Canadian Weed Company Sees Record Quarterly Revenue Driven By Robust International Demand
Portfolio Pulse from Nina Zdinjak
Avant Brands Inc. (OTCQX:AVTBF) reported record quarterly revenue driven by strong international demand, with a 30% increase from the previous year. The company is focusing on international expansion, with significant growth in markets like Australia, Germany, and Israel.
October 16, 2024 | 2:51 pm
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Avant Brands Inc. reported a record quarterly revenue of CA$8.5 million, driven by a 116% increase in export wholesale revenue. The company is focusing on international expansion, with significant growth in markets like Australia, Germany, and Israel.
Avant Brands' record revenue and significant growth in international markets indicate a positive short-term impact on its stock price. The company's strategic focus on high-demand markets like Australia, Germany, and Israel, along with a 116% increase in export sales, suggests strong future performance.
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