Avant Brands Announces Winning Bid to Purchase The Flowr Group (Okanagan) Inc.

Dec 08, 2022

Avant 50% joint venture wins bid to purchase Flowr Okanagan, including Flowr's Kelowna operation, for approximately $4.015 million and $1.1 million in shares of Avant, plus certain wind-down costs in connection with the Flowr Group's insolvency proceedings
Provides Avant with combined facilities of approximately 185,000 square feet
Expected to increase Avant's production capabilities by 60%
Resulting in Avant being one of the largest indoor, ultra-premium producers in Canada

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