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Canadian Weed Company Sees Record Quarterly Revenue Driven By Robust International Demand
Wednesday, October 16, 2024 - 10:51am | 595Canadian cannabis producer Avant Brands Inc. (OTCQX:AVTBF) reported financial results for the fiscal third quarter ended August 31, 2024. The British Columbia-based company revealed a record revenue of CA$8.5 million ($6.17 million), up by 30% from the same quarter last year. “Avant Brands...
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International Expansion Still Major Growth Driver For Canadian Cannabis Co. Avant, Reports 4% YoY Increase In Q2 Net Revenue
Wednesday, July 17, 2024 - 10:09am | 530Cannabis producer Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA: 1BUP) reported its financial results on Monday for the second quarter ended May 31, 2024. The British Columbia-based company said in a press release that it has achieved "significant financial milestones driven by strategic...
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International Expansion Drives Growth For This Canadian Cannabis Producer As It Reports Record Q1 Revenue
Monday, April 15, 2024 - 9:46am | 679Canadian cannabis producer Avant Brands Inc (OTCQX:AVTBF) (TSX:AVNT)(FRA:1BU0) reported its financial results on Monday for the first quarter that ended Feb. 29, 2024. For the quarter, Avant Brands reported "records across key financial metrics, underscoring the company’s commitment to...
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Canadian Marijuana Company Reports 5th Consecutive Quarter Of Positive Cash Flow From Operations
Tuesday, October 17, 2023 - 4:53pm | 533Canadian cannabis company Avant Brands Inc. (TSX:AVNT) (OTCQX: AVTBF) (FRA:1BU0) reported its financial results for the third quarter of fiscal 2023, disclosing net revenue of CA$6.5 million ($4.8 million) up by 64% year-over-year and down by 18.75% sequentially. "Q3 2023 continued our...
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Avant Brands Q1 FY23 Net Revenue Grows 67% To $5.2M
Thursday, April 13, 2023 - 8:16am | 465Avant Brands Inc (OTCQX: AVTBF) (TSX:AVNT)(FRA:1BU0) net revenue for Q1 2023 was CA$7.0 million ($5.2 million), an increase of 67% compared to CA$4.2 million in Q1 2022. Q1 2023 Financial Highlights Gross margin of 42%, compared to 23% in Q1 2022. Total Gross Margin of CA$2.9 million (+207% or...
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Avant Brands FY22 Revenue Grows 112% To 14.87M, What About Adjusted EBITDA?
Tuesday, February 28, 2023 - 9:38am | 990Avant Brands Inc (OTCQX: AVTBF) (TSX:AVNT) (FRA:1BU0) net revenue in fiscal 2022 was a record of CA$20.2 million ($14.87 million), a 112% increase compared to CA$11 million in fiscal 2021. Q4 FY 2022 Financial Highlights Net Revenue was a record of CA$7.9 million (+238% vs. Q4 2021 | +100%...
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Avant Brands Launches Treehugger Organic Sweet Fuel OG Flower & Pre-Rolls
Tuesday, September 13, 2022 - 10:25am | 453Avant Brands Inc. (OTCQX: AVTBF) (TSX:AVNT) (FRA:1BU0), a producer of handcrafted cannabis products, added Organic Sweet Fuel OG Flower & Pre-Rolls to the Treehugger product portfolio, available September 6, 2022, at the Ontario Cannabis Store. This is Treehugger's first whole flower...
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Avant Brands Launches New Cannabis Products In Ontario
Monday, September 12, 2022 - 9:25am | 498Avant Brands Inc. (OTCQX: AVTBF) (TSX:AVNT)(FRA:1BU0) launched new products in the Province of Ontario. This is Avant's largest product call delivery to-date, with 11 SKUs accepted for listing by the OCS (Ontario Cannabis Store). "Further building off the positive demand we received for...
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Avant Brands Reports Record Recreational Cannabis Sales For Q2 2022 Of $3.1M
Thursday, July 14, 2022 - 10:45am | 545Avant Brands Inc. (OTCQX: AVTBF) (TSX:AVNT) (FRA:1BU0) released its financial results for the quarter ended May 31, 2022, revealing record recreational cannabis sales of $3.1 million, compared to $2.5 in previous quarter, an increase of $600,000 or 23%. Financial & Operational Highlights: Q2...
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Avant Brands Reports Record Revenues For Q1 Fiscal 2022 Of $3.65M
Thursday, April 14, 2022 - 10:24am | 517Avant Brands Inc. (OTCQX:AVTBF) (TSX:AVNT)(FRA:1BU0) released its financial results for the first quarter ended February 28, 2022. Key Financial Highlights Achieved historical record gross revenues of CA$4.6 million ($3.65 million), compared to CA$2.8 million, an increase of $1.8 million or 67%,...
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Avant Brands Reports Net Loss Of CA$5.4M For Fiscal 2021
Friday, February 25, 2022 - 10:34am | 512Cannabis company Avant Brands Inc. (TSX:AVNT)(OTCQX: AVTBF)(FRA:1BU0) announced its financial results for the fourth quarter and fiscal 2021 ended Nov.30, 2021. "2021 was a transformative year for Avant as we graduated on to the TSX, entered new international markets, licensed...
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Avant Brands Launches Its First BLK MKT Premium Concentrates And New Flavor Of Tenzo
Wednesday, February 16, 2022 - 12:31pm | 260Avant Brands Inc. (OTCQX: AVTBF) launched BLK MKT Peanut Butter Mac Live Rosin (1g) and also a new flavor for its Tenzo 510 thread cartridges, Wedding Crasher. "After months of formulation and R&D, we are proud to deliver BLK MKT's first premium concentrate to the Canadian adult-...
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Cannabis Movers & Shakers: MedMen, IM Cannabis, Avicanna, Avant Brands
Thursday, January 13, 2022 - 4:28pm | 939MedMen's CRO Tracy McCourt Named President Of Emerald Village West Hollywood Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQB: MMNFF) announced on Thursday that it has tapped Tracy McCourt, chief revenue officer, to the president of Emerald Village West Hollywood. "It's an...