS WILL BE USED TO INCREASE FLORIDA CULTIVATION CAPACITY, ACCELERATE DISPENSARY OPENINGS AND ACCELERATE GROWTH IN CORE FLORIDA MARKET
Mar 22, 2021 12:35 pm ET
IIROC Trading Halt - TIUM.WT.U
VANCOUVER, BC, March 22, 2021 /CNW/ - The following issues have been halted by IIROC:
Feb 12, 2021 07:30 am ET
Cansortium Continues the Successful Execution of its Operating Plan Exceeds 2020 Florida Revenue Forecast Successfully Harvests and Commences Sale of Michigan Crop - Cansortium Further Solidifies its
MIAMI, Feb. 12, 2021 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, announced that it has exceeded its previously stated year-end 2020 Florida revenue guidance by $1.9 million. The Company reported Florida revenues, which account for 88% of its consolidated revenues, of $13.4 million for Q4 and approximately $46.9 million for the full year ended December 31, 2020.  The Company was one of the first operators in Florida to successfully roll out a line
Feb 12, 2021 07:30 am ET
Cansortium Continues the Successful Execution of its Operating Plan Exceeds 2020 Florida Revenue Forecast Successfully Harvests and Commences Sale of Michigan Crop - Cansortium Further Solidifies its
MIAMI, Feb. 12, 2021 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, announced that it has exceeded its previously stated year-end 2020 Florida revenue guidance by $1.9 million. The Company reported Florida revenues, which account for 88% of its consolidated revenues, of $13.4 million for Q4 and approximately $46.9 million for the full year ended December 31, 2020.  The Company was one of the first operators in Florida to successfully roll out
Feb 02, 2021 08:04 am ET
Clarification of Smith Group Share Ownership
MIAMI, Feb. 2, 2021 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, is issuing this release to clarify its understanding as of December 31, 2020 of the share ownership percentages previously announced by William Smith (including his affiliated entities, the "Smith Group") on January 26, 2021.  Specifically, the 1,421,538 proportionate voting shares, which were part of the January 2020 agreed to restructuring of the obligations owed to the Smith Group
Feb 02, 2021 08:04 am ET
Clarification of Smith Group Share Ownership
MIAMI, Feb. 2, 2021 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, is issuing this release to clarify its understanding as of December 31, 2020 of the share ownership percentages previously announced by William Smith (including his affiliated entities, the "Smith Group") on January 26, 2021.  Specifically, the 1,421,538 proportionate voting shares, which were part of the January 2020 agreed to restructuring of the obligations owed to the Smith
Feb 01, 2021 08:21 pm ET
Cansortium Announces Second Amendment to Convertible Notes
MIAMI, Fla., Feb. 1, 2021 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, announces the completion of the amendment to its convertible notes (the "Notes") which were previously issued in February of 2019.  At that time, the Company completed a convertible note private placement financing (the "Convertible Note Financing") through the issuance of the Notes in the aggregate principal amount of U.S.$10,000,021.50 at 12% interest per annum with a maturity d
Feb 01, 2021 08:21 pm ET
Cansortium Announces Second Amendment to Convertible Notes
MIAMI, Fla., Feb. 1, 2021 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, announces the completion of the amendment to its convertible notes (the "Notes") which were previously issued in February of 2019.  At that time, the Company completed a convertible note private placement financing (the "Convertible Note Financing") through the issuance of the Notes in the aggregate principal amount of U.S.$10,000,021.50 at 12% interest per annum with a mat
Jan 26, 2021 09:25 am ET
Acquisition of Securities of Cansortium, Inc.
Toronto, Ontario--(Newsfile Corp. - January 26, 2021) - William Smith announces that pursuant to the terms of a proposed agreement (the "Proposed Agreement") among William M. Smith ("Smith"), certain companies controlled by Smith (the "Smith Companies" and, together with Smith, the "Smith Group") and Cansortium, Inc. ("Cansortium"), the Smith Group has received 1,421,538 proportional voting shares of Cansortium (the "Acquired PV Shares") and, assuming that the Proposed Agreement is completed, the Smith Group will be entitled to keep the Acquired PV Shares, receive an additional 4,988,520 common shares of Cansortium (the "Additional Acquired Shares") and receive an Amended and Restated Promissory Note in the principal amount of $12,933,290.02 convertible into common shares of Cansortium at a conversion price of $0.60 per common share, subject to adjustment (the "Convertible Note"). The Acquired PV Shares were delivered to the Smith Group in December 2020.
