Newsfeeds Archive - Spark Newswire

2 minute read

International Expansion Drives Growth For This Canadian Cannabis Producer As It Reports Record Q1 Revenue

April 15, 9:46 AM

Canadian cannabis producer Avant Brands Inc reported on Monday its financial results 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 operational excellence," according to a Monday press release. International sales hit a record of CA$3.3 million, representing a 21% year-over-year increase, with sales accounting for 37% of total gross revenue. The company attributed the growth to its aggressive market penetration in "key regions," including Australia, Germany and Israel.

AVNT

3 minute read

NASDAQ-Listed Marijuana Stocks, Tilray, Canopy, Aurora Rally: What’s Behind The Surge?

By Nicolas Jose Rodriguez

April 8, 6:33 PM

The Canadian cannabis sector is witnessing a notable upswing, driven by recent developments including Tilray's (NASDAQ: TLRY) earnings report, Organigram's investor day (NASDAQ: OGI) and pivotal movements by Canopy Growth (NASDAQ:

ACB

2 minute read

Canadian Marijuana Company Reports 5th Consecutive Quarter Of Positive Cash Flow From Operations

By Nina Zdinjak

October 17, 4:53 PM

Canadian 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.

AVTBF

2 minute read

Sundial, Canopy Growth And More: Analyst Examines The Race For The US Cannabis Market

By Nicolas Jose Rodriguez

September 10, 12:48 PM

US legal cannabis sales are predicted to exceed $28 billion in 2023, with promising regulatory developments such as the recommendation to

ACRHF

3 minute read

Cannabis Chart Of The Week: Are There Good Values Among Canadian Cannabis Companies?

By Viridian Capital Advisors

July 24, 12:44 PM

This week's chart explores the valuation and credit of the eighteen U.S. and Canadian cannabis companies with market caps between $20M and $100M. The presence of U.S. and Canadian companies in the group allows for comparing credit quality and valuation.

AVTBF

3 minute read

Avant Q2 FY23 Net Revenue Grows 96% YoY, What About Adjusted EBITDA?

By Vuk Zdinjak

July 18, 8:20 AM

Avant Brands Inc (OTCQX: AVTBF) (TSX:AVNT)((FRA:1BUP) released its financial results for the second quarter ended May 31, 2023, revealing net revenue of net revenue of CA$8 million ($6 million), an increase of 96% compared to CA$4.1 million in Q2 fiscal 2022.

AVTBF

4 minute read

Why A National Cannabis Organization Sacked Half Its Staff, CEO Turnovers And More Exec Changes

By Jelena Martinovic

June 5, 9:47 AM

NCIA Sacks Half Of Its Team To Increase Financial Strength

ACRHF

2 minute read

Cannabis Scandal And Resignation Of Oregon Official, USCC’s New Leadership & More Executive Moves

By Jelena Martinovic

May 5, 8:45 AM

New Team Of Top Executives And Experts To Lead USCC Amid Possible Cannabis Policy Reform

AVTBF

3 minute read

Cannabis Chart Of The Week: The Top Ten Canadian LPs By Credit Quality

By Viridian Capital Advisors

April 18, 12:15 PM

The Chart shows the top ten Canadian cannabis companies by credit quality (based on the Viridian Credit Tracker Model). The best-ranked credits are on the left.

ACB

2 minute read

Avant Brands Q1 FY23 Net Revenue Grows 67% To $5.2M

By Vuk Zdinjak

April 13, 8:16 AM

Avant 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.

AVTBF