Avant Brands Reports $9.7 Million in Q2 2025 Revenue
TORONTO – Avant Brands Inc., a Kelowna-based Cannabis producer, reported $9.7 million in gross revenue for the second quarter of 2025, covering the three months ended May 31, according to its latest financial disclosure. The company, known for its premium Cannabis products, posted a net revenue of $8.5 million after accounting for excise taxes and discounts, reflecting steady operational activity.
Despite the revenue, Avant recorded a net and comprehensive loss of $4.1 million for the quarter, highlighting persistent challenges in achieving profitability. The financial results, detailed in the company’s Management Discussion & Analysis, highlight Avant’s commitment to maintaining product quality and market presence while overcoming economic challenges. However, the report did not specify operational changes or strategic shifts planned for the remainder of 2025.
Avant’s performance reflects the delicate balance between growth and financial stability. Highly Capitalized Network will monitor the company’s next moves as it seeks to narrow losses while capitalizing on its established brand in the premium Cannabis niche.