Fluent Sells Pennsylvania Operations to Hive Holdings

Reuters2025-12-31

Fluent Sells Pennsylvania Operations to Hive Holdings

FLUENT is divesting its Pennsylvania operations in a move aimed at strengthening its balance sheet, reducing leverage, and sharpening its strategic focus on core growth markets. According to Interim Chief Executive Officer Dave Vautrin, the decision comes at a pivotal time for the U.S. cannabis industry, as recent federal developments signal a shift toward a more rational regulatory environment. The company believes that simplifying its business and concentrating resources on its most strategic markets will support long-term value creation. Moelis & Company LLC acted as financial advisor, with Weil, Gotshal & Manges LLP and Cassels Brock & Blackwell LLP providing legal counsel to FLUENT. Eversheds Sutherland LLP advised HIVE Holdings, Inc. on the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fluent Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9618636) on December 31, 2025, and is solely responsible for the information contained therein.

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