Cansortium(US OTC: CNTMF: $0.77):Q3 EBITDA Outperformance Despite FL Pricing Pressure; Remains on Track to Scale CapacityCansortium reported Q3/21 results of $16M in revenues and $4.9M adjusted EBITDA. Revenues came in modestly below our forecastof $18M while adjusted EBITDA exceeded our estimate of $3.9M on higher than anticipated gross margins on achieved operational efficiencies

Disruptions in the supply chain have been making headlines in recent months as businesses that rely on shipments from overseas and even domestic trucking find they can’t get the materials they need. Florida-based Fluent, a vertically integrated multistate operator, ordered growing benches from Holland in June. The company is still waiting, CEO Robert Beasley said.

Robert Beasley is the CEO at Fluent by Cansortium Inc., a premier vertically integrated cannabis MSO offering premium flower, concentrates, edibles and more in the Florida, Pennsylvania, and Texas regulated cannabis markets.

Fluent CEO, Robert Beasley, discusses what’s happening at the company, the current state of the market in Florida, and what federal legislation might mean for the state’s cannabis market on the Karma Koala Podcast episode 41 with Heather.

Fluent opened a location on Sept. 16 at 3460 US-27 in Fruitland Park, the city’s first medical marijuana dispensary and the county’s sixth. Fluent now has four sites in metro Orlando and 27 in the state. Its other metro Orlando locations include 1901 N. Orange Ave. in Orlando, 10607 E. Colonial Drive in Orlando and 487 State Road 436 in Casselberry.

Fluent by Cansortium Inc., a vertically integrated cannabis company operating under the Fluent brand, recently opened Fluent Fruitland Park, its 27th retail location in Florida, just a month after launching operations at its new 43,000 square-foot greenhouse cultivation facility in Homestead. The new dispensary is located at 3460 US-27, in the vicinity of the largest retirement community in the United States—The Villages.