Sienna Resources

AVANT BRANDS (OTCMKTS: AVTBF) STOCK QUOTE

Last Trade: US$0.04 -0.0005 -1.15
Volume: 125,671
5-Day Change: -1.00%
YTD Change: -1.00%
Market Cap: US$15.020M

LATEST NEWS FROM AVANT BRANDS

KELOWNA, BC / ACCESSWIRE / July 16, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, today announced the terms of the proposed non-brokered private placement of unsecured convertible debenture units (the " Convertible Debenture Units ") at a price of $1,000 per Convertible Debenture Unit (the " Purchase Price ") for... Read More
Record Gross Revenue: Generated $9.4 million in gross revenue, establishing a new company record. Strong International Growth: International sales rose 26% to reach a record $3.7 million, now representing 45% of net revenue. Record Cash Flow from Operations 1 : $4.6 million, highlighting the Company's ability to produce sustainable and growing cash flows. Record Adjusted Net Income 4 : Achieved $1.4M, establishing a new... Read More
KELOWNA, BC / ACCESSWIRE / June 4, 2024 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, is pleased to announce that, subject to the approval of the Toronto Stock Exchange (the " TSX "), it has closed its non-brokered private placement (the " Offering ") in the amount of $2,393,333.78 priced at $0.085 per unit (each a "... Read More
KELOWNA, BC / ACCESSWIRE / May 30, 2024 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, held its annual general meeting of shareholders of the Company (the " Shareholders ") on May 30, 2024 (the " Meeting "). 40,063,347 of the Company's issued and outstanding common shares, representing 14.08% of the total issued and... Read More
KELOWNA, BC / ACCESSWIRE / May 9, 2024 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, announces the planned departure of Mr. David Lynn, the Company's Chief Operating Officer, effective July 5, 2024. Since 2018, Mr. Lynn has been instrumental in the construction and scale-up of the Company's operating facilities,... Read More
Gross Revenue Outperforms Guidance: Achieved $8.9 million in Gross Revenues, outperforming the guidance range of $8.2 million to $8.7 million. Trending Revenue Growth: Record Net Revenue increased 15% to $8.1 million. International Expansion Surge: Global sales increased 21% to a record of $3.3 million, underscoring strong demand for Avant's premium products internationally. Enhanced Profitability: Achieved a record Adjusted... Read More
KELOWNA, BC / ACCESSWIRE / April 8, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, has issued a correction to the Company's recently announced non-brokered private placement (the " Offering "). In today's prior release, dated April 8, 2024, it was stated that each Unit would consist of one common share (a " Common... Read More
KELOWNA, BC / ACCESSWIRE / April 8, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, today announces its intention to conduct a non-brokered private placement to secure up to $3,888,888 million in gross proceeds (the " Offering "). The Offering will consist of up to 45,751,623 units of the Company (the " Units ") at... Read More
KELOWNA, BC, TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / April 4, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products and IM Cannabis Corp. (CSE:IMCC)(NASDAQ:IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, are pleased to announce the signing of... Read More
TORONTO, GLIL YAM, Israel and KELOWNA, BC . , April 4, 2024 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the " Company ", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany , and Avant Brands Inc. (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BU0) ("Avant") a leading producer of innovative cannabis products, jointly announce the signing of an international trademark licensing... Read More
KELOWNA, BC / ACCESSWIRE / April 3, 2024 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, today welcomes the addition of Ms. Sukhie Chahal as Vice President of Revenue Strategy, who previously served as Revenue Management & Sales Strategy at Canopy Growth Corp. Norton Singhavon, Founder and CEO commented: " Sukhie's proven... Read More
KELOWNA, BC / ACCESSWIRE / April 2, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) (" Avant " or the " Company "), a leading producer of innovative and award-winning cannabis products, today announced the execution of a Cultivar Supply Agreement (the " Agreement ") with 1183279 B.C. LTD (the " Consultant "). This Agreement expands Avant's access to a diverse range of new and unique cultivars, further... Read More
KELOWNA, BC / ACCESSWIRE / March 4, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, announces today that Tyson Macdonald has joined the Company's Board of Directors effective March 1, 2024. Tyson brings over 20 years of C-suite expertise in investment and transactions across diverse markets and sectors. As CEO of... Read More
KELOWNA, BC / ACCESSWIRE / February 29, 2024 / Avant Brands Inc (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, proudly announces its audited financial results for the fiscal year ended November 30, 2023 (" Fiscal 2023 "). The Company's Fiscal Year 2023 results, demonstrate growth across key financial metrics. Highlights include: Record... Read More
