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The latest announcement is out from Pascal Biosciences Inc ( (TSE:NEVI) ).
Nevis Brands Inc. has announced significant corporate updates, including the relaunch of its Major beverages in Arizona and an expansion of Happy Apple THC beverages into Ohio through a prominent distributor in Columbus. The company has also made progress in reducing its financial obligations, completing a substantial payment towards its note payable to SoRSE Technology. These developments strengthen Nevis Brands’ market presence and position the company for further growth in 2026, despite regulatory challenges anticipated for hemp-derived THC products.
The most recent analyst rating on (TSE:NEVI) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Pascal Biosciences Inc stock, see the TSE:NEVI Stock Forecast page.
Spark’s Take on TSE:NEVI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NEVI is a Neutral.
The overall stock score of 51 reflects a company with improving financial performance and positive corporate events, such as market expansion and revenue growth. However, challenges remain in profitability and valuation, with technical indicators suggesting a bearish trend. The strategic expansion into new markets provides a positive outlook, but financial and valuation concerns weigh down the score.
To see Spark’s full report on TSE:NEVI stock, click here.
More about Pascal Biosciences Inc
Nevis Brands Inc. is a cannabis consumer packaged goods company specializing in premium beverage products. Operating in regulated dispensary markets in select states and through partnerships and licensed production facilities, Nevis also sells hemp-derived THC products online and via distributors. The company is publicly traded on multiple stock exchanges under various symbols.
Average Trading Volume: 109,337
Technical Sentiment Signal: Sell
Current Market Cap: C$1.98M
See more data about NEVI stock on TipRanks’ Stock Analysis page.