Cannabis is an overblown sector, heavily saturated with little profit margins. The heyday of exploding market caps, has come to an abrupt halt as growers, distributors and extractors fight for a slice to somehow justify their distorted valuations.
Sounds depressing? Well, amongst the zombie cannabis ventures, there are a few examples of business done well and the companies steadily and quietly building real value, like Avant Brands (AVNT.T).
Equity Guru founder, Chris Parry, illustrates the story behind Avant’s value and why investors should be putting Avant on their radar, if not in their portfolio as a long term value play.