Tag: cansortium

Florida Medical Cannabis Patient Growth Slows Again

Each week, Florida’s Office of Medical Marijuana Use (OMMU), which is part of the state’s Department of Health, releases data on the program, including an active patient count, a...
- April 14th, 2024 at 7:25 pm

Buy Cannabis Stocks but Not Blindly

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- December 4th, 2022 at 6:19 pm

Cansortium Q1 Revenue Increases 49% to $15.1 Million

Cansortium Reports First Quarter 2021 Financial Results Q1 Revenue up 49% YoY to $15.1 Million; Adjusted EBITDA up Significantly to $4.4 Million Management to Host Conference Call Today at...
- May 28th, 2021 at 4:24 pm

AFC Gamma Lends $15 Million to Cansortium

AFC Gamma Serves as Lead Investor in Cansortium’s $71 Million Senior Secured Credit Facility to Fund Operations in Three States Highlights AFC Gamma’s Presence in the Growing Medical Marijuana...
- May 5th, 2021 at 9:04 am

American Cannabis Operators Index Slips 4% in April

The American Cannabis Operator Index fell for the second straight month after having scored five straight monthly gains, declining 4.1% to 79.66: After gaining 45.7% in 2020, when it ended at...
- May 3rd, 2021 at 7:56 am

Cansortium Borrows $71 Million for Four Years at 13%

Cansortium Completes $71 Million Debt Financing Debt Maturities Extended to April 2025 Additional Liquidity Significantly Strengthens Balance Sheet Proceeds to Fund Expansion in Florida, Pennsylvania and Michigan MIAMI, April...
- April 30th, 2021 at 8:43 am

American Cannabis Operators Index Surges 46% in 2020

The American Cannabis Operator Index moved higher for the third consecutive month in December, advancing 10.0% to 63.05: After ending 2019 at 43.27, the index gained 45.7% in 2020 and has...
- December 31st, 2020 at 4:30 pm

Potential Cannabis Legalization Curve Balls

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- August 30th, 2020 at 11:19 am

Cansortium Q2 Revenue Increases 113% to $13.2 Million

Cansortium Inc. Reports Second Quarter Financial Results Company achieves record revenue, more than doubling last year’s second quarter revenue MIAMI, Aug. 26, 2020 /PRNewswire/ – Cansortium Inc. (CSE:TIUM.U) (OTCQB:...
- August 26th, 2020 at 9:34 am