Nevis Brands Reports Q1 Results, Eyes Growth
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Nevis Brands Reports Q1 Results, Eyes Growth

Pascal Biosciences Inc (TSE:NEVI) has released an update.

Nevis Brands Inc., a cannabis beverage provider, has announced Q1 2024 earnings with a revenue of $380,729 and a gross profit of $242,835, but an overall net loss of $82,117. Despite a setback in Oregon licensing revenue and lower seasonal orders, the company is optimistic about Q2, expecting increased revenues from operations in Oregon and a new launch in Missouri. The CEO also anticipates reduced expenses following the completion of administrative tasks related to their US OTC market listing.

For further insights into TSE:NEVI stock, check out TipRanks’ Stock Analysis page.

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