GTEC Holdings
GTEC Holdings (operating as Avant Brands Inc.) is a publicly traded Canadian boutique craft cannabis producer that cultivates, produces, and sells handcrafted small-batch recreational and medical cannabis through its own four purpose-built facilities, serving consumers in Canada and select European markets.
- Company typePublic
- Founded2017
- HeadquartersKelowna, Canada
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What GTEC Holdings does
GTEC Holdings operates as Avant Brands Inc., a publicly traded Canadian boutique craft cannabis producer headquartered in Kelowna, British Columbia, and listed on the TSX under AVNT (also cve:GTEC). The company was formed in 2017 to focus on the highest grade Canadian boutique craft cannabis production and employs 51-100 staff across its operating footprint.
The company produces handcrafted, small-batch cannabis from four purpose-built cultivation facilities using its own exclusive collection of rare cultivars and proprietary production processes designed to ensure cultivation, packaging, and quality consistency. Its product portfolio centers on the core Avant brand, which is positioned as an industry leader of small-batch, superior quality cannabis, and is complemented by sub-brands including BLK MKT, for which the company has reclaimed brand rights for European markets including Germany and Switzerland.
GTEC generates revenue primarily through one-time sales of recreational and medical cannabis products across Canadian retail and prescription channels, with distribution via province-aligned recreational retail and direct medical channels, and reselling partnerships into select European markets. Reported Q3 net revenue was $9.4M CAD with $3.1M CAD of gross profit, and Q1 2026 results highlighted 37% growth in the recreational segment, supporting a premium-priced, small-batch positioning rather than commodity wholesale scale.
GTEC Holdings firmographics
Firmographics- Name
- GTEC Holdings
- Legal name
- Avant Brands Inc.
- Website
- https://gtec.co
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- GTEC Holdings (operating as Avant Brands Inc.) is a publicly traded Canadian boutique craft cannabis producer that cultivates, produces, and sells handcrafted small-batch recreational and medical cannabis through its own four purpose-built facilities, serving consumers in Canada and select European markets.
- Ownership category
- akta.pro rank
GTEC Holdings industry classification
Industry- Product category
- Cannabis Production
- SIC
- Tobacco Products (2100)
- akta.pro primary industry
- Cannabis Dispensary + Ancillary Retail (Accessories, CBD/Hemp, Merchandise) (CRANAFAH)
Keywords
Where GTEC Holdings is headquartered
LocationHeadquarters
- HQ city
- Kelowna
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
GTEC Holdings business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Cannabis Product Sales: Revenue generated from selling recreational and medical cannabis products through multiple brands. The company operates across recreational and medical channels with production facilities across Canada.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels2 records
GTEC Holdings product offering
Product offeringCore offering
GTEC Holdings, operating as Avant Brands, produces and distributes premium handcrafted, small-batch cannabis products through four purpose-built Canadian cultivation facilities. Its portfolio of proprietary brands—including the flagship Avant and sub-brand BLK MKT—is built from an exclusive collection of rare cultivars and sold across recreational and medical channels in Canada, with strategic expansion into European markets.
Product overview
Avant Brands operates as a multi-brand cannabis producer offering handcrafted, small-batch, superior quality cannabis products across recreational and medical channels. The company produces all premium brands through its four purpose-built cultivation facilities using its exclusive collection of rare cultivars. The product portfolio centers on the Avant core brand complemented by sub-brands including BLK MKT, with operations spanning Canada and expanding into European markets.
Differentiator
Problem solved
Functional benefit
Brands
- Avant: An industry leader of handcrafted, small-batch, superior quality cannabis products. Forward-thinking consumer-focused brand.
- BLK MKT
Products and services
- Avant Flagship brand of handcrafted, small-batch, superior quality cannabis products produced from the company's exclusive rare-cultivar collection, offered through recreational and medical channels in Canada. Positioned as an industry leader setting future industry trends.
- BLK MKT Premium cannabis sub-brand with active operations in Germany and Switzerland, produced under the company's small-batch methodology.