Jan 22, 2021 06:21 pm ET
Cansortium Announces Shares for Debt Settlement and Issuance of Stock Options
MIAMI, Jan. 22, 2021 /CNW/ - Cansortium Inc. (CSE : TIUM.U) (OTCQB : CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, announces that it has agreed with certain of its directors and officers to issue an aggregate of 1,286,110 common shares ("Debt Shares") to such directors and officers in exchange for the cancellation of an aggregate of U.S.$771,667 in amounts owing. The Debt Shares are being issued at a deemed price of U.S.$0.60, in accordance with the policies of the Canadian Securities Exchange.
Jan 22, 2021 06:21 pm ET
Cansortium Announces Shares for Debt Settlement and Issuance of Stock Options
MIAMI, Jan. 22, 2021 /PRNewswire/ - Cansortium Inc. (CSE : TIUM.U) (OTCQB : CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, announces that it has agreed with certain of its directors and officers to issue an aggregate of 1,286,110 common shares ("Debt Shares") to such directors and officers in exchange for the cancellation of an aggregate of U.S.$771,667 in amounts owing. The Debt Shares are being issued at a deemed price of U.S.$0.60, in accordance with the policies of the Canadian Securities Exch
Jan 21, 2021 08:06 am ET
Cansortium Inc. Appoints CEO Robert Beasley to Board of Directors
Disbands Special Committee and Expands Role of Audit Committee
Jan 21, 2021 08:06 am ET
Cansortium Inc. Appoints CEO Robert Beasley to Board of Directors
Disbands Special Committee and Expands Role of Audit Committee
Dec 21, 2020 03:47 pm ET
Cansortium Announces Resignation of Marcos Pedreira
Co-Founder and Former CFO to assume Interim CFO role
Dec 21, 2020 03:47 pm ET
Cansortium Announces Resignation of Marcos Pedreira
Co-Founder and Former CFO to assume Interim CFO role
Dec 21, 2020 07:55 am ET
Cansortium Announces Opening of its 24th Fluent™ Medical Marijuana Dispensary in Florida
MIAMI, Dec. 21, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, continued its Florida expansion with the December 18th opening of its 24th Florida dispensary, making it the sixth of 2020.
Dec 21, 2020 07:55 am ET
Cansortium Announces Opening of its 24th Fluent™ Medical Marijuana Dispensary in Florida
MIAMI, Dec. 21, 2020 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, continued its Florida expansion with the December 18th opening of its 24th Florida dispensary, making it the sixth of 2020.
Dec 17, 2020 03:34 pm ET
Cansortium Extends $10 Million Convertible Notes
MIAMI, Dec. 17, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, today announced that it has reached an agreement in principle with the holders of its February 2019 Convertible Notes (the "Notes") to extend the maturity dates of the Notes to December 2022.   The Company had previously announced in August 2020 amendments to the Notes that extended the maturity dates to December 31, 2020, with an automatic extension to February 28, 2021 upon agreeme
Dec 17, 2020 03:34 pm ET
Cansortium Extends $10 Million Convertible Notes
MIAMI, Dec. 17, 2020 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, today announced that it has reached an agreement in principle with the holders of its February 2019 Convertible Notes (the "Notes") to extend the maturity dates of the Notes to December 2022.   The Company had previously announced in August 2020 amendments to the Notes that extended the maturity dates to December 31, 2020, with an automatic extension to February 28, 2021 upon
Nov 23, 2020 08:00 am ET
Cansortium Inc. Reports 2020 Third Quarter Financial Results
Another strong quarter highlighted by $3.6M of Adjusted EBITDA on $14.3M of revenue
Nov 23, 2020 08:00 am ET
Cansortium Inc. Reports 2020 Third Quarter Financial Results
Another strong quarter highlighted by $3.6M of Adjusted EBITDA on $14.3M of revenue
Nov 09, 2020 08:00 am ET
Cansortium Announces Opening of its 23rd Fluent™ Medical Marijuana Dispensary in Florida
MIAMI, Nov. 9, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, continued its Florida expansion with the November 6th opening of its 23rd Florida dispensary, making it the fifth of 2020.
