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HURRICANE IAN UPDATES

CLOSED: FRUITLAND PARK, ORLANDO, EAST ORLANDO, CASSELBERRY, MELBOURNE, LAKELAND, FORT MYERS, CAPE CORAL, CLEARWATER, NEW PORT RICHEY, ST.PETERSBURG, and TAMPA.
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Q3 EBITDA Outperformance Despite FL Pricing Pressure

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Q3 EBITDA Outperformance Despite FL Pricing Pressure

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