TAMPA, Fla., Dec. 19, 2024 (GLOBE NEWSWIRE) — Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, and RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) (“RIV Capital”), a vertically integrated cannabis company operating the Etain™ brand in New York, are pleased to announce the completion of the previously announced arrangement with RIV Capital (the “Transaction”), whereby FLUENT acquired all of the issued and outstanding Class A common shares (the “RIV Capital Shares”) of RIV Capital in exchange for FLUENT Shares (as defined below) pursuant to the terms of an arrangement agreement dated May 30, 2024 (as amended, the “Arrangement Agreement”).