Fluent merged with RIV Capital in 2024, it goes under the Fluent brand and is active in Florida, Pennsylvania, New York and Texas with delivery in Florida and is 1 of 3 vertical license holders in Texas.
RIV Capital was an acquisition and investment firm focused on building a leading multistate platform with one of the strongest portfolios of brands in key strategic US markets. The company was a spin-off from Canopy Growth and was formerly called Canopy Rivers.
FACILITIES:
Florida:
103,000 sq ft with 58,000 sq ft of greenhouse and 45,000 sq ft of indoor cultivation.
33 stores.
Pennsylvania: 3 stores.
Texas:
1,300 sq ft of cultivation space in climate and humidity-controlled C-containers, including 1,920 sq ft of flowering canopy over 2 levels and with the right to expand up to 400,000 sq ft.
New York:
8 stores.
80,000 sq ft of cultivation and processing in Chestertown.
68,000 sq ft of cultivation and processing to be completed in Buffalo in Q1 2025.
OWNERSHIP:
ZeaKal owns the PhotoSeed-technology which increases a plant’s intrinsic photosynthetic capacity. – 8.7%.
Dynaelo – 12.2%.
James E. Wagner Cultivation combines craft cannabis production practices with proprietary technology to produce high quality flower. – 13.7%
LeafLink Services International – 18%.
PharmHouse is a – 49%.
NEWS & PARTNERSHIPS:
2017
The company established a 3-way JV with equal ownership called Vert Mirabel with Canopy Growth and Les Serres Stéphane Bertrand. The JV will lease Bertrand’s 700,000 sq ft greenhouse in Mirabel, Quebec for its planned upgrade and retrofit for growing cannabis. The JV will also be given an option to acquire the property. The property has been used for organic tomato-growing and holds a Ecocert organic certification which will be used to grow organic cannabis flowers. Canopy Growth has agreed to purchase from Vert Mirabel all of the cannabis produced during an initial term.
2018
The company increased its ownership in Canapar Canada with operations in Italy to manufacture and process CBD oil and isolates to 49.9%.
THE company’s 3-way JV, Vert Mirabel received a license amendment from Health Canada increasing its greenhouse production footprint for cannabis to 525,000 sq ft.
The company invested in Civilized Worldwide and the companies will work together on various online, media and event mandates relating to the cannabis industry.
The company announced a binding letter of intent to acquire AIM2 Ventures.
The company entered into a strategic joint venture with the family behind Sunset Produce by the name of PharmHouse for the growth of cannabis at its 1.3 million sq ft cultivation facility.
The company’s Winter Garden cultivation and processing center received its GMP-certification.
The company was the first to deliver medical cannabis in Puerto Rico.
2019
The company announced its intention to sell its Canadian and Puerto Rican operations.
The company invested in the consumer products company High Beauty selling under the high and canBE Naturally brands.
The company invested in 8.7% of ZeaKal and announced a strategic collaboration.
The company started a strategic alliance with Kindred Launch gving the company access to Kindred’s brokerage, marketing, and brand-building services.
The company in cooperation with LeafLink established a new venture called LeafLink Services International that exclusively licenses and leverages LeafLink’s B2B marketplace and supply chain technology platform. LeafLink offers its services royalty-free outside of the US tot he company and retains an 82% ownership.
Headset entered into a strategic alliance with Nielsen Holdings to provide US cannabis market data and analytics to CPG companies monitoring the cannabis space.
The company announced a 2nd offtake agreement between PharmHouse and Canopy Growth involving an additional 20% of PharmHouse’s flowering space to Canopy Growth for the next 3 years involving a minimum of 25,000 KG of cannabis per year and a maximum of 45,000 KG of cannabis per year.
The company invested in Herbert, a beverage company fgocused on THC-infused products designed for distribution within Canada.
The company invested in the Greenhouse Juice Company, a company which delivers organic, plant-based food and beverages infused with CBD and owns 15 stores as well as an e-commerce delivery service in Canada.
The company invested in Headset, a data, analytics and technology platform in the cannabis industry.
2020
The company signed a management agreement with Freedom Town Holdings for its new Florida cultivation and production facility which will be provided with management and operational consulting services for 7 years by FT who in turn will be compensated based on the level of facility production.
The company sold its Puerto Rican operations.
The company invested in Dynaelo, a gummies producer in Canada.
The company sold its interest in Canapar to RAMM Pharma.
2021
RIV Capital completed a plan of arrangement with Canopy Growth where RIV Capital transferred its interests in TerrAscend Corp, TerrAscend Canada, Les Serres Vert Cannabis and The Tweed Tree Lot to Canopy with plans to expand in the US.
The company sold its New Brunswick property to The Tweed Tree Lot.
