Pascal Biosciences Inc (TSE:NEVI) has released an update.
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Nevis Brands Inc., a cannabis beverage company, has reported a significant increase in revenue for fiscal year 2023, with a 44% rise in fourth-quarter revenues compared to the previous quarter, and an annual revenue of $671,545 from operations that started in July 2023. Despite a net loss for the year, the company has reduced the cost of goods sold in Q4 and is optimistic about future growth and profitability following its transition from Pascal Biosciences Inc.
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