[PRESS RELEASE] – TAMPA, Fla., March 18, 2026 – FLUENT Corp., a vertically integrated, multistate cannabis company, announced that it has entered into an amendment to its existing senior secured credit agreement, originally dated as of Nov. 26, 2024, by and among FLUENT, its Canadian and U.S. subsidiaries, the lenders party thereto and Chicago Atlantic Financial Services LLC, as successor administrative agent to Chicago Atlantic Admin LLC.
Among other things, the Amendment permitted FLUENT to draw an additional $6 million on the date of the amendment in the form of term loans, which term loans bear a paid-in-kind (PIK) interest rate of 13% per annum and are due to mature on Dec. 31, 2026.
FLUENT intends to use the net proceeds from the term loans for working capital and general corporate purposes.
The foregoing description of the amendment is not complete and is qualified in its entirety by reference to the full text of the amendment, a copy of which will be filed on the company’s profile on SEDAR+ at www.sedarplus.ca.
