Avant Brands

About Avant Brands

Avant Brands Inc., publicly trading under the tickers TSX: AVNT, OTCQX: AVTBF, and FRA: 1BUP, operates as a licensed producer of premium and craft cannabis products. The company was established in 2017, originally named GTEC Holdings Ltd., and is headquartered in Kelowna, British Columbia. It was founded by Norton Singhavon, who serves as the Chief Executive Officer. Singhavon has an entrepreneurial background with extensive experience in capital investments, acquisitions, and start-ups within the legal cannabis sector, having deployed over $100 million into the North American cannabis industry. This financial acumen has been central to the company's growth, which included rebranding from GTEC Holdings and uplisting to the Toronto Stock Exchange (TSX) in 2021. The company's business model is centered on the cultivation, production, and sale of high-quality cannabis through three primary channels: the Canadian recreational market, the global export market, and the domestic medical market. Revenue is generated through the sale of its products across these channels, with a strategic focus on the premium segment of the market. In fiscal year 2023, Avant Brands reported record gross revenues of $30.2 million, a 33% increase from the prior year. For the fiscal year ending in November 2025, the company reported net revenue of $35.9 million, with recreational sales contributing $14.8 million, domestic wholesale $5.3 million, and export wholesale $15.5 million. The company operates multiple production facilities across Canada, including an 80,000 sq ft indoor cultivation facility acquired from The Flowr Group (Okanagan) Inc. in 2023. This acquisition significantly enhanced production capacity and contributed positively to cash flow. Avant Brands serves distinct client segments through a diverse portfolio of consumer brands. For the recreational market, it offers products under the names blk mkt™, Tenzo™, Cognōscente™, flowr™, and Treehugger™, which are available in most Canadian provinces and territories. The blk mkt™ brand is positioned for experienced connoisseurs seeking top-shelf cannabis, while Tenzo™ offers a variety of products with a focus on flavor and aroma. The Treehugger™ brand caters to environmentally conscious consumers with organically grown flower and sustainable packaging, including reclaimed ocean plastic caps and biodegradable components. For medical clients, the company operates the Avant Medical (formerly GreenTec™) portal, providing qualified patients nationwide with access to its premium craft cannabis. Avant's international presence has been a significant growth driver, with exports to Australia, Israel, Germany, and the United Kingdom. The company's product lineup is centered on premium craft flower and pre-rolls, emphasizing unique genetics and terpene profiles. Its cultivation process involves meticulous hand-finishing, slow curing, and careful trimming to ensure high quality. The product portfolio features nearly 75 unique cultivars, including many exotic strains. In addition to whole flower, Avant offers various pre-roll formats and has expanded into concentrates. A notable achievement includes the BLK MKT™ brand ranking as the top seller of premium 1-gram pre-rolls in Ontario. The company has also demonstrated responsiveness to regulatory changes by being among the first to launch transparent packaging and premium 1.5g pre-rolls in Canada. Demand for its premium products has consistently outpaced production capacity, allowing the company to sell substantially all cannabis it produces. Keywords: Avant Brands, Norton Singhavon, Canadian cannabis producer, premium cannabis, craft cannabis, blk mkt, Tenzo, Cognōscente, Flowr, Treehugger, GreenTec Medical, Kelowna, cannabis export, GTEC Holdings, indoor cultivation, cannabis flower, pre-rolls, TSX: AVNT, OTCQX: AVTBF, cannabis genetics, terpene profiles, Canadian licensed producer, adult-use cannabis, medical cannabis, cannabis concentrates, specialty cannabis, high-quality cannabis, handcrafted cannabis, cannabis strains, Australian cannabis market, German cannabis market, Israeli cannabis market, UK cannabis market.