Nov 09, 2020 08:00 am ET
Cansortium Announces Opening of its 23rd Fluent™ Medical Marijuana Dispensary in Florida
MIAMI, Nov. 9, 2020 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, continued its Florida expansion with the November 6th opening of its 23rd Florida dispensary, making it the fifth of 2020.
Oct 15, 2020 09:00 am ET
Cansortium Announces Opening of its 22nd Fluent™ Medical Marijuana Dispensary in Florida
MIAMI, Oct. 15, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF) a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, continues its Florida expansion with the October 14th opening of its 22nd Florida dispensary; making it the fourth of 2020.
Oct 15, 2020 09:00 am ET
Cansortium Announces Opening of its 22nd Fluent™ Medical Marijuana Dispensary in Florida
MIAMI, Oct. 15, 2020 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF) a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, continues its Florida expansion with the October 14th opening of its 22nd Florida dispensary; making it the fourth of 2020.
Oct 13, 2020 09:00 am ET
Cansortium Commences Edibles Sales in Florida Following Receipt of Regulatory Approval
MIAMI, Oct. 13, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical Cannabis operating under the Fluent™ brand, today announced that it has received approval from the Florida Department of Health and will commence sales of edibles today in each of its Fluent dispensaries in the state.   The Company was well-positioned to react to the emergency rules issued by DOH at the end of August and quickly move through the regulatory approval process.  Edibles represents a route of delivery eagerly antic
Oct 13, 2020 09:00 am ET
Cansortium Commences Edibles Sales in Florida Following Receipt of Regulatory Approval
MIAMI, Oct. 13, 2020 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical Cannabis operating under the Fluent™ brand, today announced that it has received approval from the Florida Department of Health and will commence sales of edibles today in each of its Fluent dispensaries in the state.   The Company was well-positioned to react to the emergency rules issued by DOH at the end of August and quickly move through the regulatory approval process.  Edibles represents a route of delivery eagerl
Sep 29, 2020 04:15 pm ET
Cansortium Appoints Robert Beasley as Chief Executive Officer
MIAMI, Sept. 29, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U) (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, today announced the appointment of Robert Beasley as Chief Executive Officer.  Since the beginning of 2020, Robert has been a Senior Advisor to the Company and actively involved in all aspects of Cansortium's operations, reporting directly to the Board of Directors.
Aug 26, 2020 09:00 am ET
Cansortium Inc. Reports Second Quarter Financial Results
Company achieves record revenue, more than doubling last year's second quarter revenue
Aug 24, 2020 05:09 pm ET
Cansortium Announces Opening of its 21st Fluent™ Medical Marijuana Dispensary in Florida
MIAMI, FL, Aug. 24, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF) a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, continued its Florida expansion with the August 21st opening of its 21st Florida dispensary, its third of 2020.
