00:02:02 EDT Wed 15 May 2024
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Cansortium Inc
Symbol TIUM
Shares Issued 270,236,670
Close 2023-05-26 U$ 0.08
Market Cap U$ 21,618,934
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Cansortium sees Texas Senate shoot down cannabis bills

2023-05-26 11:19 ET - News Release

Mr. Robert Beasley reports

FLUENT ISSUES STATEMENT ON FAILED CANNABIS BILLS IN TEXAS

Cansortium Inc., operating under the Fluent brand, has issued a statement on the two failed cannabis bills in Texas, United States.

Commenting on the recent failed legislation, Kristopher Kem, president of Fluent Cannabis Care Texas, said: "While we are ultimately disappointed in the Texas Senate's failure to take action to decriminalize cannabis and expand the state's medical cannabis program, we commend Texas Rep. Joe Moody, Rep. Stephanie Klick, and their respective authors and cosponsors of House Bill 218 and House Bill 1805 for their continued work to enact meaningful legislation on cannabis reform.

"As of October of last year, Texas ranked No. 1 in the U.S. for most cannabis possession arrests. For decades, cannabis prohibition has funnelled thousands of Texans into the criminal justice system. With more than 80 per cent of Texans supporting the decriminalization of cannabis and the legalization of medical cannabis in the state, we must continue to call on our elected leaders to act on the will of their constituents and right the wrongs of the past.

"At Fluent, we believe in broadening access to medical cannabis. We are currently expanding our delivery capabilities to support patient populations in Houston and Austin, because we believe that Texans -- and all Americans -- deserve access to safe, tested medical cannabis.

"While we're disappointed in this legislative outcome, we're here to support the people of Texas and look forward to growing our operations and presence in the state."

About Cansortium Inc.

Cansortium is a vertically integrated cannabis company with licences and operations in Florida, Pennsylvania and Texas. The company operates under the Fluent brand and is dedicated to being one of the highest-quality cannabis companies for the communities it serves. This is driven by Cansortium's unrelenting commitment to operational excellence in cultivation, production, distribution and retail. The company is headquartered in Tampa, Fla.

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