PR Newswire
TAMPA, Fla., Sept. 6, 2024 /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 865,382 common shares of the Company ("Debt Shares") to certain of its directors in exchange for the cancellation of US$112,500 of director fees owing for the period of April 1, 2024 to June 30, 2024, which was previously approved by the board of directors of the Company. 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 30, 2024, being US$0.13, in accordance with the policies of the CSE. In addition, each of the directors of the Company have agreed to be paid the fees owing to them for the period of October 1, 2024 to December 31, 2024 in common shares of the Company at a price per share equal to the closing market price of the common shares as listed on the CSE on December 31, 2024, in accordance with the policies of the CSE.
TAMPA, Fla., Sept. 6, 2024 /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 865,382 common shares of the Company ("Debt Shares") to certain of its directors in exchange for the cancellation of US$112,500 of director fees owing for the period of April 1, 2024 to June 30, 2024, which was previously approved by the board of directors of the Company. 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 30, 2024, being US$0.13, in accordance with the policies of the CSE. In addition, each of the directors of the Company have agreed to be paid the fees owing to them for the period of October 1, 2024 to December 31, 2024 in common shares of the Company at a price per share equal to the closing market price of the common shares as listed on the CSE on December 31, 2024, in accordance with the policies of the CSE.
- Q2 Revenue up 12% YoY to a record $27.3 Million- 11th Consecutive Quarter of Positive Cash Flow from Operations
TAMPA, Fla., Aug. 22, 2024 /CNW/ - 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 quarter ended June 30, 2024. Unless otherwise indicated, all financial results are presented in U.S. dollars.
- Q2 Revenue up 12% YoY to a record $27.3 Million- 11th Consecutive Quarter of Positive Cash Flow from Operations
TAMPA, Fla., Aug. 22, 2024 /PRNewswire/ - 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 quarter ended June 30, 2024. Unless otherwise indicated, all financial results are presented in U.S. dollars.
"We delivered another quarter of year-over-year revenue growth and positive cash flow generation during the second quarter as we continued to execute on our growth objectives," said CEO Robert Beasley. "We continue to lay the foundation for growth and scalability while remaining excited about the opportunities ahead."
TAMPA, Fla., Aug. 15, 2024 /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, 2024. The company will issue a press release with its results prior to the call.
Cansortium management will host the conference call, followed by a question-and-answer period.
Date: Thursday, August 22, 2024Time: 4:30 p.m. Eastern timeToll-free dial-in number: 1-844-763-8274International dial-in number: 1-647-484-8814Participants to ask to be joined into the Cansortium Inc. callLink: Cansortium Conference Call
TAMPA, Fla., Aug. 15, 2024 /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, 2024. The company will issue a press release with its results prior to the call.
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