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Pascal Biosciences Inc ( (TSE:NEVI) ) just unveiled an announcement.
Nevis Brands Inc. has launched the Happy Apple™ Hemp Derived THC beverage, expanding its market presence beyond Washington State to numerous states across the U.S. By using hemp-derived THC, Nevis ensures compliance with federal laws, allowing entry into traditional retail and online platforms, marking a shift from their previous licensing model. This strategic move enables Nevis to capture more revenue directly, positioning them strongly in the growing hemp-derived THC beverage market projected to reach nearly $750 million by 2029.
More about Pascal Biosciences Inc
Nevis Brands Inc. is a prominent provider in the cannabis beverage industry, focusing on producing innovative and compliant hemp-derived THC beverages. The company aims to expand its market reach by leveraging its expertise in creating infused beverages that cater to both regulated dispensary markets and traditional retail channels.
YTD Price Performance: -20.0%
Average Trading Volume: 32,129
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.07M
For detailed information about NEVI stock, go to TipRanks’ Stock Analysis page.
