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Bullboard - Stock Discussion Forum Nevis Brands Inc C.NEVI

Alternate Symbol(s):  NEVIF

Nevis Brands Inc., formerly Pascal Biosciences Inc., provides cannabis brands throughout the United States. The Company provides products in Washington, Oregon, California, Ohio, Arizona and Colorado through partners and licensees. Its products include the flagship brand Major, which is a cannabis beverage. Major is a high-dose tetrahydrocannabinol (THC) beverage that delivers a consistent... see more

CSE:NEVI - Post Discussion

Nevis Brands Inc > NEVIS BRANDS INC. Announces Licensing Agreement and Expansio
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Post by Traderstock101 on Jan 24, 2024 10:10am

NEVIS BRANDS INC. Announces Licensing Agreement and Expansio

 

NEVIS BRANDS INC. Announces Licensing Agreement and Expansion of Major™ brands to Missouri, Partnering with Stash House.

 

2024-01-24 08:42 ET - News Release

 

NEVIS BRANDS INC. Announces Licensing Agreement and Expansion of Major™ brands to Missouri, Partnering with Stash House.

Canada NewsWire

  • The Company has secured a licensing agreement with Stash House MO, Inc. to produce and distribute Major™ (www.drinkmajor.com)
  • The Company anticipates production and distribution to begin in April 2024
  • With expansion to Missouri, Major (™) has grown its market footprint to a total of 9 states.

SEATTLE, WAJan. 24, 2024 /CNW/ - Nevis Brands Inc. (CSE: NEVI) ("Nevis," "Nevis Brands" or the "Company"), a leading provider of cannabis beverage products, announced today it has executed a licensing agreement with Stash House's Missouri operation, Stash House MO, Inc. ("Stash House") – to exclusively produce and distribute Major(™) in the state of Missouri.

Stash House has licensed the full lineup of Major(™) (www.drinkmajor.com) and will lead with the production of Major (™) shots.  Major is a dosable 100mg THC beverage that delivers the effects of cannabis within 10-20 minutes of consumption. Over 5 million bottles of Major(™) have been sold since its initial launch in Washington State in 2019.

Missouri saw cannabis sales of $1.3 Billion in 2023 (Source: Missouri's Division of Cannabis Regulations).  "Missouri has been a target market of ours for some time and we are pleased to be working with a partner that is a leader in both production and distribution of edible cannabis products," said John Kueber, CEO of Nevis Brands. "We look forward to collaborating with Stash House and serving consumers in Missouri".

Missouri represents the 9th state for Major (™) to be licensed for production.  Major is currently sold in WashingtonOregonArizonaOhioColorado and Nevada.  The Company is also preparing for production in California and Michigan.

ABOUT NEVIS BRANDS

Nevis innovates and develops cannabis products that have been consumed by millions of consumers across WashingtonOregonColoradoArizonaNevadaOhio and next year in California. Led by our flagship brand Major™ (www.drinkmajor.comNevis partners with leading cannabis product manufacturers and distributors to enhance their product offerings.

Nevis Brands Inc. is publicly traded on the CSE under the symbol "NEVI," OTC under PSCBF and the Frankfurt Stock Exchange symbol under the symbol "8DZ".

ABOUT STASH HOUSE

Stash House manufactures and distributes a wide variety of cannabis finished form products to meet the needs of dispensary customers. They've solidified market strength by partnering with some of the most recognized national brands. Stash House's technology platform enables brand transparency and puts stress-free dispensary ordering at its customers' fingertips. This technology platform, coupled with a robust experience in distribution and sales, separates Stash House from the rest of the market. In addition to Missouri, Stash House currently operates in OklahomaNew Mexico, and Mississippi, with additional plans for future growth in 2024. Learn more at www.stashhousedistro.com.
 

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/January2024/24/c9811.html

Contact:

 

John Kueber, CEO - Investor Relations - investors@nevisbrands.com - Tel: 425-380-2151; www.nevisbrands.com

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