Avant Brands Expands Global Footprint with BLK MKT™ Launch in Australia

Avant Brands Inc., a leading Canadian producer of craft cannabis, has entered into an exclusive trademark licensing agreement with Nectar Portfolio Pty Ltd., an Australian medicinal cannabis importer and distributor. This agreement marks Avant's strategic entry into the rapidly growing Australian medical cannabis market, introducing its renowned BLK MKT™ brand.

This partnership enhances Avant's international presence, with the BLK MKT™ brand now available in Canada, Australia, Germany, Israel, and Switzerland. Avant is actively exploring additional global markets. The BLK MKT™ products will be cultivated in Canada and are expected to be available to Australian consumers in the coming months.

Nectar Portfolio will exclusively market, sell, and distribute BLK MKT™ dried cannabis in Australia for a two-year term. The products will meet Australian medicinal cannabis standards, ensuring compliance with local regulations. Avant will receive its standard international sales price and an additional royalty fee on Nectar's net sales.