Tag : Cansortium

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Fluent by Cansortium Opens New Dispensary in Fruitland Park, Florida

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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. The new dispensary is located at 3460 US-27, Fruitland Park, FL 34731. This location is only 10 miles away......
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Cansortium Opens New Dispensary in Mechanicsburg, Pennsylvania

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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. The new dispensary is located at 6200 Carlisle Pike, Mechanicsburg, PA 17050. This 4,000+ ft2 location is in a small shopping......
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Cansortium Opens New Dispensary in Deerfield Beach, Florida

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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. The new dispensary is located at 622 S. Federal Highway, Deerfield Beach, FL 33441. This location represents......
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Cansortium Announces Results of Annual General and Special Meeting of Shareholders

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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. All matters presented to the Meeting were approved by the Company’s......
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Cansortium Cancels Convertible Notes

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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......
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Cansortium Announces Filing of Supplement to its Management Information Circular and New Annual Meeting Date

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Cansortium Inc. (“Cansortium” or the “Company“) (CSE: TIUM.U), (OTCQB: CNTMF) wishes to announce that its annual general and special meeting of shareholders will be held at 10:00 a.m. (Toronto Time) on June 30, 2021 (the “Meeting“), having been postponed from the initial meeting date of June 16, 2021. The Company, in recognition of comments from certain......
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Cansortium Reports First Quarter 2021 Financial Results

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Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced financial results for the first quarter ended March 31, 2021, as well as recent operational highlights. Unless otherwise indicated, all results are presented in U.S. dollars. “The momentum from last year has......
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Cansortium Redeems US$5 Million of Convertible Notes

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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......
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Cansortium Completes $71 Million Debt Financing

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Cansortium Inc. (“Cansortium” or the “Company”) (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced it has closed a US$71 million Senior Secured Term Loan due April 29, 2025 (the “Term Loan”) with a syndicate led by U.S.-based institutional lenders. The Term Loan will bear interest of 13% annually,......
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Cansortium Announces Second Closing of Private Placement to Complete $17.1 Million Equity Financing

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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......