Cansortium Cuts Loss YoY, Reports 14% Increase In Q1 Revenue Driven By Florida Cannabis Sales Ahead Of Merger With RIV Capital
Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) a vertically-integrated, multi-state cannabis company operating under the FLUENT brand, announced on Thursday financial and operating results for the first quarter ended March 31, 2024."We delivered another quarter of year-over-year revenue growth and positive cash flow generation during the first quarter as we continued to execute on our growth objectives," CEO Robert Beasley said. "We are making the critical investments needed to lay the foundation for growth and support our future plans and remain excited about the opportunities ahead."
