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Nevis Brands Inc. Announces Fiscal 2025 Financial Results: Achieves Positive Operating Cash Flow And Double-Digit Q4 Revenue Growth
Thenewswire· 2026-03-18 20:50
Core Insights - Nevis Brands Inc. achieved positive cash flow from operating activities for the fiscal year ended November 30, 2025, marking a significant turnaround from the previous year [1][4] - The company reported a substantial revenue increase of 47.9% in Q4 2025 compared to Q4 2024, with revenues reaching $381,748 [4] - Total revenue for fiscal 2025 was $1,695,656, reflecting a 9.4% growth over the previous fiscal year [4] Financial Highlights - The company generated $62,102 in net cash from operating activities for the year, a recovery from a cash usage of $120,499 in the prior year [4] - Nevis reported a net loss of $275,071 for the year, which includes significant non-cash expenses; excluding these, the operational loss was reduced to $18,716 [4] - Gross profit for the year was $1,037,849, representing a 4% increase from the prior year and accounting for 64% of total revenue [4] Operational Highlights - Nevis expanded its flagship Major™ brand into new states, including Illinois and New Mexico, within the regulated cannabis dispensary market [4] - The company launched several new product formulas and flavors, including Mojito, Apple Peach, Sugar Free Lemonade, Gingerade, Major with CBG, and Major Sleep with CBN, with the latter showing promising early performance [4] - Nevis successfully restructured its debt by extending a promissory note with SōRSE Technology to June 30, 2026, enhancing cash flow flexibility [4]
NEVIS BRANDS INC. Announces Corporate Update
Thenewswire· 2025-12-17 14:00
Core Insights - Nevis Brands Inc. has announced significant corporate updates, including product launches and financial agreements, positioning itself for growth in the cannabis beverage market [1][2][3]. Product Launches - The company has relaunched its Major(™) beverages in Arizona, including Major 100mg Fruit Punch, Blackberry Lemonade, and Blueberry, which are now available in multiple dispensaries across the state [1]. - Nevis Brands has secured a purchase agreement for its Happy Apple(™) hemp-derived THC beverages in Ohio, enhancing the brand's presence in a growing market [2]. Financial Developments - Nevis has reached an agreement with SoRSE Technology to make an additional payment of $75,000 towards the remaining $100,000 principal of a note, with plans to pay the remaining $25,000 plus estimated $55,000 in interest by June 2026 [3][4]. - The company aims to complete the payment of the note and allocate additional cash towards expanding its product portfolio in 2026 [4]. Company Overview - Nevis Brands Inc. is focused on building a portfolio of iconic recreational cannabis brands and operates in regulated dispensary markets through strategic partnerships and licensed production facilities [5]. - The company also sells hemp-derived THC products through its website and select distributors [5].
Trulieve Launches Five New Onward and Upward Flavors
Prnewswire· 2025-09-12 12:00
Core Insights - Trulieve Cannabis Corp. has launched a new collection of THC-infused beverages, named "Stronger Sips," which includes five flavors, each containing 10 milligrams of THC [1][2]. Product Launch - The new flavors introduced are Onward Berry Smash, Cosmopolitan, Lemon Drop Martini, Paloma, and Upward Half & Half iced tea & lemonade [1][2]. - These beverages are compliant with the Farm Bill and are available for purchase online and at retail locations in Florida and Illinois [3]. Market Position - Trulieve is recognized as a leading and top-performing cannabis company in the U.S., with significant market presence in states like Arizona, Florida, and Pennsylvania [4]. - The company aims for accelerated growth and expansion through a hub strategy, enhancing retail and distribution capabilities in both new and existing markets [4].
Nevis Brands expands Happy Apple to Carolinas, Major into Illinois - ICYMI
Proactiveinvestors NA· 2025-05-17 14:32
Core Insights - Nevis Brands is expanding its THC-infused beverage brands, Major and Happy Apple, into new markets, including Illinois and the Carolinas [1][2][4] Group 1: Expansion into Illinois - Illinois marks the 10th state for Nevis Brands, with Major already showing impressive uptake in dispensaries after two weeks of market presence [4][6] - The company aims to penetrate 25% of the approximately 250 to 300 active dispensaries in Illinois within the first 60 days, targeting 40 to 50 stores [6] Group 2: Happy Apple Expansion - Happy Apple is expanding into North and South Carolina, leveraging hemp-derived THC regulations that allow for retail distribution across state lines [2][8] - The beverage is positioned to normalize cannabis consumption by being sold in bars alongside alcoholic beverages, which could significantly enhance market acceptance [9][10] Group 3: Market Potential in the Carolinas - The Carolinas have a combined population of around 10 million, with a notable concentration of college-age individuals, indicating a strong market potential for cannabis products [11] - Anecdotal evidence suggests that cannabis is beginning to capture market share from alcohol, with some stores reporting significant revenue from cannabis sales [12][13]
Nevis Brands Announces the launch of Major(TM) in Illinois, new distribution of Happy Apple(TM) in North Carolina, South Carolina
Thenewswire· 2025-05-13 12:30
Company Overview - Nevis Brands Inc is a leading provider of cannabis beverage brands, focusing on Hemp Derived THC products [1][2] - The company is publicly traded on the CSE under the symbol "NEVI," US OTC: "NEVIF," and Frankfurt Stock Exchange symbol "8DZ" [3] Product Launch and Market Expansion - Nevis has launched its Major(™) 100mg THC beverages in Illinois, partnering with Drecisco Farms, aiming to become a top-selling beverage in the state [2] - The company is expanding its retail presence in North Carolina and South Carolina, targeting bars and specialty beer and wine outlets [4] Sales and Revenue Generation - Happy Apple(™) Hemp Derived THC beverages are being sold in multiple states, with a focus on low-dose 5 mg THC options to grow revenues [1] - The company anticipates recognizing revenue from Happy Apple in fiscal Q2 [4] Marketing and E-commerce Strategy - Nevis plans to introduce Happy Apple(™) in traditional retail liquor stores and bars, while also developing an e-commerce platform at www.nevishemp.com [1] - The company is leveraging social media influencers and online marketing to boost online demand for its products [4]