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Cannabis-Focused RIV Capital Reports 186% YoY Surge In Q3 Revenue Ahead Of Major Merger That Will Cover 25% Of US Population
Friday, November 29, 2024 - 10:26am | 587RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) reported on Friday its third quarter results for the three months ended Sept. 30, revealing a 28% sequential, and 186% year-over-year, increase in net revenue to $4.9 million. Out of that sum, retail revenue accounted for $3.4 million, up from $1.5 million in...
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Cannabis Co. Cansortium Refinances Debt With $96.5M Loan Ahead Of Major Merger And Next Phase Of Growth
Wednesday, November 27, 2024 - 10:42am | 664Cansortium Inc. (CSE:TIUM) (OTCQB:CNTMF) announced on Tuesday that it has secured a new senior secured credit agreement of up to $96.5 million with Chicago Atlantic Admin, LLC, as an administrative agent for certain lenders. The Tampa, Florida-based vertically integrated cannabis company operating...
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FLUENT Launches New Cannabis Concentrates Line For Medical Marijuana Patients In Florida
Thursday, November 21, 2024 - 9:39am | 529Vertically integrated cannabis company Cansortium Inc. (CSE:TIUM) (OTCQB:CNTMF), operating under the FLUENT brand, launched the cannabis concentrate line, Hyer Kind. The Tampa-based multi-state operator notes that the new product is exclusively available at all FLUENT dispensaries across Florida....
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EXCLUSIVE: Why Loyalty Programs, Not Discounts, Are The Future Of Cannabis Retail
Wednesday, October 9, 2024 - 5:34pm | 794“Discounts will hurt your margins, but loyalty points won't," said Lisa Williams, founder of The Toke Agency, at Benzinga’s Cannabis Capital Conference on Oct. 9. Williams was one of several experts discussing how cannabis retailers can use data to not only improve margins but also...
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RIV Capital's 111% Revenue Surge Amid NY Expansion, Prepares For Major Merger With Cansortium Cannabis Co.
Wednesday, August 28, 2024 - 10:14am | 634RIV Capital Inc. (CSE:RIV) (OTC:CNPOF) reported on Wednesday financial results for the second quarter, a three-month period ended June 30, 2024. Mike Totzke, the company's COO and interim CEO, praised "ongoing success of our adult-use operations rollout" in New York during the quarter. “The...
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Florida Cannabis Operator Cansortium Posts 12% Revenue Surge, Prepares For Big Merger Amid Heated Price War
Friday, August 23, 2024 - 9:19am | 744Cansortium Inc.(CSE:TIUM) (OTCQB:CNTMF), operating under the FLUENT brand, reported Thursday its financial results for the second quarter ended June 30, 2023. The Tampa, Florida-based cannabis operator disclosed a 12% revenue increase to $27.3 million, compared to $24.4 million in the same quarter...
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Cansortium Cuts Loss YoY, Reports 14% Increase In Q1 Revenue Driven By Florida Cannabis Sales Ahead Of Merger With RIV Capital
Friday, May 31, 2024 - 11:34am | 548Cansortium Inc. (CSE:TIUM) (OTCQB:CNTMF) a vertically-integrated, multi-state cannabis company operating under the FLUENT brand, announced its financial and operating results Thursday for the first quarter ended March 31, 2024. "We delivered another quarter of year-over-year revenue growth and...
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Seamless Cannabis E-Commerce Prepayments With CanPay's RemotePay Integration
Thursday, March 14, 2024 - 2:35pm | 633CanPay, a cannabis industry payment network, has introduced an innovative e-commerce payment integration looking to redefine the way consumers prepay for cannabis purchases online. RemotePay seeks to bring consumers and merchants closer to a traditional retail experience. Enhanced Online Prepayment...
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This Cannabis Company Reports Robust Growth, Revenue Up 14% To $25.3M, Florida Sales Surge 17%
Wednesday, November 29, 2023 - 6:10pm | 627Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF), a vertically-integrated, multi-state cannabis company operating under the FLUENT brand announced financial and operating results for the third quarter ended September 30, 2023. “We generated record revenue and cash flow generation during the...
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Cannabis Industry Changes As Marijuana Rescheduling Looms
Friday, September 15, 2023 - 9:02am | 1284As the Benzinga Cannabis Capital Conference returns to Chicago this Sept 27-28 for its 17th edition, gathering top CEOs, investors and leaders in the cannabis industry, let's scroll through the top leadership changes over the past few weeks. Three Cannabis Firms Strengthen Their Boards...
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Vertical Integration Pays Off For This Cannabis Company In Q2 2023, Here's Why
Tuesday, August 29, 2023 - 12:35pm | 700Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF), a vertically-integrated, multi-state cannabis company operating under the FLUENT brand, announced on Monday financial and operating results for the second quarter ended June 30, 2023. "We continued to drive revenue growth and cash flow generation...
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EXCLUSIVE: FLUENT Launches Cannabis-Infused Dairy-Free Dark Chocolate Bar In Florida
Wednesday, May 24, 2023 - 6:59am | 504FLUENT, a leading multi-state cannabis company, has exclusively announced the launch of its cannabis-infused Dark Chocolate Bar in Florida. "Infused chocolate is an exciting new direction for FLUENT that I know our patients will love. Chocolate is therapeutic on its own, making it an excellent...
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NYC Gets Luxury Concept Cannabis Store And More New Shops Where You Can Buy Legal Weed
Friday, May 12, 2023 - 9:53am | 536New Gotham Store In Downtown NYC Gotham, an artfully curated cannabis concept store, opened a new store on Thursday in the Bowery. The two-story retail and gallery space designed by Cinema Vitae features Gotham-branded products, premium cannabis, fashion and lifestyle brands, as well as...
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Exclusive: Medical Marijuana Patients In Pensacola, FL, Get One More Dispensary To Meet Their Needs
Thursday, May 11, 2023 - 6:04am | 391Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF), a multi-state cannabis operator running under the FLUENT brand, announced the grand opening of its 31st medical cannabis dispensary in Florida and 34th retail location nationwide. The new dispensary will carry the company’s full house of brands,...
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Here's Where To Buy Legal Weed: Dozens Of New Stores Open In NY, Michigan, Florida
Monday, March 27, 2023 - 12:14pm | 899What Does New York Have To Offer? On Sunday, New York Gov. Kathy Hochul announced the opening of the first store selling recreational cannabis in the Capital Region, reported The Record. As part of New York State's Seeding Opportunity Initiative and the state's equity goals in cannabis...