Grand Opening Celebration will be Saturday, November 22, 2025TAMPA, Fla., Nov. 19, 2025 (GLOBE NEWSWIRE) -- FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), today announced that its new 2,800 sq ft Brandon, FL dispensary is now open for patients, with a grand opening celebration set for Saturday, November 22, 2025. The new store opening reflects FLUENT’s ongoing strategy to expand in high-demand markets and optimize its retail footprint to better serve patients and drive sustainable gro ...

Core Insights - FLUENT Corp. has successfully completed its first series of harvests at its new indoor cultivation facility, Rosa, in Florida, marking a significant operational milestone for the company [1][2][5] Production Capacity - The Rosa facility will increase FLUENT's premium indoor flower canopy by approximately 25%, enhancing the company's production capacity and quality of flower offerings in Florida [2][6] - The inaugural harvest yielded 400 pounds of flower, with over 70% consisting of large and medium premium buds, indicating a focus on optimizing future outcomes [4][5] Operational Excellence - The new facility features advanced environmental controls, standardized nutrient protocols, and post-harvest analytics to monitor and optimize yield and quality in real time, supporting the company's commitment to operational excellence [5][6] - The product from the Rosa facility will primarily support FLUENT's KNACK brand, supplying premium whole flower and pre-rolls for the Florida market [5] Strategic Importance - The addition of Rosa strengthens FLUENT's statewide production network and reinforces its commitment to sustainable growth and delivering high-quality cannabis experiences to patients across Florida [6]

Core Insights - FLUENT Corp. announced that David Vautrin, Interim CEO, will speak at the Business of Cannabis: New York Summit on November 6, 2025, in Brooklyn [1] - Vautrin's participation aims to provide insights into the evolving cannabis landscape and strategies for success in New York's market [2][4] Company Overview - FLUENT is a national cannabis consumer packaged goods company and retailer, committed to operational excellence in cultivation, production, distribution, and retail [5] - The company operates in Florida, New York, Pennsylvania, and Texas, employing 700 staff across 8 cultivation and manufacturing facilities and 42 retail locations [5] - FLUENT's product portfolio includes brands such as MOODS, Knack, Wandr, Bag-O, and Hyer Kind, and it has a wholesale division named ENTOURAGE [5] Industry Context - The upcoming summit will focus on strategies for navigating the rapidly changing cannabis market in New York, including challenges like shifting wholesale prices and increasing competition [4] - Vautrin will share insights on adapting to regulatory changes and market volatility while driving sustainable growth [5]

Core Viewpoint - FLUENT Corp. is conducting a non-brokered private placement offering of 3,500,000 common shares at a price of US$0.06 per share, aiming for total gross proceeds of US$210,000, primarily to support working capital and corporate purposes [1][2]. Group 1: Offering Details - The offering is expected to close on September 5, 2025, and involves a related party transaction as the sole subscriber is an insider of the company [3]. - The company is utilizing exemptions from certain requirements under Multilateral Instrument 61-101 due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [3]. - The board of directors has approved the offering, and no material change report was filed 21 days prior to the closing, which the company considers reasonable [3]. Group 2: Leadership and Strategic Direction - David Vautrin, the Interim CEO, expressed confidence in the company's strategic direction and the team's commitment to turnaround initiatives, highlighting the importance of this investment [2]. - The investment by the Interim CEO is intended to reinforce belief in the company's long-term value creation potential [2]. Group 3: Company Overview - FLUENT Corp. is a national cannabis consumer packaged goods company, operating in states such as Florida, New York, Pennsylvania, and Texas, with a focus on operational excellence in cultivation, production, and retail [5]. - The company employs over 700 individuals across 8 cultivation and manufacturing facilities and 42 active retail locations, along with a wholesale division named ENTOURAGE [5]. - FLUENT produces a diverse range of cannabis products under various brands, including MOODS, Knack, Wandr, Bag-O, and Hyer Kind [5].

Core Insights - FLUENT Corp. reported its largest harvest in history from the Rosa cultivation facility, marking a significant operational milestone [1][3] - The company has initiated operations at the Buffalo cultivation facility through an exclusive partnership with Connected Cannabis, aiming to enhance product quality and meet growing demand [1][3] - A new Interim CEO has been appointed to lead the company's strategic and operational turnaround efforts [1][2] Financial Highlights - Q2 2025 revenue was $26.7 million, a slight decrease from $27.3 million in Q2 2024 [7] - Florida revenue specifically dropped to $19.3 million from $23.1 million year-over-year [7] - Gross profit before fair value adjustments was $10.4 million, representing 39% of revenue, down from $13.8 million or 50.5% of revenue in the previous year [7] - Adjusted EBITDA decreased to $3.9 million from $7.7 million, primarily due to lower revenue and increased production costs [7] - As of June 30, 2025, the company had approximately $22.9 million in cash and cash equivalents and $78.1 million in total debt, compared to $8.5 million and $67.5 million respectively a year earlier [7] Operational Highlights - FLUENT operates 42 retail locations and 8 production facilities across Florida, New York, Pennsylvania, and Texas [5] - The Rosa facility's inaugural harvest in August was the largest in the company's history, indicating a strong cultivation platform [3][8] - The Buffalo facility's partnership with Connected Cannabis is expected to enhance indoor cultivation capacity and product quality, with products anticipated to be available by late Q4 2025 [3][8] Strategic Initiatives - The company is focusing on operational excellence, customer-centered approaches, and disciplined cost management as part of its strategic turnaround [2] - A review of the Florida retail network is underway to drive profitable growth [8] - The growth of the ENTOURAGE wholesale division remains a priority to enhance wholesale revenue across the state [15]