Aug 17, 2020 09:00 am ET
Cansortium Announces Amendment to Convertible Notes
MIAMI, Aug. 17, 2020 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, announces an amendment to its convertible notes (the "Notes") which were previously issued in February of 2019.  At that time, the Company completed a convertible note private placement financing (the "Convertible Note Financing") through the issuance of the Notes in the aggregate principal amount of U.S.$10,000,021.50 at 12% interest per annum with a maturity date of eighteen (18) mont
Aug 11, 2020 04:45 pm ET
Cansortium Announces Settlement with Woodmere Health Partners LLC
MIAMI, Aug. 11, 2020 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, announced today that it has reached a settlement with Woodmere Health Partners LLC ("Woodmere").  Woodmere was the Company's former market partner in Pennsylvania in connection with its application for a clinical registrant license with the Pennsylvania Department of Health.  The Company was not one of the successful applicants and the license was not obtained which led to a dispute re
Jul 20, 2020 04:03 pm ET
Cansortium Inc. Announces Management Agreement with Freedom Town Holdings, LLC for New Florida Cultivation and Production Facility
MIAMI, July 20, 2020 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, today announced the signing of a Management Agreement (the "Management Agreement") with Freedom Town Holdings, LLC ("FT"), a multi-state operator that specializes in the production of high end cannabis flower, products, genetics and extraction, pursuant to which FT will provide management and operational consulting services for the Company's newly secured Florida cultivation and product
Jul 20, 2020 04:03 pm ET
Cansortium Inc. Announces Management Agreement with Freedom Town Holdings, LLC for New Florida Cultivation and Production Facility
MIAMI, July 20, 2020 /PRNewswire/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, today announced the signing of a Management Agreement (the "Management Agreement") with Freedom Town Holdings, LLC ("FT"), a multi-state operator that specializes in the production of high end cannabis flower, products, genetics and extraction, pursuant to which FT will provide management and operational consulting services for the Company's newly secured Florida cultivation and
Jul 07, 2020 09:00 am ET
Cansortium Inc. Reports First Quarter Financial Results; Reiterates Full Year 2020 Outlook
MIAMI, July 7, 2020 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated provider of premium-quality medical cannabis, today announced financial results for its first quarter ended March 31, 2020 and reiterated its full year 2020 outlook. The Company's unaudited condensed interim consolidated financial statements and accompanying notes, along with the Management Discussion and Analysis (MD&A) are available under the Company's profile on SEDAR at www.sedar.com and are also accessible through a link on the Investor Relations section o
Jul 07, 2020 09:00 am ET
Cansortium Inc. Reports First Quarter Financial Results; Reiterates Full Year 2020 Outlook
MIAMI, July 7, 2020 /PRNewswire/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated provider of premium-quality medical cannabis, today announced financial results for its first quarter ended March 31, 2020 and reiterated its full year 2020 outlook. The Company's unaudited condensed interim consolidated financial statements and accompanying notes, along with the Management Discussion and Analysis (MD&A) are available under the Company's profile on SEDAR at www.sedar.com and are also accessible through a link on the Investor Relations se
Jun 09, 2020 04:33 pm ET
Cansortium Inc. Announces Issuance of Shares for Debentureholder Consent
MIAMI, June 9, 2020 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company")  announced today the issuance of common shares to its debentureholders in connection with obtaining their consent to the Company's sale of its non-core assets in Canada (the "Transaction"). 
Jun 09, 2020 04:33 pm ET
Cansortium Inc. Announces Issuance of Shares for Debentureholder Consent
MIAMI, June 9, 2020 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company")  announced today the issuance of common shares to its debentureholders in connection with obtaining their consent to the Company's sale of its non-core assets in Canada (the "Transaction"). 
Jun 03, 2020 04:42 pm ET
Cansortium Inc. Announces Issuance of Shares for Directors' Fees
MIAMI, June 3, 2020 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company")  announced today that the board of directors of the Company has approved the issuance of common shares to certain of its directors in satisfaction of a portion of directors' fees accrued up to May 31, 2020. The Company is issuing 408,286 common shares at a deemed price of U.S.$0.38 per share in satisfaction of U.S.$155,149 of accrued directors' fees with the balance being paid in cash.
Jun 03, 2020 04:42 pm ET
Cansortium Inc. Announces Issuance of Shares for Directors' Fees
MIAMI, June 3, 2020 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company")  announced today that the board of directors of the Company has approved the issuance of common shares to certain of its directors in satisfaction of a portion of directors' fees accrued up to May 31, 2020. The Company is issuing 408,286 common shares at a deemed price of U.S.$0.38 per share in satisfaction of U.S.$155,149 of accrued directors' fees with the balance being paid in cash.
Jun 01, 2020 06:13 pm ET
Cansortium Inc. Announces Further Progress on Strategic Initiatives
MIAMI, June 1, 2020 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") and the Special Committee of the Board of Directors announced today completion of two important initiatives that were part of its strategic plan, developed during the second half of 2019, to focus the Company's capital and other resources on the most promising growth opportunities in Florida, Michigan, Pennsylvania and Texas.
