Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604) header
Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604) profile picture

Founder and CEO @AvantBrands | TSX: AVNT

Kelowna, British Columbia
Joined February 2009
Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)Photo by Norton Singhavon (Nort) 🇨🇳🇨🇦 (@nort604)
Norton Singhavon (Nort) 🇨🇳🇨🇦 retweeted
Avant Brands Reports Q2 2026 Results Highlighted by 34% Growth in Recreational Revenue Read the full release here: loom.ly/ahhgK8s #AvantBrands #AVNT #AVTBF
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Nice to see M&A activity picking up in the sector. Safari is 59,000 sq ft, 6,000 KG per annum, had approximately $25M of debt, and sold for $26.5M. For context, Avant produced double that in FY2025, currently $1.5M of debt. Albeit, Safari has EU-GMP. Still, the disconnect doesn't seem to make a whole lot of sense to me. I think Avant "being priced for bankruptcy" risk is off the table considering we only have $1.5M of debt now. But then again, maybe I am biased. newswire.ca/news-releases/au…
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Norton Singhavon (Nort) 🇨🇳🇨🇦 retweeted
Avant Brands Reports Q1 2026 Results Highlighted by 37% Growth in Recreational Revenue Read the full release here: loom.ly/4-e2tQw #AvantBrands #AVNT #AVTBF
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Norton Singhavon (Nort) 🇨🇳🇨🇦 retweeted
Our debt load is very very realistic vs revenue profile at this point. $2.68M unsecured convert, and $727,000 on the NFS credit facility. And we just fully retired the $9.5M secured convert end of last year… remember when I stated on an earnings call that if we had any issues on the $9.5M convert, I would pick up the phone, call them and restructure it, and then I did exactly just that… Debt can be a scary thing, but not if it’s with friendly groups, and a manageable amount. I think we have proven to shareholders that we are grown adults capable of managing and repaying our financial obligations. It’s time the market start treating us like one…
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Avant Brands Reports Audited Fiscal 2025 Results with 19% Recreational Revenue Growth ▪️Record Operating Cash Flow: Generated $5.7 million in operating cash flow, up significantly from $0.5 million in FY 2024. ▪️Recreational Revenue Growth: Increased 19% to $14.8 million, driven by blk mkt™ and Tenzo™ brand momentum. ▪️Gross Profit Improvement: Achieved $4.6 million gross profit, reversing the $1.7 million gross loss in FY 2024. ▪️Positive Adjusted EBITDA: Delivered $2.1 million in Adjusted EBITDA, with positive results in three of four quarters. Fiscal 2025 marked the moment Avant's operational discipline met its brand potential. We moved aggressively to optimize our cost structure, resulting in a record $5.7 million in operating cash flow and a significant gross profit improvement. Our ability to grow recreational revenue by 19% while the broader industry faced headwinds proves that our 'quality-first' strategy is winning. We've cleaned up the balance sheet, repaid approximately $4.5 million in debt, and fully retired our largest convertible debenture, positioning Avant as a leaner, stronger, and more profitable leader heading into 2026.
Avant Brands Reports Audited Fiscal 2025 Results with 19% Recreational Revenue Growth Read the full release here: loom.ly/upP7qlk #AvantBrands #AVNT #AVTBF
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Norton Singhavon (Nort) 🇨🇳🇨🇦 retweeted
🚨BREAKING: President Trump signs order reclassifying marijuana from Schedule I to Schedule III, placing it alongside drugs like Tylenol with codeine. "I promised to be the president of common sense. That's exactly what I am doing."