Core Viewpoint - FLUENT Corp. announces the resignation of CEO Robert Beasley, effective August 8, 2025, as part of a mutual decision to facilitate a leadership change for the company's strategic priorities [1][2]. Company Overview - FLUENT is a national cannabis consumer packaged goods company and retailer, committed to operational excellence in cultivation, production, distribution, and retail experience [3]. - The company operates in Florida, New York, Pennsylvania, and Texas, employing over 700 staff across 8 cultivation and manufacturing facilities and 42 active retail locations [3]. - FLUENT produces a diverse portfolio of cannabis products under brands such as MOODS, Knack, Wandr, Bag-O, and Hyer Kind [3]. Leadership Transition - William Smith, Executive Chair of the Board, expressed gratitude for Robert Beasley's leadership and contributions, emphasizing the company's readiness for future growth [2]. - David Vautrin, former Chief Commercial Officer, will serve as Interim Chief Executive Officer starting August 8, 2025, while the search for a permanent CEO begins [2].

Core Viewpoint - FLUENT Corp. will issue 2,750,000 common shares to directors in exchange for the cancellation of US$137,500 in director fees for the period of April 1, 2025, to June 30, 2025, at a price of US$0.05 per share [1][2]. Group 1: Share Issuance Details - The Debt Shares issuance is classified as a "related party transaction" under Multilateral Instrument 61-101, with the fair market value deemed reasonable by the directors [2]. - The company will rely on exemptions from valuation and minority shareholder approval requirements as neither the fair market value of the Debt Shares nor the debt exceeds 25% of the company's market capitalization [2]. - The company did not file a material change report more than 21 days before the expected closing due to finalization timing of the debts, aiming to reduce accrued liabilities promptly [3]. Group 2: Company Overview - FLUENT Corp. is a national cannabis consumer packaged goods company operating in Florida, New York, Pennsylvania, and Texas, with a commitment to operational excellence [4]. - The company employs 700 staff across 8 cultivation and manufacturing facilities and operates 42 retail locations, along with a wholesale division servicing third-party retailers [4]. - FLUENT produces a diverse portfolio of cannabis products under various brands, including MOODS, Knack, Wandr, Bag-O, and Hyer Kind [4]. Group 3: Trading Information - FLUENT's common shares are traded on the Canadian Securities Exchange under the symbol "FNT.U" and on the OTCQB Venture Market under "CNTMF" [5].

Company Overview - FLUENT Corp. is a national cannabis consumer packaged goods company and retailer, committed to operational excellence in cultivation, production, distribution, and retail experience [1] - The company operates under the FLUENT™ brand and produces a diverse portfolio of cannabis products, including brands such as MOODS, Knack, Wandr, Bag-O, and Hyer Kind [1] - FLUENT operates in Florida, New York, Pennsylvania, and Texas, with its headquarters in Tampa, Florida [1] - The company employs 700 individuals across 8 cultivation and manufacturing facilities and has 42 active retail locations [1] Shareholder Meeting Results - The annual general and special meeting of shareholders resulted in the approval of all matters presented [1] - Key approvals included the election of seven directors: Robert Beasley, Roger Daher, Mark Eckenrode, Christopher Hagedorn, Richard Mavrinac, William Smith, and Dawn Sweeney [6] - PKF O'Connor Davies LLP was appointed as the auditor of the company [6] - The Hawthorne Collective, Inc. was approved as a new "Control Person" of the company [6]

Core Insights - FLUENT Corp. has completed the first planting at its new Rosa indoor cultivation facility in Tampa, marking a significant step in its 2025 growth strategy and brand-tiering model [1][2] Facility Expansion - The Rosa facility adds 9,200 square feet of high-efficiency indoor canopy, enhancing FLUENT's commitment to premium, hand-trimmed whole flower production [2] - With the first of three cultivation rooms planted with approximately 1,500 high-THC plants across eight genetics, FLUENT aims to strengthen its supply of high-performing products in Florida's medical market [2] Cultivation Footprint - The Rosa build-out expands FLUENT's total Florida cultivation footprint to 103,000 square feet, consisting of 45,000 square feet of indoor capacity and 58,000 square feet of greenhouse operations [3] - This expansion provides flexible, tiered product output aligned with brand positioning and evolving patient preferences [3] Strategic Focus - The Rosa facility enhances FLUENT's ability to control quality and meet demand with precision as it scales in Florida, reflecting a focus on operational discipline and consistent product excellence [4] - All products grown at Rosa will be sold exclusively through FLUENT's Florida retail network, supporting a multi-tiered brand strategy that includes value-tier Bag-O, mid-tier KNACK, and an upcoming top-tier brand [4] Company Overview - FLUENT Corp. is a national cannabis consumer packaged goods company and retailer, dedicated to operational excellence in cultivation, production, distribution, and retail experience [6] - The company operates in Florida, New York, Pennsylvania, and Texas, employing over 700 employees across 8 cultivation and manufacturing facilities and 42 active retail locations [6]

Core Points - FLUENT Corp. will report its financial results for the first quarter ended March 31, 2025, on May 29, 2025 [1] - A conference call and live audio webcast will be held to discuss the financial results and key business highlights [2] Conference Call Details - The conference call is scheduled for May 29, 2025, at 4:30 p.m. Eastern Time [3] - Participants can join via a toll-free number or an international dial-in number [3] - The call will be available for replay on FLUENT's investor relations website [4] Company Overview - FLUENT Corp. is a national cannabis consumer packaged goods company and retailer, focusing on operational excellence in cultivation, production, distribution, and retail [5] - The company operates in Florida, New York, Pennsylvania, and Texas, employing over 700 staff across 8 cultivation and manufacturing facilities and 42 retail locations [5] - FLUENT produces a variety of cannabis products under brands such as MOODS, Knack, Wandr, Bag-O, and Hyer Kind [5]