Jun 01, 2020 06:13 pm ET
Cansortium Inc. Announces Further Progress on Strategic Initiatives
MIAMI, June 1, 2020 /PRNewswire/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") and the Special Committee of the Board of Directors announced today completion of two important initiatives that were part of its strategic plan, developed during the second half of 2019, to focus the Company's capital and other resources on the most promising growth opportunities in Florida, Michigan, Pennsylvania and Texas.
May 19, 2020 09:27 am ET
Cansortium Inc. Reports Fourth Quarter and Full Year 2019 Financial Results; Provides Preliminary First Quarter 2020 Metrics and Initial Full Year 2020 Outlook
MIAMI, May 19, 2020 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated provider of premium-quality medical cannabis, today announced financial results for its fourth quarter and full year ended December 31, 2019. The Company also provided preliminary first quarter 2020 financial metrics and its initial full year 2020 outlook.  The Company's audited consolidated financial statements and accompanying notes for fiscal 2019, along with the Management Discussion and Analysis (MD&A) are available under the Company's profile on SEDAR at
May 19, 2020 09:27 am ET
Cansortium Inc. Reports Fourth Quarter and Full Year 2019 Financial Results; Provides Preliminary First Quarter 2020 Metrics and Initial Full Year 2020 Outlook
MIAMI, May 19, 2020 /PRNewswire/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated provider of premium-quality medical cannabis, today announced financial results for its fourth quarter and full year ended December 31, 2019. The Company also provided preliminary first quarter 2020 financial metrics and its initial full year 2020 outlook.  The Company's audited consolidated financial statements and accompanying notes for fiscal 2019, along with the Management Discussion and Analysis (MD&A) are available under the Company's profile on SE
May 04, 2020 06:19 pm ET
Zola Global Investors Ltd. Announces Acquisition of Common Shares and Options of Cansortium Inc.
TORONTO, May 4, 2020 /CNW/ - Zola Global Investors Ltd. ("Zola") announced today that it has acquired 1,000,000 common shares and 3,000,000 options to acquire an equivalent number of common shares of Cansortium Inc. (CSE: TIUM.U) ("Cansortium") as consideration for its services pursuant to a consulting agreement entered into between Zola and Cansortium. The incentive stock options, which are fully-vested, have an exercise price of US$0.255 per common share and an expiry date of May 4, 2023. The options were issued pursuant to Cansortium's stock option plan.
May 04, 2020 05:38 pm ET
Cansortium Inc. Provides Business Update, Including Commentary on Positive 2020 Business Momentum
MIAMI, May 4, 2020 /CNW/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") today provided an update on its business, including commentary on its current business operations, liquidity, and positive financial momentum in the midst of the global COVID-19 pandemic.
May 04, 2020 05:38 pm ET
Cansortium Inc. Provides Business Update, Including Commentary on Positive 2020 Business Momentum
MIAMI, May 4, 2020 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") today provided an update on its business, including commentary on its current business operations, liquidity, and positive financial momentum in the midst of the global COVID-19 pandemic.
Apr 30, 2020 09:00 am ET
Cansortium Inc. Announces Completion of Sale of Non-Core Puerto Rican Operations
MIAMI, April 30, 2020 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") today announced completion of the sale of the Company's non-core operations in Puerto Rico. Under terms of the sale, PRICH Biotech Corp. ("PRICH") acquired the operational assets, including applicable cannabis licenses, and assumed certain liabilities, in exchange for approximately $670,000 in cash. In addition, PRICH will pay the Company a royalty on future sales of Fluent-branded products, commencing on the closing date. The sale has already received regulatory approval.
Apr 30, 2020 09:00 am ET
Cansortium Inc. Announces Completion of Sale of Non-Core Puerto Rican Operations
MIAMI, April 30, 2020 /PRNewswire/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") today announced completion of the sale of the Company's non-core operations in Puerto Rico. Under terms of the sale, PRICH Biotech Corp. ("PRICH") acquired the operational assets, including applicable cannabis licenses, and assumed certain liabilities, in exchange for approximately $670,000 in cash. In addition, PRICH will pay the Company a royalty on future sales of Fluent-branded products, commencing on the closing date. The sale has already received regulatory approval.
