22:18:23 EDT Thu 23 Jul 2026
Enter Symbol
or Name
USA
CA



Fluent Corp
Symbol FNT
Shares Issued 612,759,992
Close 2026-07-23 U$ 0.02
Market Cap U$ 12,255,200
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Fluent enters definitive agreement to sell N.Y. licence

2026-07-23 16:51 ET - News Release

Mr. Matt Mundy reports

FLUENT ANNOUNCES DEFINITIVE AGREEMENT TO SELL NEW YORK LICENSE AND CERTAIN OPERATIONS

Fluent Corp. has entered into a definitive agreement, with a third party operator (the purchaser), pursuant to which, among other things, the purchaser will acquire Etain LLC, the company's operating entity in New York. The purchase agreement was entered into on July 22, 2026. The transaction contemplates the sale of Etain's registered organization licence, certain of the company's New York operating assets and associated leases in New York in exchange for cash consideration, subject to customary purchase price adjustments.

The company believes the transaction advances its strategic objectives and expects that the transaction will support the satisfaction of applicable regulatory requirements in connection with the company's previously announced plan of arrangement involving Vireo Growth Inc., while providing for an orderly transition of the New York operations to an experienced operator committed to serving patients and consumers.

Completion of the arm's-length transaction remains subject to closing conditions, including, among other customary conditions, approval of the change of ownership by the New York State Cannabis Control Board and that all conditions precedent to the completion of the arrangement have been obtained.

About Fluent Corp.

Fluent, a national cannabis consumer packaged goods company and retailer, is dedicated to being one of the highest-quality cannabis companies for the communities it serves. This is driven by Fluent's unrelenting commitment to operational excellence in cultivation, production, distribution and retail experience. Fluent produces an assortment of cannabis products under a diverse portfolio of brands including MOODS, Knack, Wandr, Bag-O and Hyer Kind. Fluent operates in Florida, New York and Texas.

Headquartered in Tampa, Fla., Fluent employs approximately 500 employees across seven cultivation and manufacturing facilities, 34 active retail locations.

Fluent's common shares trade on the Canadian Securities Exchange under the symbol FNT.U and on the OTCQB Venture Market under the symbol CNTMF.

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