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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Post by cannabiscon Jun 14, 2022 2:51pm
96 Views
Post# 34755868

Investor Alert ! 🚨 Cash Positive cannabis operations !

Investor Alert ! 🚨 Cash Positive cannabis operations !

Avant Brands Inc. (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BU0) (“Avant” or the “Company”), a leading producer of handcrafted, high quality cannabis products, has demonstrated that they are a solid investment based on financials and execution over the past 2 years.

 

2022 1st quarter high-lights included :

 

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% 

 

Achieved positive Adjusted EBITDA

 

Achieved positive Cash Flow from OperationsDelivered record gross revenues of $4.6 million – representing 107% growth YOY and 67% QOQ

 

Increased recreational cannabis sales by $0.5 million or 25% 

 

Achieved positive Adjusted EBITDA

 

Achieved positive Cash Flow from Operations

 

With a company that has zero debit obligations 11.7M in cash and 21M working capital and newly licensed (5000KG) 3PL facility.

 

https://avantbrands.ca/news/reports-record-revenues-for-q1-f2022

 

https://money.tmx.com/en/quote/AVNT

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