Cansortium completes merger with RIV Capital, plans to scale up in New York

Thu, Dec 19

Key Points

Cansortium, operating as Fluent, has completed a merger with RIV Capital, creating a new multi-state operator.
The merger provides Cansortium access to New York, expanding its operations to four states with 42 operational dispensaries.
The combined entity aims to strengthen its presence in the cannabis market and enhance its growth prospects.
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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...

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