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About Fluent Corp (CNTMF)
Fluent Corp (formerly Cansortium Inc.) is a vertically integrated, multi-state cannabis company operating under the renowned FLUENT™ brand. Headquartered in Tampa, Florida, Fluent Corp is dedicated to delivering high-quality cannabis products through its comprehensive value chain, which spans cultivation, production, distribution, and retail. With licenses and operations in Florida, Pennsylvania, Texas, and New York, the company caters to both medical marijuana patients and adult-use consumers, offering a diverse portfolio of premium cannabis products tailored to meet varying needs and preferences.
Core Operations and Business Model
Fluent Corp’s vertically integrated model ensures strict quality control at every stage of its operations. The company oversees the cultivation of cannabis in state-of-the-art facilities, utilizing advanced techniques to optimize product quality and yield. This is followed by in-house production processes that focus on creating a wide range of cannabis products, including flower, concentrates, edibles, tinctures, and cartridges. Fluent’s retail network, which includes dispensaries operating under the FLUENT™ brand, provides a welcoming environment with knowledgeable staff to guide customers in selecting the best products for their needs. Additionally, the company leverages online ordering and express pickup services to enhance customer convenience.
Market Presence and Expansion
Fluent Corp has established a strong foothold in key markets, particularly in Florida, where it operates an extensive network of dispensaries. The company continues to expand its reach, with plans to open new locations and introduce innovative product lines. Recent initiatives include the launch of the Hyer Kind concentrates brand, the MOODS product line tailored to specific experiences, and the KNACK flower brand, which emphasizes locally grown, high-quality cannabis. Fluent’s commitment to scalability is further demonstrated by its strategic business combination with RIV Capital Inc., positioning it as a significant player in the evolving U.S. cannabis industry.
Commitment to Quality and Innovation
Fluent Corp is driven by an unwavering commitment to operational excellence and innovation. The company employs cutting-edge cultivation and extraction techniques to produce premium cannabis products that prioritize flavor, potency, and accessibility. Its product portfolio is designed to cater to a wide range of consumer preferences, from medical patients seeking therapeutic benefits to recreational users exploring curated cannabis experiences. By continuously expanding its offerings and introducing new formats, Fluent ensures it remains at the forefront of industry trends.
Regulatory and Industry Context
Operating within the highly regulated U.S. cannabis market, Fluent Corp navigates complex state and federal laws to deliver compliant and reliable products. While cannabis remains a Schedule I substance under federal law, the company’s adherence to state regulations and its focus on medical and adult-use markets position it as a trusted operator. Fluent’s proactive approach to compliance, coupled with its strategic partnerships and acquisitions, enables it to adapt to evolving regulatory landscapes while driving growth and profitability.
Strategic Vision
Fluent Corp’s strategic vision is centered on becoming a leading multi-state cannabis operator with a strong brand portfolio and a commitment to community engagement. The company’s recent rebranding and corporate name change reflect its alignment with its operational footprint and growth ambitions. Fluent continues to invest in its infrastructure, expand its retail presence, and enhance its product offerings to meet the needs of a diverse customer base. By prioritizing quality, innovation, and customer experience, Fluent aims to build long-term value for its stakeholders.
Cansortium Inc. (CSE: TIUM.U, OTCQX: CNTMF), a multi-state cannabis company operating under the Fluent™ brand, will host a conference call on May 1, 2023, at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2022. A press release detailing these results will be issued before the call. Interested parties can email questions to investors@cansortiuminc.com. The call can be accessed via toll-free and international numbers provided, along with a conference ID. A replay will also be available on Cansortium's investor relations website.
Cansortium operates in Florida, Pennsylvania, and Texas, focusing on operational excellence in cultivation, production, distribution, and retail.
Cansortium, operating under the Fluent brand, announces the grand opening of its 30th Florida medical cannabis dispensary at 763 Atlantic Blvd, Jacksonville, on March 17, 2023. This location aims to enhance patient access, as Jacksonville has shown strong patient retention rates in existing stores. Furthermore, Cansortium plans to expand with a fourth Jacksonville location later this year. The new dispensary, occupying 2,585 sq. ft., will offer a full range of cannabis products and features an online ordering system for convenient pick-up. During the opening weekend, all products will be available at a 50% discount, attracting new customers.
Cansortium Inc. (OTCQX: CNTMF) announced the appointment of Jeffrey Batliner as the new Chief Financial Officer, effective March 14, 2023, succeeding Liora Boudin. Batliner brings over 25 years of financial expertise, having previously served as CFO at Unrivaled Brands, where he successfully managed acquisition integrations and cash flow. CEO Robert Beasley expressed confidence in Batliner's ability to lead the company's financial operations and support growth objectives. Cansortium operates under the Fluent™ brand, with a commitment to operational excellence in the cannabis industry across Florida, Pennsylvania, and Texas.
Cansortium Inc. (OTCQX: CNTMF) has successfully completed a non-brokered private placement, raising US$3 million by issuing 30 million units at US$0.10 each on
Cansortium Inc. (OTCQX: CNTMF) has partnered with Origins TK Selects to enhance its cannabis genetic offerings in Florida. The collaboration will initially provide patients with Origins OG Kush and Origins Triangle Kush, launched at 29 Fluent dispensaries starting February 25, 2023. This partnership aims to broaden access to high-quality cannabis strains through Fluent's legacy growers, Freedom Town Holdings. Additionally, select Fluent locations will showcase TK's artwork, enriching the consumer experience in the Sunshine State. Cansortium operates in multiple states, focusing on operational excellence in cannabis cultivation and retail.
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