Cannabis Stocks Forum & Discussion

Welcome to the Cannabis Investing Newsletter Forum. This is for the cannabis stocks forum & discussion. 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

Share:
Notifications
Clear all

What is going on with Avant brands?

6 Posts
4 Users
5 Likes
1,192 Views
Joined: 1 second ago
Posts: 0
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 ? 


   
D. H. Taylor reacted
ReplyQuote
 JP
(@jpynestergmail-com)
Estimable Member
Joined: 2 years ago
Posts: 86
 

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


   
D. H. Taylor reacted
ReplyQuote



(@dhtaylor)
Noble Member Admin
Joined: 3 years ago
Posts: 1361
 

@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.  


   
ReplyQuote
 JP
(@jpynestergmail-com)
Estimable Member
Joined: 2 years ago
Posts: 86
 

@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. 


   
awesame reacted
ReplyQuote



(@Carey Alan Hernandez)
New Member
Joined: 2 years ago
Posts: 2
 

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


   
D. H. Taylor reacted
ReplyQuote
(@dhtaylor)
Noble Member Admin
Joined: 3 years ago
Posts: 1361
 

@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.  


   
awesame reacted
ReplyQuote



Leave a reply

Author Name

Author Email

Title *

Maximum allowed file size is 10MB

Preview 0 Revisions Saved
Share:



Copyright Cannabis Investing Newsletter 2021 - 2022