Streetbeat News

CNTMF

Cansortium Inc

Industry

Medicinal and Botanical Manufacturing

Open

0.08

Mkt cap

22M

Volume

6.3K

High

0.08

P/E Ratio

-1.10

52-wk high

0.29

Low

0.08

Div yield

N/A

52-wk low

0.06

Cansortium Inc., operating under the FLUENT brand, has launched Bag-O, a new value-focused cannabis product line for Florida medical marijuana patients.

Portfolio Pulse from

January 07, 2025 | 4:00 pm

Chicago Atlantic has closed a $96.5 million funding commitment to Cansortium Inc., one of the largest fundings to a cannabis company in 2024.

Portfolio Pulse from

December 16, 2024 | 3:45 pm

Cansortium Inc. reported its Q3 2024 financial results, showing a 3.5% increase in revenue to $26.1 million, $7.5 million in adjusted EBITDA with a 29% margin, and $9.6 million in positive cash flow from operations.

Portfolio Pulse from

November 29, 2024 | 9:15 pm

Green Thumb Industries received $23 million in principal and 13% accrued interest from a loan to Cansortium, boosting its cash balance.

Portfolio Pulse from

November 27, 2024 | 12:15 pm

Cansortium Inc. has secured a new senior credit agreement worth up to $96.5 million with Chicago Atlantic, ahead of its planned business combination with RIV Capital. The agreement has a 12% cash interest rate and 1% PIK interest, maturing in 2028.

Portfolio Pulse from

November 26, 2024 | 9:45 pm

Microsoft shares rise as the company reports better-than-expected Q1 2025 GAAP EPS and sales.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:05 pm

On October 29, 2024, several cannabis-related stocks experienced significant price movements. Currenc Group (NASDAQ:CURR) and Encompass Health (NYSE:EHC) were among the gainers, while Eastside Distilling (NASDAQ:EAST), 22nd Century Group (NASDAQ:XXII), Cara Therapeutics (NASDAQ:CARA), Greenlane Holdings (NASDAQ:GNLN), and Urban-gro (NASDAQ:UGRO) were among the losers.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 8:30 pm

The article reports on the stock movements of various marijuana-related companies on October 23, 2024. Notable gainers include Leafbuyer Techs and 4Front Ventures, while significant losers include CordovaCann and Greenlane Holdings.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 8:30 pm

On October 22, 2024, several marijuana stocks experienced significant price movements. Notable gainers included CLS Holdings USA, SOL Global Investments, and Canopy Growth, while Radiko Holdings and Body and Mind were among the biggest losers. The article highlights the volatility in the marijuana sector.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 8:31 pm

On October 22, 2024, several cannabis stocks experienced significant price movements. Notable gainers included CLS Holdings USA, SOL Global Investments, and Canopy Growth, while Radiko Holdings and Body and Mind were among the biggest losers.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 8:30 pm

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