Apr 27, 2020 09:00 am ET
Cansortium Inc. Elects to Utilize Temporary COVID-19 Filing Exemption to Postpone Filing of Fourth Quarter and Full Year 2019 Financial Statements
MIAMI, April 27, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U) (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, announced today that it intends to avail itself of the 45-day filing extension provided by the Canadian Securities Administrators as blanket relief, and Ontario Instrument 51-502: Temporary Exemption from Certain Corporate Finance Requirements (the "Order"), for periodic filings normally required to be made by issuers during the period from March 23, 2020 to June 1, 2020. Accordingly
Apr 27, 2020 09:00 am ET
Cansortium Inc. Elects to Utilize Temporary COVID-19 Filing Exemption to Postpone Filing of Fourth Quarter and Full Year 2019 Financial Statements
MIAMI, April 27, 2020 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U) (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, announced today that it intends to avail itself of the 45-day filing extension provided by the Canadian Securities Administrators as blanket relief, and Ontario Instrument 51-502: Temporary Exemption from Certain Corporate Finance Requirements (the "Order"), for periodic filings normally required to be made by issuers during the period from March 23, 2020 to June 1, 2020. Acco
Apr 22, 2020 09:00 am ET
Cansortium Celebrates Opening of its Newest Fluent™ Medical Marijuana Dispensary in Florida
East Orlando Site is Company's 20th Florida Dispensary and 3rd in Orlando Metro Area
Apr 22, 2020 09:00 am ET
Cansortium Celebrates Opening of its Newest Fluent™ Medical Marijuana Dispensary in Florida
East Orlando Site is Company's 20th Florida Dispensary and 3rd in Orlando Metro Area
Apr 13, 2020 09:00 am ET
Cansortium Inc. Appoints Ontario Pharmacist Roger Daher to Board of Directors
MIAMI, April 13, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF) a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, today announced the appointment of Ontario pharmacist Roger Daher to its Board of Directors.
Apr 13, 2020 09:00 am ET
Cansortium Inc. Appoints Ontario Pharmacist Roger Daher to Board of Directors
MIAMI, April 13, 2020 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF) a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, today announced the appointment of Ontario pharmacist Roger Daher to its Board of Directors.
Feb 24, 2020 03:40 pm ET
Cansortium Inc. Board Chairman Neal Hochberg to Assume Role as Executive Chairman Following Resignation of Co-Founder and CEO Jose Hidalgo
MIAMI, Feb. 24, 2020 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically integrated cannabis company with operations in Florida, Texas, Michigan and Pennsylvania, today announced that Neal Hochberg, Chairman of the Board of Directors and Chairman of the Special Committee of the Board that was formed in 2019, has been appointed Executive Chairman, effective immediately, following the resignation of co-founder and CEO Jose Hidalgo.
Feb 21, 2020 08:00 am ET
Cansortium Announces Opening of Its 19th Fluent™ Medical Marijuana Dispensary in Florida
MIAMI, Feb. 21, 2020 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF) a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, continued its Florida expansion with the February 20th opening of its 19th Florida dispensary, its first of 2020 and one of several more at various stages of construction and approval that the Company expects to add to its network during the first half of the year.
Feb 13, 2020 03:00 pm ET
Cansortium Inc. Announces First Step in Planned Exit from Colombian Cannabis Market
4.1 million of the Company's common shares returned to treasury
Feb 11, 2020 09:45 am ET
Cansortium Announces Change of Auditor
Miami, Florida--(Newsfile Corp. - February 11, 2020) - Cansortium Inc. (CSE: TIUM) ("Cansortium" or the "Company"), a vertically-integrated, global provider of premium-quality medical cannabis, announces that it has changed its auditor from Macias Gini & O'Connell LLP ("Former Auditor") to MNP LLP ("Successor Auditor") effective January 21, 2020. At the request of the Company, the Former Auditor resigned as the auditor of the Company effective January 21, 2020 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective January 21, 2020, to hold office until the next annual meeting of the Company.
Feb 07, 2020 08:00 am ET
Cansortium Inc. Announces Management Services Agreement with MXY Holdings LLC ("Moxie") and an Equity Private Placement to Fund Growth
Moxie is a leading operator of cannabis cultivation and manufacturing assets in California, Nevada, Arizona, Pennsylvania and Utah and its products are distributed in over 350 dispensaries across the United States.
