Here it for u read and the link !!!$$$ADVT
https://insiderfinancial.com/advantis-corp-otcmktsadvt-in-the-right-place-at-the-right-time/175230/
ByJim BloomPosted on February 1, 2018 SHARE TWEET SHARE EMAIL COMMENTS
ADVANTIS Corp (OTCMKTS:ADVT) has been reaping the rewards of the new cannabis law in California. It has received a record level of orders and is entering into new partnerships to support its operations structure. In this piece, we give you the highlights of Advantis’ recent moves and what to expect going forward.
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Company Profile
Advantis Corporation (ADVT) is a firm which engages in on helping people take control of their health and pain management needs. Through the creation of strategic collaborations with similar innovative companies in the alternative health care and nutraceutical industries, the company is well positioned to deliver the guidance and support required to provide products and services that address the needs of these persons. Besides this, the acquisition of ownership stakes in some developing companies has allowed Advantis to deliver consultation to expand distribution channels, improve product lines and heighten brand value. With the pain management and healthcare sectors forecasting staggering growth, Advantis identifies and partners with companies who have the potential to take advantage of the trend.
Recent Developments
In January 2017, Advantis reported that it had received its highest number of Amster-Can requests as a direct consequence of the legal cannabis law going into effect this month in California. The packaging laws that the recreational cannabis industry must follow requires child-proof lids along with specific package and labeling requirements. Advantis has tailored the Amster-Can product to stick to all legal expectations; this has led to significant increase in orders received from the recreational use market.
Chief Executive Officer, Darren Cherry went on to add that in California which has one of the largest economies in the world the cannabis market has been predicted to earn revenues of over $6 billion a year. Cherry explained that management has tried to put the firm in a better position while working to improve the brand over the past year. As the preeminent supplier of packaging solutions in the state, and in places such as Oregon and Nevada, management has plans to step up its marketing efforts and expansion plans going forward.
The packaging and labeling laws contained within the California law provide Advantis with a significant market and brand advantage. Recreational purveyors are moving to supply pre-packaged products, as opposed to the standard non-child proof medicine containers that medicinal users have been used to. Amster-Can adheres to state labeling laws while allowing for branding and marketing opportunities; it also provides the child-proof lids.
In the same month, Advantis wrapped up its agreement with Las Vegas’ Player’s Network, a differentiated holding company which operates in marijuana and media, a majority owner of Greenleaf Farms, a fully licensed cultivator and producer of marijuana within Nevada. The full details of the agreement include Advantis packaging solutions, other Amster-Can products, and media-related benefits where synergies exist through WeedTV, a cannabis social platform and video network owned by Players Network that will help assist in the marketing of marijuana canning.
The Advantis advantage is a patented cannabis canning technology, which allows the select flower to be sealed within a can. The cans are then injected with nitrogen that replaces the air and seals in the product’s freshness for years.
Greenleaf Farms anticipates that it will quickly ramp up to full canning production with its first crop in the spring of 2018. The 27,000-square foot Greenleaf cultivation and production facility is in North Las Vegas and can expand to over 50,000 square feet.
Chief Executive of Advantis, Darren Cherry explained that with its packaging being noticed all over the state that requires pre-packaged cannabis, Amster-Can would have the chance to gain some exposure to recreational users from anywhere on the globe; either by going into dispensaries or by observation of the product on WeedTV. He added that he anticipates over 25% revenue increase from this agreement.
Financial Performance
Close observation of the firm’s statement of comprehensive income reveals that revenues grew by 27% year on year, rising from $36,000 to $46,000 in 2016. However, the firm recorded a net loss a reversal from the previous year’s profit, due to increased selling, general and administrative expenses along with other costs.
The firm is highly leveraged as a significant portion of its liabilities consists of term debts which are likely to accrue interests. Its low liquidity of 0.11 means the company is expected to raise new cash soon, except it can increase its revenues within the required time.
Conclusion
Considering the cannabis industry landscape, ADVT has the potential to keep growing to record levels.
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Disclosure: We have no position in ADVT and have not been compensated for this article.
Image courtesy of Thomas Hawk via Flickr
RELATED ITEMS:ADVANTIS CORP, ADVANTIS CORP (OTCMKTS:ADVT), CANNABIS, CANNABIS STOCKS, FEATURED, OTCMKTS:ADVT, PLAYERS NETWORK
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