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Avant Brands Fully Repays $9.5M Secured Convertible Debenture In 2023, we made bold investments at scale—acquiring 3PL and Flowr in parallel, to establish a platform capable of supporting sustained growth. We are pleased to have retired every dollar of this acquisition-related debt. This significant milestone, alongside the $4 million in total debt reduction achieved during Fiscal Year 2025, is a result of the Company’s execution, discipline, and long-term commitment to shareholder value. Our balance sheet is significantly stronger, our core assets are unencumbered, and we are well-positioned for the next phase of profitable growth. This repayment marks the fifth loan the Company has fully retired in its history, bringing total debt repaid to more than $21 million. This record demonstrates Avant’s ability to service debt, meet its obligations, and consistently deliver on its commitments while continuing to strengthen its balance sheet. accessnewswire.com/newsroom/… $AVTBF $AVNT $AVNT.TO
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Avant Brands Announces Results for Q3 2025 Gross and net revenue increases: Quarterly gross revenue increased 13% to $10.8 million, while net revenue increased 11% to $9.4 million as compared to Q3 2024, driven by sustained international and domestic demand for premium cannabis. Gross profit: Year to date (“YTD”) gross profit increased to $3.1M, representing a 3851% increase compared to YTD Q3 2024. Adjusted EBITDA¹: Achieved adjusted EBITDA¹ of $0.2 million, marking the eighth consecutive quarter of positive adjusted EBITDA¹. Net cash flows generated from operating activities: YTD net cash flows generated from operating activities increased 111% to $3.7 million as compared to YTD Q3 2024. Avant’s performance this quarter reflects both the strength of our international partnerships and the resilience of our Canadian platform. By consistently supplying premium cannabis at scale, we continue to earn the confidence of distributors in markets such as Germany, Israel, and Australia, while reinforcing our leadership in Canada’s recreational market. With disciplined cost management and a sharpened focus on high-performing SKUs, Avant is building lasting brand equity in Canada and on the global stage
Avant Brands Announces Results for Q3 2025 Read the full news release: loom.ly/UVCV2E8 #AvantBrands $AVNT $AVTBF
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Norton Singhavon (Nort) 🇨🇳🇨🇦 retweeted
Avant Brands Recognized as One of Canada’s Top Growing Companies by The Globe and Mail for Third Consecutive Year Read the full news release: loom.ly/YSDJ804 #AvantBrands $AVNT $AVTBF #TopGrowing25
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Norton Singhavon (Nort) 🇨🇳🇨🇦 retweeted
Replying to @realjordancage
People are missing this: F-20—our biggest monthly debt at $150K—is gone starting October. NFS drops from $120K to $60K in August 2026, then it's gone three months later. Major debt relief incoming.
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We've been quiet, but trust—there's always something in motion behind the scenes. And to our Canadian rec supporters: we hear you. Don’t mistake silence for neglect. We're locked in and still pushing hard on home turf!
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Yesterday I witnessed someone smoking crystal meth directly within 1 foot of the entrance of Toys R Us. A location that also has a Babies R Us section. He then proceeded to yell and scream at random people. Including a mother with two toddlers. Why is this type of behaviour being tolerated? @ToysRUs @MarkJCarney @Dave_Eby @KelownaRCMP @cityofkelowna
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Avant continues to deliver revenue growth in a challenging environment, driven by robust international demand for premium cannabis and consistent execution across our operations. With increases in Gross Revenue, Export Wholesale Revenue, and Gross Profit as compared to Q1 2024, Avant continues to demonstrate its ability to perform in any environment. We remain focused on scaling our global footprint while delivering sustainable, long-term value. $AVNT.TO $AVTBF
Avant Brands Reports Q1 2025 Results Read the full news release: loom.ly/x6UDgMM #AvantBrands #AVNT #AVTBF
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Recent M&A activity values a cannabis company at 5.9x EBITDA. Avant Brands pulled in $9.6M EBITDA in FY24. You do the math. At some point, the disconnect eventually corrects itself—one way or another. $AVNT.TO $AVTBF
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If they hit 2,000 — I might just have to make a guest appearance 🤔
Replying to @nort604
@nort604 Interest in Avant is growing. Your work has just begun, but people are starting to notice what you’re doing with the company. Victory is inevitable. $AVNT.TO $AVTBF
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