Jan 17, 2020 07:48 am ET
Dec 17, 2019 03:26 pm ET
Cansortium Inc. Announces Definitive Agreements to Sell Non-Core Canadian and Puerto Rican Operations
MIAMI, Dec. 17, 2019 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") and the recently-formed Special Committee of the Board of Directors today announced the signing of separate definitive agreements to sell the Company's non-core operations in Canada and Puerto Rico. Terms of the sales, which are each subject to customary conditions and regulatory approvals, were not disclosed.
Dec 06, 2019 08:00 am ET
Cansortium Announces Opening of its 18th Fluent™ Medical Marijuana Dispensary in Florida
MIAMI, Dec. 6, 2019 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF) a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, continues to expand its Florida presence with the December 5th opening of its 18th Florida dispensary in a prime location in Lakeland, Florida, the largest city between Tampa and Orlando.
Nov 06, 2019 07:00 am ET
Cansortium Inc. Provides Update On Strength Of Its Florida Business, Announces The Return Of Approximately 26 Million Shares By Current And Former Senior Executives And Progress On Key Growth Initiati
MIAMI, Nov. 6, 2019 /PRNewswire/ -- Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") and the recently-formed Special Committee of the Board of Directors today announced the continued strong growth of its Florida business and shared progress on the implementation of key elements of its new growth plan to attract capital and strategic operating partners to drive sustainable, profitable growth.
Oct 22, 2019 09:32 am ET
Cansortium Announces a Reorganization of Senior Management and its Board of Directors, Significant Cost Reductions and the Prioritization and Acceleration of Growth in the U.S. Markets, Particularly F
Miami, Florida--(Newsfile Corp. - October 22, 2019) - Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") and its Board of Directors (the "Board') have implemented a series of important corporate initiatives aimed at driving sustainable, profitable growth in the Company's core market of Florida by allocating the necessary capital to expand the number of dispensaries in the state to twenty by the end of 2019. These initiatives are also aimed at ensuring that the Company has the operational flexibility and necessary liquidity to expand on its cultivation and dispensary footprint in the highly attractive markets of Michigan, Texas and Pennsylvania. Consistent with this refocused growth strategy, the Company is evaluating strategic alternatives with respect to non-core assets in Canada, Puerto Rico and Colombia to allow management to focus its attention exclusively on its U.S. markets.
Oct 15, 2019 09:42 am ET
Cansortium Inc. Announces Separation of CEO and Chairman Roles; Appoints Neal Hochberg as Chairman. Jose Hidalgo Continues as CEO to Focus Exclusively on Implementing the Company's Growth Initiatives
MIAMI, Oct. 15, 2019 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") today announced that its Board of Directors has elected independent director Neal Hochberg to serve as Non-Executive Chairman. Mr. Hochberg, a Certified Public Accountant, has a distinguished 40 year career in financial services. He was a Financial Advisory partner at both PWC and KPMG and is a Senior Advisor to the leadership of FTI Consulting Forensic & Litigation Consulting segment, previously serving on FTI's Executive Committee. Recently, he was also appointed by the Supreme Cour
Oct 15, 2019 09:42 am ET
Cansortium Inc. Announces Separation of CEO and Chairman Roles; Appoints Neal Hochberg as Chairman. Jose Hidalgo Continues as CEO to Focus Exclusively on Implementing the Company's Growth Initiatives
MIAMI, Oct. 15, 2019 /PRNewswire/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company") today announced that its Board of Directors has elected independent director Neal Hochberg to serve as Non-Executive Chairman. Mr. Hochberg, a Certified Public Accountant, has a distinguished 40 year career in financial services. He was a Financial Advisory partner at both PWC and KPMG and is a Senior Advisor to the leadership of FTI Consulting Forensic & Litigation Consulting segment, previously serving on FTI's Executive Committee. Recently, he was also appointed by the Supre
Sep 09, 2019 09:40 am ET
Cansortium Announces Opening of its 15th Fluent™ Medical Marijuana Dispensary in Florida and Plans to Have 6 Additional Open by the End of the Year
MIAMI, Sept. 9, 2019 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM), a vertically-integrated, global provider of premium-quality medical cannabis operating under the Fluent™ brand, continues to expand its Florida retail footprint with the September 9th opening of a new Fluent dispensary in a prime location in Cape Coral, FL.
