Cansortium Reports Revenue Growth and Expansion Plans

Cansortium (TSE:TIUM.U) has released an update.

Cansortium Inc. reported a 3.5% increase in Q3 2024 revenue, reaching $26.1 million, while maintaining strong cash flow and profitability. The company is expanding its operations in Florida with plans for new store openings and increased cultivation capacity. Additionally, Cansortium is preparing for a business combination with RIV Capital, enhancing its market presence in New York.

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