TAMPA, Fla., Dec. 31, 2025 (GLOBE NEWSWIRE) -- FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), today announced that it has completed the sale of its Pennsylvania operations to HIVE Holdings, Inc., effective December 31, 2025 for US$12.5 million in cash. The proceeds from the transaction were used to reduce FLUENT’s outstanding debt, which is expected to meaningfully enhance its balance sheet, allowing the Company to further concentrate capital and operational resources on its core grow ...

Schedule III action affirms medical legitimacy and advances a more regulated national cannabis marketTAMPA, Fla., Dec. 18, 2025 (GLOBE NEWSWIRE) -- FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), today applauds the historic federal action directing the rescheduling of cannabis from Schedule I to Schedule III under the Controlled Substances Act, a landmark policy shift that formally recognizes cannabis’s accepted medical use and represents a critical step toward a more rational and regu ...

Core Points - FLUENT Corp. has opened a new 2,800 sq ft dispensary in Brandon, Florida, with a grand opening celebration scheduled for November 22, 2025, as part of its strategy to expand in high-demand markets [1][3] - The new location aims to enhance service delivery and operational performance, focusing on high-performing markets to ensure stronger returns [3] - FLUENT plans to open additional dispensaries in Orlando Sand Lake in December and Palm Bay in Q1 2026, increasing its total locations to 39 nationwide [4] Company Overview - FLUENT is a national cannabis consumer packaged goods company and retailer, committed to operational excellence in cultivation, production, distribution, and retail experience [5] - The company operates in Florida, New York, Pennsylvania, and Texas, employing 700 staff across 8 cultivation and manufacturing facilities and 37 active retail locations [5] - FLUENT offers a diverse portfolio of cannabis products under various brands, including MOODS, Knack, Wandr, Bag-O, and Hyer Kind [5] Grand Opening Details - The grand opening event will feature a ribbon cutting, food truck, doorbuster promotions, giveaways, brand education, special pricing, and a telehealth office for medical card consultations [3] - The dispensary will operate daily from 9:00 a.m. to 8:30 p.m., providing a drive-thru for convenient service and self-ordering kiosks [4]

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]