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Off-market insider buying at Cansortium (C:TIUM)

Updated Friday Mar 03, 2023 02:59 AM EDT

William Smith, a Director and 10% Holder, acquired 10,000,000 Common Shares on a control or direction basis for registered holder Sage Investing LLC at a price of US$0.100 through a private transaction on February 28th, 2023. The insider also acquired 5,000,000 Warrants on a control or direction basis for registered holder Sage Investing LLC at an exercise price of US$0.150 through a private transaction on February 28th, 2023. This represents a $1,360,900 investment into the company's shares and an account share holdings change of 20.4%.

Cansortium is in the Healthcare Facilities & Services Sub Industry Group under the Healthcare Sector.

Cansortium Inc. is a vertically integrated cannabis company with licenses and operations in Florida, Pennsylvania, and Texas. The Company operates under the private label, Fluent. The Company, through its subsidiaries, is licensed to produce and sell medical cannabis in Florida and Texas and is licensed to sell medical cannabis in Pennsylvania. The Company's medical cannabis products are offered in oral drops, capsules, topicals, syringes, dried flower, pre rolls, cartridges, and edibles. The Company's subsidiaries include Cansortium Holdings LLC, Cansortium Pennsylvania, LLC, Cansortium Puerto Rico, LLC, Cansortium Texas, LLC, Cansortium Canada Holdings Inc., Fluent Servicing, LLC, Cansortium Brazil Ltda., Cansortium Florida, LLC., Spirit Lake Road Nursery, LLC, 16171 Slater Road Investors LLC and Cansortium Michigan LLC. Cansortium Inc. (TIUM) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $1,360,900.

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Go to Cansortium Inc. (TIUM)'s company page

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