Avant Brands Joins NASDAQ-Listed Cannabis ETF
24 8월 2021 - 9:30PM
Avant Brands Inc (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BUP)
(“
Avant”), a leading producer of handcrafted, high quality
cannabis products, announces that it has been added to the Global X
Cannabis ETF (NASDAQ: POTX), which is listed on the NASDAQ
exchange.“Our recent efforts to expand our investor base by
rebranding with concurrent dual graduations to the Toronto Stock
Exchange and OTCQX have resulted in Avant gaining institutional
exposure,” said Norton Singhavon, Founder and CEO of Avant Brands.
“Our inclusion in the Global X Cannabis ETF will provide us with
the opportunity to continue expanding our exposure to investors and
institutions across North America and globally.”The Global X
Cannabis ETF seeks to invest in companies across the cannabis
industry. This includes companies involved in the legal production,
growth and distribution of cannabis and industrial hemp, as well as
those involved in providing financial services to the cannabis
industry, pharmaceutical applications of cannabis, cannabidiol
(i.e., CBD), or other related uses including but not limited to
extracts, derivatives, or synthetic versions.Global X Cannabis ETF
joins the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) to
include Avant Brands as a portfolio holding in their ETF.
About
Avant BrandsAvant is an innovative, market-leading cannabis
brand house. Avant has multiple licensed and operational production
facilities across Canada, which produce high-quality, handcrafted
cannabis products for our highly desired, and award-winning
consumer brands, sold across both recreational and medical
channels.Avant’s recreational consumer
brands includes BLK MKT™, Tenzo™, Cognōscente™
and Treehugger™, all produced from rare and exceptional
cultivars, and sold in British Columbia, Ontario, Saskatchewan,
Manitoba, New Brunswick, and Yukon. The Company’s medical cannabis
brand, GreenTec™, is distributed nationwide, directly to
qualified patients through its GreenTec Medical portal,
and through various medical cannabis partners.Avant is a publicly
traded corporation listed on the Toronto Stock Exchange (TSX:
AVNT), and cross-trades on the OTCQX Best Market (OTCQX: AVTBF) and
Frankfurt Stock Exchange (FRA: 1BUP). The Company is headquartered
in Kelowna, British Columbia and has operations in British
Columbia, Alberta and Ontario.
CAUTIONARY STATEMENT REGARDING
FORWARD-LOOKING INFORMATION:This news release includes certain
“forward-looking information” as defined under applicable Canadian
securities legislation, including statements regarding the plans,
intentions, beliefs, and current expectations of the Company with
respect to future business activities and operating performance.
Forward-looking information is often identified by the words "may",
"would", "could", "should", "will", "intend", "plan", "anticipate",
"believe", "estimate", "expect" or similar expressions and includes
information regarding: the impacts of the Company’s inclusion in
the Global X Cannabis ETF; and expectations for other economic,
business, and/or competitive factors. Forward-looking information
is necessarily based upon a number of estimates and
assumptions that, while considered reasonable, are subject to known
and unknown risks, uncertainties, and other factors which may cause
the actual results and future events to differ materially from
those expressed or implied by such forward-looking
information. Examples include statements that the Company
will operate in a fiscally disciplined manner; build long-term
shareholder value; reduce operational expenses; or increase its
revenue and gross margins.Investors are cautioned that
forward-looking information is not based on historical fact but
instead reflects management’s expectations, estimates or
projections concerning future results or events based on the
opinions, assumptions and estimates of management considered
reasonable at the date the statements are made. Although the
Company believes that the expectations reflected in such
forward-looking information are reasonable, such information
involves risks and uncertainties, and undue reliance should not be
placed on such information, as unknown or unpredictable factors
could have material adverse effects on future results, performance,
or achievements of the Company. Among the key factors that could
cause actual results to differ materially from those projected in
the forward-looking information are the following: regulatory and
licensing risks; changes in consumer demand and preferences;
changes in general economic, business and political conditions,
including changes in the financial markets; the global regulatory
landscape and enforcement related to cannabis, including political
risks and risks relating to regulatory change; compliance with
extensive government regulation; public opinion and perception of
the cannabis industry; the impact of COVID-19; and the risk factors
set out in the Company’s annual information form dated March 16,
2021, filed with Canadian securities regulators and available on
the Company’s profile on SEDAR at www.sedar.com.Should one or more
of these risks or uncertainties materialize, or should assumptions
underlying the forward-looking information prove incorrect, actual
results may vary materially from those described herein as
intended, planned, anticipated, believed, estimated, or expected.
Although the Company has attempted to identify important risks,
uncertainties and factors that could cause actual results to differ
materially, there may be others that cause results not to be as
anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on forward-looking information, which
speak only as of the date of this news release. The Company
disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result
of new information, future events or otherwise, except as
required by law.
Avant Brands Inc.
1-800-351-6358
connect@avantbrands.ca
Avant Brands (TSX:AVNT)
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Avant Brands (TSX:AVNT)
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