KELOWNA – Avant Brands Inc (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BUP), a producer of handcrafted, high-quality cannabis products, announced 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.
Avant 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.
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