InvestmentPitch Media Video Discusses Nevis Brands Expansion of its flagship Major™ THC brands into Nevada
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VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Nevis Brands (CSE:NEVI) (OTC:PSCBF) (FSE:8DZ), a leading provider of cannabis beverage products, has expanded its Major™ brands into Nevada. Nevis has secured a licensing agreement with Las Vegas-based Silver State Wellness to produce and distribute its flagship Major™ THC beverage to Nevada cannabis retailers.
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Major, a dosable 100mg THC beverage that delivers the effects of cannabis within 10-20 minutes of consumption, will be available in key retailers by September 30th. The beverages will be available in 5 flavors including Sunset Pink Lemonade, Pacific Blue Raspberry, Sacred Grape, Volcanic Orange Mango and Passionfruit.
Michael Hayford, CEO of Silver State Wellness, stated: "We have long looked forward to working with Major™ and we are optimistic about the opportunities to build the beverage market in Nevada. Nevada is a growing market for cannabis beverages and we believe Major™ is well positioned to have success.”
Nevis recently acquired THC Essentials, a business unit that owns several leading cannabis brands, including Major™, from SoRSE Technologies for a purchase price of US
With the acquisition, Nevis Brands obtained the assignment of all licenses and royalty agreements and associated royalty revenue from the sales of beverages infused with SoRSE’s Emulsion Technology in Washington, Oregon, Arizona, Colorado, and Ohio, where it currently sells cannabis products including Major™, Happy Apple™, Atomic Apple™, Vertus™, and Velvet Swing.
John Kueber, CEO, Nevis Brands, added: "In less than 65 days since our acquisition of the Major™ brand, we have increased our market footprint by
According to a Nevada Cannabis Compliance Board report, Nevada marijuana consumers spent
The company recently closed a private placement, raising
For more information, please visit the company’s website www.NevisBrands.com, contact John Kueber, CEO, at 425-380-2151 or by email at investors@NevisBrands.com.
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