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Pascal Biosciences Inc ( (TSE:NEVI) ) has shared an announcement.
Nevis Brands Inc. has announced a strategic distribution agreement with Z.T. Distribution Inc. to expand the reach of its hemp-derived THC beverage, Happy Apple™, in Wisconsin, Minnesota, and Illinois. This partnership with ZT, a well-established distributor, is expected to enhance Nevis Brands’ market penetration and capitalize on the growing demand for hemp-derived beverages, aligning with the company’s strategy to broaden its footprint in the U.S. market.
Spark’s Take on TSE:NEVI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NEVI is a Neutral.
The stock’s overall score reflects positive developments in corporate events, such as strategic expansions and revenue growth, which are offset by ongoing profitability challenges and a negative valuation score due to losses.
To see Spark’s full report on TSE:NEVI stock, click here.
More about Pascal Biosciences Inc
Nevis Brands Inc. is a leading innovator in the cannabis and hemp-derived beverage industry, focusing on creating unique beverage brands. The company is known for its flagship product, Happy Apple™, a hemp-derived THC beverage, and aims to expand its market presence, particularly in the Midwest region of the United States.
Average Trading Volume: 28,083
Technical Sentiment Signal: Sell
Current Market Cap: C$2.38M
See more data about NEVI stock on TipRanks’ Stock Analysis page.