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16.07.25 - 16:01
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Nevis Brands Inc. Announces Strategic Distribution Agreement with Z.T. Distribution Inc. for Hemp-Derived THC Beverages (The Newswire)
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Seattle, WA – July 16, 2025 – TheNewswire – Nevis Brands Inc. (CSE: NEVI, US OTC: NEVIF) ("Nevis" or the "Company"), a leading innovator in cannabis and hemp-derived beverage brands, is thrilled to announce a pivotal distribution agreement with Z.T. Distribution Inc. ("ZT"), a prominent distributor of consumer packaged goods serving over 1,000 grocery stores and retailers across Wisconsin, Minnesota, and Illinois. This partnership marks a significant milestone in Nevis Brands' mission to expand its market presence and bring its flagship hemp-derived THC beverage, Happy Apple™, to new consumers in the Midwest.
Under the terms of the agreement, ZT. has been appointed as the exclusive distributor for Nevis Brands' Happy Apple™ product line in Wisconsin and select territories in Minnesota and Illinois. ZT Distribution, with over a century of expertise in distributing high-quality consumer goods, brings an extensive network and proven track record to the partnership. T...
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14.07.25 - 23:01
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Nevis Brands Reports Q2 2025 Results: Revenue Growth, Stable Gross Margin (The Newswire)
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July 14, 2025 – TheNewswire - Seattle, WA – Nevis Brands Inc. (CSE: NEVI | OTCQB: NEVIF | FSE: 8DZ) (“Nevis” or the “Company”), a leading innovator in the cannabis beverage industry, today announced its financial results for the second fiscal quarter ended May 31, 2025. Unless otherwise noted, all figures are in Canadian dollars.
Q2 2025 Financial Highlights
Revenue: $418,745 (VS Q1: $416,355)
Gross Profit: $315,228 (VS Q1: $315,345)
Net Loss: $(92,458) (VS Q1 Net Income: $60,430)
EBITDA: $-16,226 (VS Q1: $135,038)
The Company posted a modest increase in revenue this quarter VS Q1, driven by stable revenues it its licensed markets and the early performance of its hemp-derived THC product line. At 75%, Gross Profit remained stable quarter-over-quarter, reflecting the strength of Nevis' capital-light licensing model, which allows the Company to generate high margins with relatively low overhead.
While revenue and margin performance were steady, the quarter's earnings were ...
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13.05.25 - 14:30
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Nevis Brands Announces the launch of Major(TM) in Illinois, new distribution of Happy Apple(TM) in North Carolina, South Carolina (The Newswire)
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May 13th, 2025 – TheNewswire - Seattle, WA - Nevis Brands Inc (CSE: NEVI, US OTC: NEVIF) ("Nevis" or the "Company") a leading provider of cannabis beverages brands, today reported the following corporate update:
Illinois
The Company has received state approvals for its product and packaging and has completed initial production
Major(™) 100mg 2 oz shots are now on sale in numerous dispensaries in the Chicago area with the flavors of Fruit Punch, Blackberry Lemonade and Blueberry
Happy Apple(™) Hemp Derived THC sales
The Company has established an agreement with a leading distribution partner in North Carolina and is in the process of expanding its retail presence in North Carolina and South Carolina bars and specialty beer and wine outlets.
Nevis will recognize revenue from Happy Apple in fiscal Q2
The Company is developing online demand for Happy Apple purchases at www.nevishemp.com using influencers and online marketing. The Company has developed an Instagram pre...
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17.04.25 - 15:00
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Nevis Brands Reports Financial Results for Q1 2025 (The Newswire)
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* Generated revenue of $416,355 in Q1 2025 VS $258,155 in Q4 2024, an increase of 61% over the prior quarter.
* Cost of goods sold were $92,663 for a Gross Profit of $323,722. Gross Margin on 78%
* Nevis reported Net Income of $60,430. Earnings excluding Interest, Depreciation, and Amortization were $135,038
Seattle, WA – TheNewswire - April 17, 2025 - Nevis Brands Inc (CSE: NEVI) (OTCQB: NEVIF) ("Nevis" or the "Company") a leading provider of cannabis beverages brands, today reported its financial results for the first fiscal quarter, ending February 28th, 2025. All currency references used in this news release are in Canadian currency unless otherwise noted.
For the quarter, Nevis generated $416.355 in revenue and Cost of Goods Sold of $92,633 for a Gross Profit of $323,722. Net income for the quarter was $60,430. When excluding Interest, Depreciation and Amortization the Company's earnings were $135,038,.
Management Commentary:
John Kueber, CEO of Nevis Brands, com...
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28.03.25 - 14:00
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Nevis Brands Reports Financial Results for Fiscal Year 2024 (The Newswire)
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March 28, 2025 – TheNewswire - Seattle, WA - Nevis Brands Inc (CSE: NEVI) ("Nevis" or the "Company") a leading provider of cannabis beverages brands, reported its financial results for the fiscal year 2024 and fourth quarter, ending November 30th, 2024. All currency references used in this news release are in Canadian currency unless otherwise noted.
Fiscal Year 2024
Revenue of $1,555,030 in 2024 VS $671,545 in FY 2023
Cost of Goods sold:were $473,572 in FY 2024 vs $278,604 in FY 2023
Net loss on the year was $362,481 vs $399,772 When excluding Interest, Depreciation and Amortization, loss for the year was $57,722
Fourth Quarter:
Revenue of $258,155 in Q4 VS $474,584 in Q3 2024
Cost of goods sold were $55,075 VS $135,433 in Q3
Net loss: $230,338
Management Commentary:
Regarding FY 2024:
John Kueber, CEO of Nevis Brands, commented, “We are pleased to conclude our fiscal year, which was the first full year of operating as Nevis Brands. We ar...
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20.02.25 - 15:30
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Nevis Brands Announces Related Party Loan (The Newswire)
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February 20, 2025– VANCOUVER, BRITISH COLUMBIA – TheNewswire - Nevis Brands Inc. (CSE: NEVI) (OTCQB: NEVIF) (FSE: 8DZ) (the “Company” or “Nevis”), announces that it has entered into a US$100,000 loan from John Kueber, a director and officer of the Company (the “Kueber Loan”). To evidence the Kueber Loan, the Company issued to Mr. Kueber an unsecured promissory note in the principal amount of US$100,000, which bears interest at a rate of 10% per annum and matures on February 15, 2026 (the “Kueber Note”). The Company may prepay the Kueber Note at any time, or from time to time, without penalty.
The proceeds from the Kueber Note were used by the Company to make a partial repayment of the outstanding principal amount and accrued interest owed by the Company to SoRSE Technology Corp. pursuant to a promissory note dated June 30, 2023, as amended on July 22, 2024 (the “SoRSE Note”). For further details regarding the SoRSE Note, please see the Company's news releases dated June 30,...
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