Avant Brands adjusted EBITDA turns to loss of $1.2 million in Q2 FY26; net revenue falls 8% to $7.8 million

• Avant Brands posted Q2 ended May 31, 2026 net revenue of $7.8 million, down 8% from a year earlier.
• Recreational revenue climbed 31% to $3.8 million, while export wholesale revenue fell 29% to $2.9 million.
• Adjusted EBITDA swung to a loss of $1.2 million from a profit of $1.2 million, due to Flowr room closures and the annual regulatory fee timing.
• Cash rose to $3.3 million from $1.5 million at fiscal 2025 end; six-month operating cash flow was $1.7 million.
• Interest-bearing debt was cut to $1.03 million from about $8.1 million in Q3 2024; CEO Norton Singhavon said nearly $2 million of Flowr upgrades will lift capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avant Brands Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607150830ACCESSWRNAPR_____1191087) on July 15, 2026, and is solely responsible for the information contained therein.