- The Company has secured a licensing agreement with Silver State Wellness based in Las Vegas Nevada to produce Major™ (www.drinkmajor.com)
- 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 5 states to 6 states
SEATTLE, Sept. 6, 2023 /CNW/ – Nevis Brands Inc. (CSE: NEVI) (“Nevis,” “Nevis Brands” or the “Company”), a leading provider of cannabis beverage products, announced today it has secured an agreement with Silver State Wellness to produce and distribute Major(™) to Nevada cannabis retailers and is now producing Major in Nevada.
“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, CEO 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 September 30th. Major will be available in 5 flavors including Sunset Pink Lemonade, Pacific Blue Raspberry, Sacred Grape, Volcanic Orange Mango and Passionfruit. Major is a dosable 100mg THC beverage that delivers the effects of cannabis within 10-20 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% in growing from 5 states to 6 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, CEO. “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.”
Nevis innovates and develops cannabis products that have been consumed by millions of consumers across Washington, Oregon, Colorado, Arizona, Nevada and Ohio. Led by our flagship brand Major™ (www.drinkmajor.com) Nevis 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,” and Frankfurt Stock Exchange symbol under the symbol “8DZ”
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Statement Regarding “Forward-Looking” Information Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. This forward-looking information is provided as of the date of this news release. The forward-looking information reflects our current expectations and assumptions and is subject to a number of known and unknown risks, uncertainties and other factors, which may cause actual results, performance, or achievements to be materially different from any anticipated future results, performance or expectations expressed or implied by the forward-looking information. No assurance can be given that these assumptions will prove correct. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Investors are advised to consider the risk factors under the heading “Risks and Uncertainties” in the Company’s Form 2A, available at www.sedar.com for a discussion of the factors that could cause the Company’s actual results, performance and achievements to be materially different from any anticipated future results, performance, or achievements expressed or implied by the forward-looking information. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
SOURCE Nevis Brands Inc.
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