The Hawthorne Collective invested 150 million USD into the company.
2022
The company acquired Etain.
2023
The company broadened its cannabis genetic portfolio by collaborating with Marty Calabrese introducing Origins TK Select genetics in its operations in Florida.
2024
The company announced a distribution partnership with Nabis for its MOODS products in New York.
The company acquired RIV Capital and the entity will operate under the FLUENT name. At the same time, the company entered into an exchange and protection agreement with the Hawthorne Collective, pursuant to HC exchanging its unsecured convertible notes in RIV Capital worth 160 million USD, including any accrued and unpaid interest payable by RIV Capital, for a new class of non-voting shares of Cansortium. The agreement prohibits HC from converting it shares into FLUENT shares if the conversion would result in HC together with any person or company acting jointly or in concert with HC, having an aggregate beneficial ownership of, or control or direction over, directly or indirectly, over 19.99% of the company’s issued and outstanding voting securities unless and until the company has received the necessary shareholder approval in accordance with all applicable policies of the CSE. The company and The Hawthorne Collective and William Smith also entered into an investor rights agreement allowing HCas well as William Smithto nominate up to 2 members each onto the FLUENT board of directors of the as long as HC maintains ownership requirements as set forth in the agreement.If FLUENT wants to issue and sell more shares to raise money, Hawthorne and William Smith has the right to buy a portion of those new shares to maintain their same percentage of ownership in the company, as long as they hold a certain minimum amount of shares. HC and William Smith is also given the right to either sell the shares at their own suggestion or follow along FLUENT if they sell some of theirs and are entitled to receive information about the company to stay up to date.
Hyer Kind was launched in Florida, offering premium, full-spectrum concentrates such as cured badder, crumble and cured resin cartridges designed to support wellness routines.
The company became the first in Florida to offer Freedom Town Holdings’ new flower window bags, created for better bag appeal with a recyclable, high quality mylar.
The company launched its flower brand KNACK at Etain Health stores in New York.
2025
The company launched Bag-O in Florida with flower window bags.
The company expanded its Hyer Kind brand into New York.
The company announced Entourage, a wholesale cannabis platform which the company helped develop and serves licensed retailers in New York with competitive pricing, retailer-first support and a streamlined ordering experience. The platform launched with MOODS and KNACK followed by Wandr later and a plan of launching Hyer Kind.
The company expanded its KNACK brand to Florida.
The company entered into a partnership with Connected Cannabis to be the exclusive provider of the Connected Cannabis, AlienLabs and Smoken Promises brands in New York.
The company made its first planting at its high-efficiency indoor canopy 9,200 sq ft Rosa Facility in Florida. The facility includes 3 indoor grow rooms with state-of-the-art HVAC and fertigation, a purpose-built cure vault to maximize terpene and cannabinoid retention and on-site hand-trimming areas to support the facility’s high-quality, premium flower mission.
For the Christmas Holiday season, the company announced coming sales of limited edition distillate vaporizer flavors in Florida called Reindeer Reefer and Festivus Frost MOODS-branded cartridges.
BRANDS:
Caraïbe 66% is chocolate that comes from a legendary French chocolatier called Valrhona and is an homage to the Caribbean islands that inspired its cocoa-filled products infused with cannabis The chocolate is non-GMO, soy, dairy and gluten-free, kosher and with 100% traceability to its cocoa plantation.
FLUENT positions itself as a knowledgeable and passionate guide to empower individuals to live with greater satisfaction and well-being.offers flower, vapes, extracts, edibles, drops, creams and capsules.
FLUENT Care is a premium wellness brand offering crafted cannabis formulations, wellness supplements and lifestyle accessories.
FLUENT Labs is a members-only initiative offering members exclusive early access to new and developing cannabis products before they are released to the public.
MOODS offers terpene-rich cannabis with a lot of flavor in rechargeable all-in-one vapes.
MOODS Black is a premium vape brand with 100% cannabis-derived terpenes and high-potency cannabis oil with a true to the plant flavor and effect.
KNACK is rooted in over a decade of experience and a passion for growing premium cannabis. The brand comes from Adirondacks and is crafted for exceptional potency, genetics and experience from indoor flower.
Hyer Kind offers premium, full-spectrum concentrates such as cured badder, crumble and cured resin cartridges designed to support wellness routines and push you out into space.
Bag-O‘s branding is built on a foundation of simplicity, honesty and approachability offering a no-nonsense, cannabis experience focused on a fair deal.
Black Line is a premium brand offering high potency products with native cannabis terpenes from carefully selected batches of FLUENT’s best crops.
Wandr is a brand for adventurers and travelers offering travel-friendly oral products like THC, CBD, and 1:1 blend tablets.