FLUENT Corp. Secures Additional US$6 Million Through Amended Credit Agreement

Cansortium ( ($TSE:FNT.U) ) just unveiled an update.

FLUENT Corp., a vertically integrated cannabis company with operations in Florida, New York and Texas, produces a range of branded cannabis products and runs a network of cultivation, manufacturing and retail facilities alongside a wholesale division. The company is listed on the Canadian Securities Exchange and the OTCQB Venture Market, positioning it as a notable player in the regulated U.S. cannabis market.

The company has amended its senior secured credit agreement to draw an additional US$6 million in term loans, bearing a 13% paid-in-kind interest rate and maturing on December 31, 2026. The incremental capital is intended to bolster FLUENT’s balance sheet and will be used for working capital and general corporate purposes, providing added liquidity to support ongoing operations and potential growth across its multi-state platform.

More about Cansortium

FLUENT Corp. is a vertically integrated, multi-state cannabis consumer packaged goods company and retailer focused on cultivation, production, distribution and retail operations. Headquartered in Tampa, it offers branded cannabis products such as MOODS, Knack, Wandr, Bag-O and Hyer Kind, operating cultivation and manufacturing sites, 35 retail locations, and a wholesale arm serving third-party retailers in Florida, New York and Texas.

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