May 16, 2024 — Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated cannabis company operating under the FLUENT™ brand, announces that Jeffrey Batliner has tendered his resignation as Chief Financial Officer (“CFO”) of the Company effective May 13, 2024. The Company is also pleased to announce that Patricia Fonseca has been re-appointed as the CFO of the Company effective immediately. Ms. Fonseca has previously served as the CFO of the Company from March 9, 2021 to November 21, 2022.

The Company and its board of directors would like to thank Mr. Batliner for his contributions and wishes him every success in his future endeavours.

About Cansortium Inc.

Cansortium is a vertically-integrated cannabis company with licenses and operations in Florida, Pennsylvania, Michigan 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, Florida.

Cansortium Inc.’s common shares trade on the CSE under the symbol “TIUM.U” and on the OTCQX Best Market under the symbol “CNTMF”. For more information about the Company, please visit www.getfluent.com.