Quantifiable outcome
- 37% growth in recreational revenue
Companies that use GTEC Holdings
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
GTEC Holdings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
GTEC Holdings partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights5 records
GTEC Holdings competitors and assessment
Company assessmentBroad incumbents
- Canopy Growth Corporation: Major Canadian cannabis incumbent with diversified recreational, medical, and CPG brands. Operates in the same Canadian distribution channels and competes for shelf and consumer share.
- Aurora Cannabis: Large Canadian licensed producer with significant cultivation footprint and Canadian/European presence. Industry-wide benchmark for facility-driven cultivation economics that frame Avant's smaller scale.
- Cronos Group: Canadian-headquartered cannabis operator with brand portfolio including PEACE NATURALS and spinach FEEL GOOD. Competes with Avant across Canadian recreational channels and international markets.
- Tilray Brands: Large Canadian licensed producer with extensive brand portfolio across recreational, medical, and European markets. Broader incumbent that competes on the same shelves as Avant and shares its multi-jurisdiction strategy.
Regional players
- Greenlane Holdings: Cannabis accessories and lifestyle distributor serving North American dispensaries. Comparable in adjacent categories (cannabis ancillary distribution) even though it does not produce flower.
Direct peers
- OrganiGram Holdings: Canadian licensed producer of recreational and medical cannabis with multi-brand strategy and focus on premium flower. Compares directly to Avant's boutique positioning and Canadian distribution model.
- Rubicon Organics: Boutique Canadian organic cannabis producer with premium brand positioning (Simply Bare, 1964). Closest small-cap analog to Avant's handcrafted, high-quality thesis and recreational-channel growth story.
- Cannara Biotech: Quebec-based Canadian cannabis producer with multiple indoor cultivation facilities serving recreational and medical channels. Comparable mid-cap LP with cultivation-led model similar to Avant.
- Village Farms International: Canadian-headquartered cannabis producer with cultivation facilities and Canadian/European distribution. Overlaps with Avant on cultivation scale, multi-channel sales, and THC flower focus.
- Decibel Cannabis Company: Canadian cannabis producer focused on premium flower brands (Qwest, general admission). Direct small-cap comp with multi-brand cultivation and recreational distribution model.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key highlights6 records
Customer concentration
GTEC Holdings social profiles
Digital presenceGTEC Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
GTEC Holdings leadership team
Management profileNumber of profiles
Profiles1 record
GTEC Holdings funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GTEC Holdings M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GTEC Holdings
What does GTEC Holdings do?
GTEC Holdings, operating as Avant Brands, produces and distributes premium handcrafted, small-batch cannabis products through four purpose-built Canadian cultivation facilities. Its portfolio of proprietary brands—including the flagship Avant and sub-brand BLK MKT—is built from an exclusive collection of rare cultivars and sold across recreational and medical channels in Canada, with strategic expansion into European markets.
Is GTEC Holdings a public or private company?
GTEC Holdings is a public company. It is classified as public and is currently operating.
When was GTEC Holdings founded?
GTEC Holdings was founded in 2017. It employs 51 to 100 people.
Where is GTEC Holdings based?
GTEC Holdings is headquartered in Kelowna, Canada, in the North America region.
How does GTEC Holdings make money?
One revenue line is on record: cannabis Product Sales.
Who are GTEC Holdings's main competitors?
Broad incumbents on record are Canopy Growth Corporation, Aurora Cannabis, Cronos Group and Tilray Brands. Greenlane Holdings is listed as a regional player. Direct peers are OrganiGram Holdings, Rubicon Organics, Cannara Biotech, Village Farms International and Decibel Cannabis Company.
Does GTEC Holdings have an API?
No public API is recorded for GTEC Holdings.
What industry is GTEC Holdings in?
GTEC Holdings's product category is Cannabis Production. Its primary akta.pro industry code is CRANAFAH, Cannabis Dispensary + Ancillary Retail (Accessories, CBD/Hemp, Merchandise). Its SIC code is 2100.