News from: US Farm Bill, Fluent Cannabis, Massachusetts and more. The Daily Hit is a recap of the top financial news stories for Thursday, December 19, 2024. On the Site Farm Bill extension leaves hemp industry rules intact for now, including intoxicating products The farm bill extension would run through March 2025. Read more here. […]
Florida-based Cansortium (CSE: TIUM.U) (OTCQB: CNTMF), which does business as Fluent, has finalized its megamerger with New York-based RIV Capital, (CSE: RIV) (OTC: CNPOF), creating a new multistate operator that has a footprint in four states with 42 operational dispensaries. The move gives Cansortium immediate access to New York, one of the fastest-growing legal marijuana […]
In a state once seen as America’s most promising medical marijuana market, Florida cannabis operators are now grappling with plummeting prices and slowing sales despite an aggressive push to open new dispensaries — and the scene is about to transform as regulators nearly double the number of licensed operators. Prices fell 30% in the fourth […]
Fluent, a subsidiary of Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF), has grand plans for expansion, but the potential for adult-use legalization in Florida isn’t the key driver, according to CEO Robert Beasley. The Tampa-based cannabis company, with is currently the sixth-largest operator in the state by milligrams of THC sold, will increase its growing capacity […]
RIV Capital, under the brand name Etain, can open three co-located stores in the state selling both medical and adult-use products. RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) announced an operational update highlighting the company’s recent achievements ahead of its previously announced business combination with Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) also known as Fluent. Riv […]