Sep 09, 2019 09:40 am ET
Cansortium Announces Opening of its 15th Fluent™ Medical Marijuana Dispensary in Florida and Plans to Have 6 Additional Open by the End of the Year
MIAMI, Sept. 9, 2019 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM), a vertically-integrated, global provider of premium-quality medical cannabis operating under the Fluent™ brand, continues to expand its Florida retail footprint with the September 9th opening of a new Fluent dispensary in a prime location in Cape Coral, FL.
Aug 29, 2019 04:35 pm ET
Cansortium Inc. Reports Second Quarter 2019 Financial Results; Revises Full Year 2019 Outlook; Expects to Achieve Profitability in Early 2020
MIAMI, Aug. 29, 2019 /CNW/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated, global provider of premium-quality medical cannabis, today announced financial results of the second quarter ended June 30, 2019. The Company's unaudited condensed interim consolidated financial statements and accompanying notes, along with the Management Discussion and Analysis (MD&A) are available under the Company's profile on SEDAR at www.sedar.com and are also accessible through a link on the Investor Relations section of the Company's website at www.can
Aug 29, 2019 04:35 pm ET
Cansortium Inc. Reports Second Quarter 2019 Financial Results; Revises Full Year 2019 Outlook; Expects to Achieve Profitability in Early 2020
MIAMI, Aug. 29, 2019 /PRNewswire/ - Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated, global provider of premium-quality medical cannabis, today announced financial results of the second quarter ended June 30, 2019. The Company's unaudited condensed interim consolidated financial statements and accompanying notes, along with the Management Discussion and Analysis (MD&A) are available under the Company's profile on SEDAR at www.sedar.com and are also accessible through a link on the Investor Relations section of the Company's website at
Aug 22, 2019 09:00 am ET
Cansortium, Inc. Second Quarter Financial Results and Conference Call Scheduled for August 29
MIAMI, Aug. 22, 2019 /CNW/ - Cansortium Inc. (CSE:TIUM) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a leading Florida-based medical cannabis company operating under the Fluent™ Cannabis Care brand (formerly Knox Medical) and with a mission to deliver the highest standards of cannabis care from nursery to lab to shelf, will host a conference call on Thursday, August 29 at 5:00pm (ET) to review its second-quarter 2019 financial results, which will be released earlier that day.
Aug 22, 2019 09:00 am ET
Cansortium, Inc. Second Quarter Financial Results and Conference Call Scheduled for August 29
MIAMI, Aug. 22, 2019 /PRNewswire/ - Cansortium Inc. (CSE:TIUM) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a leading Florida-based medical cannabis company operating under the Fluent™ Cannabis Care brand (formerly Knox Medical) and with a mission to deliver the highest standards of cannabis care from nursery to lab to shelf, will host a conference call on Thursday, August 29 at 5:00pm (ET) to review its second-quarter 2019 financial results, which will be released earlier that day.
Aug 21, 2019 09:00 am ET
Cansortium Commences Trading on OTCQB Venture Market, Bringing Increased Visibility and Enhanced Liquidity
MIAMI, FL, Aug. 21, 2019 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM) (OTCQB: CNTMF), a vertically-integrated, global provider of premium-quality medical cannabis operating under the Fluent™ brand, announced today that it will begin trading today on the OTCQB Venture Market under the ticker "CNTMF".  This is an upgrade from the Company's previous classification on the Pink Open Market.
Aug 21, 2019 09:00 am ET
Cansortium Commences Trading on OTCQB Venture Market, Bringing Increased Visibility and Enhanced Liquidity
MIAMI, FL, Aug. 21, 2019 /PRNewswire/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM) (OTCQB: CNTMF), a vertically-integrated, global provider of premium-quality medical cannabis operating under the Fluent™ brand, announced today that it will begin trading today on the OTCQB Venture Market under the ticker "CNTMF".  This is an upgrade from the Company's previous classification on the Pink Open Market.