Cansortium Inc.

Equities

TIUM.U

CA13809L1094

Healthcare Facilities & Services

Market Closed - Canadian Securities Exchange Other stock markets 03:59:52 2024-04-26 pm EDT			5-day change	1st Jan Change
0.16 ^USD	0.00%		-11.11%	+77.78%

Jan. 22	Cansortium Inc. Opens 34th Medical Cannabis Dispensary in Cocoa, Florida	CI
2023	Cansortium Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Cansortium Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 29, 2023 at 06:02 pm EST

Cansortium Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 25.26 million compared to USD 22.1 million a year ago. Net loss was USD 2.76 million compared to USD 5.58 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.02 a year ago. Diluted loss per share was USD 0.01 compared to USD 0.02 a year ago.
For the nine months, sales was USD 71.75 million compared to USD 64.23 million a year ago. Net loss was USD 15.49 million compared to USD 27.73 million a year ago. Basic loss per share was USD 0.05 compared to USD 0.11 a year ago. Diluted loss per share was USD 0.05 compared to USD 0.11 a year ago.

Latest news about Cansortium Inc.

Cansortium Inc. Opens 34th Medical Cannabis Dispensary in Cocoa, Florida	Jan. 22	CI
Cansortium Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 29	CI
Transcript : Cansortium Inc., Q3 2023 Earnings Call, Nov 29, 2023	Nov. 29
Cansortium Seeks M&A	23-08-28	CI
Transcript : Cansortium Inc., Q2 2023 Earnings Call, Aug 28, 2023	23-08-28
Cansortium Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-27	CI
Cansortium Inc. Opens Jacksonville Cassat, a Medical Cannabis Dispensary in Florida	23-08-23	CI
Cansortium Inc. Announces Board Changes	23-07-21	CI
Cansortium Inc. Announces the Opening of Its 32nd Medical Cannabis Dispensary in Florida and 35th Retail Location Nationwide	23-07-13	CI
Cansortium Outlines Shares for Debt Transaction	23-06-02	MT
Transcript : Cansortium Inc., Q1 2023 Earnings Call, May 31, 2023	23-05-31
Cansortium Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-30	CI
Cansortium Inc. Announces the Launch of Its New Cannabis-Infused Dark Chocolate Bar in Florida	23-05-24	CI
Cansortium Inc. Moves U.S. Headquarters to Tampa, Florida	23-05-16	CI
Cansortium Inc. Opens 34Th Nationwide and 31St Medical Cannabis Dispensary in Pensacola, Florida	23-05-11	CI
Transcript : Cansortium Inc., Q4 2022 Earnings Call, May 01, 2023	23-05-01
Cansortium Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-04-30	CI
Cansortium Inc. Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-30	CI
Cansortium Inc. Announces Grand Opening of Its 30Th Medical Cannabis Dispensary in Florida and 33Rd Nationwide, Located At 763 Atlantic Blvd	23-03-15	CI
Cansortium Inc. Names CFO	23-03-14	MT
Cansortium Inc. Announces Chief Financial Officer Changes	23-03-14	CI
Cansortium Inc. announced that it has received $3 million in funding from Sage Investing Ltd and another investor	23-02-27	CI
Cansortium Inc. Announces Grand Opening of 29th Medical Cannabis Dispensary in Pensacola, Florida	23-01-18	CI
Transcript : Cansortium Inc., Q3 2022 Earnings Call, Nov 29, 2022	22-11-29
Cansortium Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-29	CI

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Company Profile

Cansortium Inc. is a vertically integrated cannabis company with licenses and operations in Florida, Pennsylvania and Texas. The Company operates under the private label, Fluent. The Company, through its subsidiaries, is licensed to produce and sell medical cannabis in Florida and Texas and is licensed to sell medical cannabis in Pennsylvania. The Companyâs medical cannabis products are offered in oral drops, capsules, suppositories, topicals, syringes, dried flower, pre-rolls, cartridges and edibles and accessories. The Companyâs subsidiaries include Cansortium Holdings LLC, Cansortium Pennsylvania, LLC, Cansortium Puerto Rico, LLC, Cansortium Texas, LLC, Cansortium Canada Holdings Inc., Fluent Servicing, LLC, Cansortium Florida, LLC., Spirit Lake Road Nursery, LLC, Harvest Park Lot 9 Investors LLC, Fluent Hemp LLC and Cansortium Michigan LLC.

Sector

Healthcare Facilities & Services

Calendar

2024-04-29 - Q4 2023 Earnings Release

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.16 USD

Average target price

0.7 USD

Spread / Average Target

+337.50%

Consensus

Quarterly earnings - Rate of surprise

Company calendar

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