News Releases

Date Title Additional Formats
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
02/02/2021 Clarification of Smith Group Share Ownership
MIAMI , Feb. 2, 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, is issuing this release to clarify its understanding as of December 31, 2020 of the
02/01/2021 Cansortium Announces Second Amendment to Convertible Notes
MIAMI, Fla. , Feb. 1, 2021 /CNW/ -  Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (" Cansortium " or the " Company "), a vertically integrated cannabis company with operations in Florida , Texas, Michigan and Pennsylvania , announces the completion of the amendment to its convertible notes (the "
01/22/2021 Cansortium Announces Shares for Debt Settlement and Issuance of Stock Options
MIAMI , Jan. 22, 2021 /CNW/ - Cansortium Inc. (CSE : TIUM.U) (OTCQB : CNTMF) (" Cansortium " or the " Company "), a vertically integrated cannabis company with operations in Florida , Texas, Michigan and Pennsylvania , announces that it has agreed with certain of its directors and officers to issue
01/21/2021 Cansortium Inc. Appoints CEO Robert Beasley to Board of Directors
Disbands Special Committee and Expands Role of Audit Committee MIAMI , Jan. 21, 2021 /CNW/ -  Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (" Cansortium " or the " Company "), a vertically integrated cannabis company with operations in Florida , Texas, Michigan and Pennsylvania , today announced