KELOWNA, BC / ACCESSWIRE / February 26, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, announces that it has entered into amendments with respect to certain outstanding debts of the Company as further described below. Norton Singhavon, Founder and CEO of Avant, commented: " These amendments enable Avant to reinvest... Read More
KELOWNA, BC / ACCESSWIRE / February 16, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce that it intends to release its financial and operating results for the year ended November 30, 2023, after the close of the Toronto Stock Exchange on Wednesday, February 28, 2024. A conference call with... Read More
KELOWNA, BC / ACCESSWIRE / February 8, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), an award-winning cannabis brand that aims to be a leading producer of innovative products, is pleased to provide an update on its export sales initiatives. Avant is excited to announce that it has executed four new cannabis export agreements in the past eight weeks. As a result, the Company now has... Read More
Gross Revenues of $7.5 million (+61% vs Q3 2022). Positive Adjusted EBITDA 1 of $0.9 million (+$0.2 million vs Q3 2022). Positive Cash Flow from Operations 2 of $1.8 million (+$1.6 million vs Q3 2022). Fifth consecutive quarter of positive Adjusted EBITDA 1 and Cash Flow from Operations 2 . Ranked 49 th of 425 on The Globe & Mail's Canada's Top Growing Companies of 2023. Produced a record of 3,268 KG of cannabis during the... Read More
KELOWNA, BC / ACCESSWIRE / October 3, 2023 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) (" Avant " or the " Company "), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce that it intends to release its financial and operating results for the third quarter ended August 31, 2023, after the close of the Toronto Stock Exchange on Monday, October 16, 2023. A conference call... Read More
Fourth Consecutive Quarter of Positive Cash Flow from Operations Record Gross Revenues of $9.0 million (+101% vs Q2 2022). Positive Adjusted EBITDA 1 of $1.7 million (+$2.7 million vs Q2 2022). Positive Cash Flow from Operations 2 of $2.1 million (+$2.7 million vs Q2 2022). Fourth consecutive quarter of both positive Adjusted EBITDA 1 and Cash Flow from Operations 2 . KELOWNA, BC / ACCESSWIRE / July 18, 2023 / Avant Brands... Read More
KELOWNA, BC / ACCESSWIRE / July 11, 2023 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) (" Avant " or the " Company "), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce that it intends to release its financial and operating results for the second quarter ended May 31, 2023, after the close of the Toronto Stock Exchange on Monday, July 17, 2023. A conference call with... Read More
KELOWNA, BC / ACCESSWIRE / May 30, 2023 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, held its annual general meeting of shareholders of the Company (the " Shareholders ") on May 30, 2023 (the " Meeting "). 26,858,976 of the Company's issued and outstanding common shares, representing 10.44% of the total issued and... Read More
Industry Executive Miguel Martinez appointed as CFO (formerly VP Finance at Pure Sunfarms) Sylvia Lee to stand for election at the 2023 AGM (formerly in-house counsel at Keg Restaurants Ltd.), replacing Ruairi Twomey KELOWNA, BC / ACCESSWIRE / May 4, 2023 / Avant Brands Inc (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, is pleased to... Read More
Gross Revenue of $7.9 million (+71% vs. Q1 2022) Record Adjusted EBITDA 1 of $1.8 million (+2,158% vs. Q1 2022) Positive Cash Flow from Operations 2 of $1.8 million (+2,123% vs. Q1 2022) Overall Gross Margin 3 increased to 42% Record Adjusted Net Income 4 of $0.2 million (+131% vs. Q1 2022) Third consecutive quarter of both positive Adjusted EBITDA 1 and Cash Flow from Operations 2 Achieved Positive Adjusted Net Income and... Read More
KELOWNA, BC / ACCESSWIRE / March 30, 2023 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce that it intends to release its financial and operating results for the first quarter ended February 28, 2023, after the close of the Toronto Stock Exchange on Wednesday, April 12, 2023. A conference call... Read More
KELOWNA, BC / ACCESSWIRE / March 14, 2023 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce that GreenTec Holdings Ltd. (" GreenTec "), a wholly-owned subsidiary of Avant, closed its acquisition (the " Acquisition ") of the remaining 50% equity stake in Avant Brands K1 Inc. (" Avant K1 ") from MENA... Read More
KELOWNA, BC / ACCESSWIRE / February 16, 2023 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce that it intends to release its financial and operating results for the year ended November 30, 2022, after the close of the Toronto Stock Exchange on Monday, February 27, 2023. A conference call with... Read More
Avant 50% joint venture closes previously announced bid to purchase Flowr Okanagan, including Flowr Okanagan's Kelowna operation, for approximately $3.850 million and $1.265 million in Avant Shares Provides Avant with combined facilities of approximately 185,000 square ft Expected to increase Avant's production capabilities by 60% [1] Results in Avant being one of the largest indoor, ultra-premium producers in Canada 2... Read More
