Avant Brands Reports Positive Financial Growth in Q2 2025

Avant Brands Inc., a prominent cannabis producer, reported notable financial results for Q2 2025. Gross revenue rose by 3% to $9.7 million, while net revenue saw a similar increase to $8.5 million compared to the same period in the previous year. A significant factor was the rise in export wholesale revenue, which climbed 11% to $4.1 million, driven by demand in international markets like Germany and Israel.

While domestic wholesale revenue surged by 31%, recreational revenue saw a 14% decrease due to a strategic shift towards high-margin products. Avant's adjusted EBITDA reached $1.2 million for the quarter, marking the sixth consecutive period of positive results. The company focused on enhancing global operations, prioritizing international brand recognition amidst growing global demand.