Added to YB: 2025-04-24
Pitch date: 2025-04-23
AVNT.TO [bullish]
Avant Brands Inc.
+7.87%
current return
Author Info
No bio for this author
Company Info
Avant Brands Inc. cultivates, produces, markets, and sells cannabis products in Canada. The company offers recreational cannabis products under the BLK MKT, Tenzo, Cognoscente, Treehugger, Pristine, and Flowr brands.
Market Cap
CAD 10.4M
Pitch Price
CAD 0.89
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.90
P/E
-0.48
EV/Sales
0.67
Sector
Pharmaceuticals
Category
special_situation
Avant Brands Update
AVNT.TO: Repricing Amendment lowers warrant & convertible debt conversion prices. ~35% dilution but eliminates debt, freeing $6M annualized FCF. Largest investor likely to convert. Post-conversion trades at just 2x EV/FCF & 2.5x EBITDA. Main thesis risk removed - now clear path to debt-free operation.
Read full article (2 min)