Cansortium (TSE:TIUM.U) has released an update.
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Cansortium Inc. has announced a 12% increase in its second quarter revenue for 2024, reaching $27.3 million, marking its 11th consecutive quarter of positive cash flow from operations. The company, operating as FLUENT, continues to focus on growth, reporting improved manufacturing efficiencies in Florida, and is preparing for a promising business combination with RIV Capital set to close in Q4 2024.
For further insights into TSE:TIUM.U stock, check out TipRanks’ Stock Analysis page.
