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Avant Brands Inc T.AVNT

Alternate Symbol(s):  AVTBF

Avant Brands Inc. is a Canada-based cannabis company. The Company produces handcrafted cannabis products. Its products are distributed via three sales channels: recreational, medical and export. The Company's recreational brand portfolio includes BLK MKT, Tenzo, Cognoscente, and Treehugger, which are produced from cultivars, and sold in British Columbia, Saskatchewan, Manitoba, Ontario, Atlantic Canada and the territories. The Company's medical cannabis brand, GreenTec, which is distributed nationwide, directly to patients through its GreenTec Medical portal, and through various medical cannabis partners. The Company has various licensed and operational production facilities across Canada, which produce its consumer brands sold across medical and recreational channels in Canada. Its subsidiaries include Avant Craft Cannabis Inc., GreenTec Bio-Pharmaceuticals Inc., GreenTec Retail Ventures Inc., Grey Bruce Farms Incorporated, Tumbleweed Farms Corp. and Spectre Labs Inc., among others.


TSX:AVNT - Post by User

Post by cannabiscon Apr 01, 2022 3:57pm
283 Views
Post# 34568532

3PL game changer !

3PL game changer !

3PL will be fully operational this year with Avand Brands already boasting no debt and 14M+ cash on hand.

Here is how 2022 could play out:

The way I would look at it is that we get 49% of the profits + fees of 3PL

 

6,000KG is the stated capacity but that could be a high target. 

 

Conservatively let's say 5,000KG @$5 sale price. = $25M

 

Less $2.25 x 5,000 Kg packaged cost = $11.25M

 

Should leave $13.75M net profit @ 49% = $6.7M

 

Plus our "franchase fees" which is close to $1M a year. So $7.7M profit from 3PL operations alone.

All other operations in 2021 = 9.5M + (3PL) 11.25M = 20.7M with 7.7M profits.

**Avand Brands has the option to acquire the remaning 49% of 3PL which would result in a massive year over year revenue boosting 25M + 9.5M = 34.5M 
 

I am not a financial advisor you should not rely on this as investment advice.

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