News Releases

Date Title Additional Formats
06/04/2021 Cansortium Announces Filing of Supplement to its Management Information Circular and New Annual Meeting Date
Shareholders Must Recast their Votes to be Counted MIAMI , June 4, 2021 /CNW/ - 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.
05/28/2021 Cansortium Reports First Quarter 2021 Financial Results
Q1 Revenue up 49% YoY to $15.1 Million ; Adjusted EBITDA up Significantly to $4.4 Million Management to Host Conference Call Today at 4:30 P.M. Eastern Time MIAMI, Fla. , May 28, 2021 /CNW/ -  Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated
05/25/2021 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.
05/07/2021 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
05/06/2021 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
05/03/2021 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        Significant Momentum Carrying Through 2021 with Record Florida Revenue in April Driven by Successful Launch Of New Sweetwater Cultivation Facility Company Expects Robust Revenue and Adjusted EBITDA
04/30/2021 Cansortium Completes $71 Million Debt Financing
Debt Maturities Extended to April 2025 Additional Liquidity Significantly Strengthens Balance Sheet Proceeds to Fund Expansion in Florida , Pennsylvania and Michigan MIAMI , April 30, 2021 /CNW/ - Cansortium Inc. ("Cansortium" or the "Company") (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated
04/09/2021 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" ).
04/05/2021 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 Capital Will Also Fund Improvements to Michigan Cultivation Facility MIAMI , April 5, 2021 /CNW/ - Cansortium Inc.
02/12/2021 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 Leadership Team Hires Patricia Fonseca as Chief Financi
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
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