KELOWNA, BC / ACCESSWIRE / February 2, 2023 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce that GreenTec Holdings Ltd. (" GreenTec "), a wholly-owned subsidiary of Avant, closed its previously announced acquisition (the " Acquisition ") of the remaining 50% equity stake in 3PL Ventures Inc. ("... Read More
KELOWNA, BC / ACCESSWIRE / January 25, 2023 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, is pleased to provide a corporate update. The Company's news release had an error in square footage for its production facility in Kelowna, BC. The production facility is 80,000 square feet. Strategic Growth The Company... Read More
KELOWNA, BC / ACCESSWIRE / January 24, 2023 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company") is pleased to announce that BLK MKT has been awarded the 2022 Cannabis Brand of the Year (Canada) by ADCANN. The ADCANN Awards are known by industry peers, enthusiasts, and consumers as the most prestigious Cannabis Award for the Canadian Cannabis industry. Voting takes place in multiple stages... Read More
Record Gross Revenue (A) of $8.8 million in Q4 2022 (vs. $2.8 million in Q4 2021) Record Gross Revenue (A) of $22.6 million in fiscal 2022 (vs. $11.0 million in fiscal 2021) KELOWNA, BC / ACCESSWIRE / January 23, 2023 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce that, based upon information... Read More
KELOWNA, BC / ACCESSWIRE / December 19, 2022 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce that GreenTec Holdings Ltd., a wholly-owned subsidiary of Avant, and Avant have entered into a binding Share Purchase Agreement (the " Agreement ") with F-20 Developments Corp. (the " Vendor ") to... Read More
Avant 50% joint venture wins bid to purchase Flowr Okanagan, including Flowr's Kelowna operation, for approximately $4.015 million and $1.1 million in shares of Avant, plus certain wind-down costs in connection with the Flowr Group's insolvency proceedings Provides Avant with combined facilities of approximately 185,000 square feet Expected to increase Avant's production capabilities by 60% Resulting in Avant being one of... Read More
Avant 50% joint venture executes binding offer to purchase Flowr Okanagan, including Flowr's Kelowna facility, for $3.88 million Provides Avant with combined facilities of approximately 185,000 square ft Expected to increase Avant's production capabilities by 60% Would result in Avant being one of the largest indoor, ultra-premium producers in Canada Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the... Read More
Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company") announced today that 1000343100 Ontario Inc. (the "DIP Lender"), an entity of which Avant owns 50% of the issued and outstanding shares, has executed a term sheet with The Flowr Corporation (FLWR; FLWPF) ("Flowr") and its subsidiaries, The Flowr Group (Okanagan) Inc. ("Flowr Okanagan"), The Flowr Canada Holdings ULC ("Flowr ULC") and Terrace... Read More
Year-to-Date ("YTD") Gross Sales increased 67% to $13.8 million Q3 2022 Gross Sales were $4.7 million - establishing a new record for the company Achieved Positive Adjusted EBITDA (2) and Positive Cash Flow from Operations (5) for Q3 and YTD Maintained a strong balance sheet with $8 million in cash and no bank debt Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) (" Avant " or the " Company "), a leading producer of... Read More
Avant Brands Inc. (TSX: AVNT) (OTC-QX: AVTBF) (FRA: 1BU0) (" Avant " or the " Company ") and IM Cannabis Corp. (" IMC ") (CSE: IMCC) (NASDAQ: IMCC) jointly announce the signing of an international trademark licensing agreement (the " Licensing Agreement ") granting IMC the exclusive right to launch the BLKMKT brand in the Israeli medical cannabis market. The Licensing Agreement constitutes a significant milestone in the... Read More
Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) (" Avant " or the " Company "), an award-winning leading producer of handcrafted, high quality cannabis products, announced today that it intends to release its financial and operating results for the third quarter ended August 31, 2022, after the close of the Toronto Stock Exchange on Wednesday, October 12, 2022. A conference call with management will be held on... Read More
Organic Sweet Fuel OG added to Avant's Treehugger™ product line; available at the Ontario Cannabis Store Avant leads with environmentally conscious products and packaging Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) (" Avant " or the " Company "), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce the launch of Organic Sweet Fuel OG Flower & Pre-Rolls to the Treehugger™... Read More
Avant's largest product call to date New handcrafted products from Avant's popular brands: BLKMKT™, Tenzo™, Cognōscente™ and Treehugger™ Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) (" Avant " or the " Company "), a leading producer of innovative, premium handcrafted cannabis products, is pleased to announce the launch of new products in the Province of Ontario. This is Avant's largest product call delivery to-date,... Read More
Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of premium handcrafted cannabis products, announces that it has changed its auditor from Manning Elliott LLP (the " Former Auditor ") to Ernst & Young LLP (the " Successor Auditor "). The Company decided to change its auditor effective July 26, 2022 and the board of directors of the Company (the " Board ") appointed the... Read More
Q1 and Q2 2022 marked the two best sales quarters in Avant's history, generating over $9 million in sales over the first half of FY 2022, representing an increase of 77% over the first half of FY 2021 Achieved record recreational cannabis sales of $5.6 million in H1 2022, representing an increase of 44% over H1 2021 Maintained a strong balance sheet with approximately $9 million in cash and no long-term debt Avant Brands... Read More
Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) (" Avant " or the " Company "), an award-winning leading producer of handcrafted, high quality cannabis products, announced today that it intends to release its financial and operating results for the second quarter ended May 31, 2022, after the close of the Toronto Stock Exchange on Wednesday, July 13, 2022. A conference call with management will be held on Thursday,... Read More
Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) (" Avant " or the " Company "), an award-winning leading producer of handcrafted, high quality cannabis products, held its annual general and special meeting of shareholders of the Company (the " Shareholders ") on May 26, 2022 (the " Meeting "). 26,483,507 of the Company's issued and outstanding common shares representing 13.15% of the shares of the Company were... Read More
Delivered record gross revenues of $4.6 million - representing 107% growth YOY and 67% QOQ Increased recreational cannabis sales by $0.5 million or 25% - demonstrating the demand for Avant's brands Achieved positive Adjusted EBITDA (A) Achieved positive Cash Flow from Operations before changes in non-cash working capital (B) Maintained a strong capital position with $11.7 million of cash and no debt Avant Brands Inc. (... Read More
Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) (" Avant " or the " Company "), an award-winning leading producer of handcrafted, high quality cannabis products, announced today that it intends to release its financial and operating results for the first quarter ended February 28, 2022, after the close of the Toronto Stock Exchange on Wednesday, April 13, 2022. A conference call with management will be held on... Read More
Delivered record gross revenues of $11 million - representing 25% growth from the prior year Increased recreational cannabis sales by $1.8 million or 29% - demonstrating the demand for Avant's brands Improved production output by 13% - reflecting the initiatives to boost operational efficiencies Progressed towards positive Adjusted EBITDA (C) , with a $1.6 million loss Maintained a strong capital position with $14.3 million... Read More
Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BUP) (" Avant " or the " Company "), an award-winning leading producer of handcrafted, high quality cannabis products, announces the launch of BLK MKT™ Peanut Butter Mac Live Rosin (1g). Avant has also launched a new flavour 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... Read More
Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BUP) (" Avant " or the " Company "), an award-winning leading producer of handcrafted, high quality cannabis products, announced today that it intends to release its financial and operating results for the year ended November 30, 2021, after the close of the Toronto Stock Exchange on Thursday, February 24, 2022. A conference call with management will be held on Friday,... Read More
Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BUP) (“ Avant '' or the “ Company ”), an award-winning leading producer of handcrafted, high quality cannabis products, is pleased to announce the appointment of Matthew Whitt as Chief Financial Officer (“ CFO ”), effective January 17, 2022. In addition, Avant has bolstered its Sales and Marketing team under the leadership of Chris Pearson who joined Avant as Director of Sales... Read More
Avant Brands Inc. (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BUP) (“Avant” or the “Company”) , an award-winning leading producer of handcrafted, high quality cannabis products, is proud to announce the launch of an innovative and exclusive product, the Cognōscente™ Craft Tasting Flight. As Avant’s first product under its premium Cognōscente™ brand, the Craft Tasting Flight offers a curated sampling of six 1.5 gram (“g”) buds, along... Read More
GreenStockNews
Avant Brands Inc (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BUP) (" Avant " or the " Company "), a leading producer of high quality, handcrafted cannabis products, is pleased to announce its financial results for the third quarter of fiscal 2021 ended August 31, 2021 ("Q3 2021"). " We are excited to have posted two consecutive quarters... Read More

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