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What is going on with Avant brands?


TK
 TK
(@teddykimutaigmail-com)
New Member
Joined: 1 month ago
Posts: 2
Topic starter  

I am invested in avant brands and its been very disappointing lately. 

There seems to be no end in the stock dropping. 

Is this still a good company to hold, or should I just take a loss and focus on other companies ? 


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JP
 JP
(@jpynestergmail-com)
Eminent Member
Joined: 4 months ago
Posts: 41
 

Hey, TK. Majority of cannabis stocks are dropping the same way. 


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D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 315
 

@jpynestergmail-com & @teddykimutaigmail-com Thanks for the question & input:

I've been hammering this concept: Owning cannabis means you own value.  Avant Barnds is expanding and they almost always run out of product (Their production is about to come on line and they will double size).  Right now, cannabis is selling off, Friday's price move notwithstanding.  But, there is significant value versus the broader market in these stocks.  Look at the EBITDA rate versus revenues and look at net earnings versus revenues on a percentage basis.  These stocks will head up higher over the long term.  And, maybe whatever happened on Friday is just the start.  


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JP
 JP
(@jpynestergmail-com)
Eminent Member
Joined: 4 months ago
Posts: 41
 

@cannabisinvestingnewsletter  It feels like most "investors" these days want a quick buck and not long-term minded. I get it. As a relatively new investor, it was shocking at first seeing stocks I was invested in suddenly drop. Once logic prevailed over emotion, I reminded myself I did not invest in any of these companies for a quick buck.

Hey, if they suddenly squeeze and surpass my brackets, then of course I will take the profits. That would be dumb not to accept that gift. 


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Carey Alan Hernandez
 Carey Alan Hernandez
(@Carey Alan Hernandez)
Guest
Joined: 1 day ago
Posts: 1
 

@cannabisinvestingnewsletter BOY I've been waiting awhile for this one to-do something   


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D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 315
 

@Carey Alan Hernandez Avant Brands is really awaiting the opening of its new facility.  That will double production.  They pretty much run out of product all of the time.  So, this will increase revenues significantly.  I see this being a strong performer over the years.  

Check out my video on IMCC; they are aligned with Avant Brands in a licensing deal.  Look for potential M&A activity with the two.  It's a possibility.  


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