Toronto Stock Exchange · Healthcare
Invest in Avant Brands stock from India
Indian and foreign residents can buy Avant Brands (AVNT) shares directly through Paasa.
By Paasa · Updated
Avant Brands at a glance
- Price
- CA$0.55-CA$0.06 (9.84%)
- Market cap
- CA$8.40M
- Day range
- CA$0.55 – CA$0.55
- P/E
- -0.57
- Dividend yield
- None
- Volume
- 0.00
- 1 month
- -11.29%
- 6 months
- -22.54%
- YTD
- -38.89%
- 1 year
- -40.22%
- 5 years
- -96.30%
Avant Brands statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$35.9M | CA$35.8M | CA$26.3M | CA$20.1M | CA$9.5M |
| Gross profit | −CA$3.7M | −CA$1.7M | CA$12.4M | CA$3.9M | CA$664.0K |
| Operating income | −CA$14.4M | −CA$13.3M | −CA$1.5M | −CA$8.5M | −CA$5.4M |
| Net income | −CA$9.9M | −CA$22.6M | −CA$5.1M | −CA$7.5M | −CA$11.2M |
| Earnings per share | −CA$0.88 | −CA$2.30 | −CA$0.61 | −CA$1.20 | −CA$1.80 |
| EBITDA | −CA$13.8M | −CA$19.5M | CA$4.5M | −CA$1.9M | −CA$9.6M |
| Total assets | CA$49.2M | CA$59.5M | CA$82.6M | CA$67.0M | CA$50.6M |
| Total debt | CA$15.3M | CA$17.0M | CA$18.7M | CA$3.0M | CA$623.0K |
| Cash and short-term investments | CA$1.5M | CA$1.7M | CA$794.0K | CA$6.8M | CA$14.5M |
| Shareholders' equity | CA$24.8M | CA$32.9M | CA$49.3M | CA$43.9M | CA$47.9M |
| Operating cash flow | CA$5.7M | CA$507.0K | CA$5.4M | −CA$3.5M | −CA$5.6M |
| Free cash flow | CA$5.7M | CA$401.0K | CA$1.9M | −CA$4.9M | −CA$6.2M |
| Capital expenditure | −CA$33.0K | −CA$106.0K | −CA$3.6M | −CA$1.4M | −CA$594.0K |
Fiscal years as reported, the latest ending 30 Nov 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Captiva Verde Wellness | PWR.CN | $0.10 | $30.51M |
| Mountain Valley MD | MVMD.CN | $0.07 | $24.66M |
| Mydecine Innovations | MYCO.NE | CA$0.35 | CA$21.42M |
| Lobe Sciences | LOBE.CN | $0.08 | $21.31M |
| Crescita Therapeutics | CTX.TO | CA$0.79 | CA$14.71M |
| CLS Holdings USA | CLSH.CN | $0.04 | $8.11M |
| Mercanto | MUSH.V | CA$0.12 | CA$6.20M |
| 1933 Industries | TGIF.CN | $0.01 | $5.21M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Avant Brands from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search AVNT and buy
Find Avant Brands by name or by its ticker, AVNT, and place your order.
Why invest in Avant Brands from India
What Avant Brands does
Avant Brands Inc. operates in Canada, focusing on the cultivation, production, and commercialization of high-quality cannabis products. The company provides both medical and recreational cannabis options, marketed under distinct brands including BLK MKT, Tenzo, GreenTec, cognoscente, Treehugger, and Pristine. Avant Brands operates in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Avant Brands stock from India?
Yes. Indian residents and NRIs can buy Avant Brands (AVNT) shares directly through Paasa. Avant Brands is listed on the Toronto Stock Exchange, in the Drug Manufacturers - Specialty & Generic industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Avant Brands shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.