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Bullboard - Stock Discussion Forum Nevis Brands Inc NEVIF


Primary Symbol: C.NEVI

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 Major, which is a cannabis beverage. Major is a high-dose tetrahydrocannabinol (THC) beverage that delivers a consistent cannabis experience... see more

CSE:NEVI - Post Discussion

Nevis Brands Inc > Nevis signs Nevada distribution deal for Major.
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Post by Traderstock101 on Sep 08, 2023 8:44am

Nevis signs Nevada distribution deal for Major.

Mr. John Kueber reports

NEVIS BRANDS INC. ANNOUNCES EXPANSION OF MAJOR BRANDS TO NEVADA

Nevis Brands Inc. has secured an agreement with Silver State Wellness to produce and distribute Major to Nevada cannabis retailers and is now producing Major in Nevada.

 

  • The company has secured a licensing agreement with Silver State Wellness based in Las Vegas Nevada to produce Major.
  • Major is currently being produced and will be available for sale in Nevada cannabis retail stores in September, 2023.
  • With expansion to Nevada, Major has grown its market footprint from five states to six states.

 

"We have long looked forward to working with Major and we are optimistic about the opportunities to build the beverage market in Nevada," said Michael Hayford, chief executive officer of Silver State. "Nevada is a growing market for cannabis beverages and we believe Major is well positioned to have success."

Major will be available in key retailers by Sept. 30. Major will be available in five flavours including Sunset Pink Lemonade, Pacific Blue Raspberry, Sacred Grape, Volcanic Orange Mango and Passionfruit. Major is a dosable 100-milligram THC beverage that delivers the effects of cannabis within 10 to 20 minutes of consumption. According to a Nevada Cannabis Compliance Board report, Nevada marijuana consumers spent $965.1-million in 2022.

"In less than 65 days since our acquisition of the Major brand, we have increased our market footprint by 20 per cent in growing from five states to six states. With the success of the Major brand and our asset-light licensing model, we look forward to moving to more additional markets in the near future," said John Kueber, chief executive officer. "Nevada represents a growing strategic market for Nevis Brands and we are proud to be working with Silver State Wellness to produce and distribute Major."

About Nevis Brands Inc.

Nevis innovates and develops cannabis products that have been consumed by millions of consumers across Washington, Oregon, Colorado, Arizona, Nevada and Ohio. Led by its flagship brand Major, Nevis partners with leading cannabis product manufacturers and distributors to enhance their product offerings.

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