Cansortium, a vertically-integrated, multi-state cannabis company operating under the FLUENT brand, announced that it is changing its corporate name to "FLUENT Corp." Concurrent with the name change, the company's common shares will trade on the Canadian Securities Exchange (CSE) under the new symbol "FNT" and "CNTMF" on the OTC Markets. The FLUENT Shares are expected to begin trading on the CSE under the new name and trading symbol on or about February 10, 2025. The company anticipates that it will change its trading symbol on the OTCQB in the near future.
"The FLUENT name has long been a core component of our operating brand in our home market of Florida, and this move will officially align our corporate identity to our operational footprint as we embark on this next exciting phase for our Company," said Fluent CEO Robert Beasley. "Following the completion of our transformative transaction with RIV Capital Inc., we are thrilled to unite our teams under this new banner as one of the most well-positioned cannabis operators in the industry. We look forward to working together to build on our recent successes and drive long-term value for our shareholders."
The company anticipates no interruptions to its trading activities as part of this change. Shareholders are not required to take any action concerning the name and ticker symbol change, which will be automatically updated on all relevant trading platforms. The company's shareholders approved the name change at the annual and special meeting of shareholders held on July 21, 2022.
Following completion of the transaction with RIV Capital Inc., the company is also announcing that its board of directors and committees of the board have been reconstituted to include the following individuals:
Board of Directors: Robert Beasley, William Smith, Mark Eckenrode, Christoher Hagedorn, Dawn Sweeney, Richard Mavrinac and Roger Daher.
Audit Committee: Mark Eckenrode (Chair), Richard Mavrinac and Roger Daher
Governance and Compensation Committee: Dawn Sweeney (Chair), Chris Hagedorn and William Smith.
