FLUENT Corp Amends Credit Agreement for Vireo Growth Arrangement

TAMPA, Fla., Nov. 04, 2026 /CourierPR/ -- FLUENT Corp., a vertically-integrated, multi-state cannabis company, has amended its senior secured credit agreement to facilitate the company's previously announced plan of arrangement with Vireo Growth Inc. The amendment, executed on an unspecified date, allows FLUENT and its Canadian and US subsidiaries to draw an additional US$10.5 million in the form of term loans, effective on the date of the amendment.

The credit agreement, originally dated November 26, 2024, has been amended on March 17, 2026, and April 17, 2026. The new term loans bear interest at a rate of 12.00% per annum, payable in cash, and 1.00% per annum, payable in kind, both payable monthly on the applicable payment date. The term loans are subject to an original issue discount of 2.00% payable on the closing date and an exit fee of 2.00% payable on maturity, prepayment, or acceleration of such loans.

FLUENT, headquartered in Tampa, Florida, operates in Florida, New York, and Texas. The company employs approximately 550 employees across six cultivation and manufacturing facilities and 34 active retail locations. FLUENT is dedicated to being one of the highest quality cannabis companies for the communities it serves, producing an assortment of cannabis products under a diverse portfolio of brands including MOODS, Knack, Wandr, Bag-O, and Hyer Kind.

Chicago Atlantic Financial Services, LLC, an alternative investment manager focused on industries and companies where demand for capital exceeds traditional supply, has been involved in the financing of FLUENT. Chicago Atlantic has closed over $3.3 billion in credit facilities and has a team of over 100 professionals with offices in Chicago, Miami, New York, and London.

The amendment is a necessary condition for the closing of the arrangement with Vireo Growth Inc., which is part of FLUENT's strategic plan. The company is committed to operational excellence in cultivation, production, distribution, and retail experience, aiming to serve its communities effectively.

The forward-looking information in the release includes statements with respect to the amendment, the timing of the arrangement, including the anticipated closing, and the satisfaction or waiver of the closing conditions set out in the arrangement agreement. The company cautions that these statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied.