Forum

Welcome to the Cannabis Investing Newsletter Forum. Feel free to find your favorite cannabis stocks and contribute content as you please; content that continues the discussion of, and analysis of, cannabis stocks. – D. H. Taylor

Notifications
Clear all

Avant Brands AVTBF Stock Undervalued with Upside Potential


D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 305
Topic starter  

I have been keeping an eye on Avant Brands AVTBF Stock (Formerly GTEC Holdings stock GGTTF) for a while now. Avant Brands has built up its capacity and is generating consistently increasing revenues.  The latest financial earnings reported growth in revenues, however, there was a required holding back of product to fulfill Israeli product needs.  There has been a consistent increase in the overall price of cannabis received to $7.48 per gram.  Given Avant Brands AVTBF capacity, they could be printing about $85M - $90M (CAD)  in revenue annually.  So, what should AVTBF stock be worth if they were to consistently increase their revenues over the next few quarters to get to 100% capacity?


Quote

Leave a reply

Author Name

Author Email

Title *

Maximum allowed file size is 10MB

 
Preview 0 Revisions Saved
Share: