Pascal Biosciences Inc (TSE:NEVI) has released an update.
Nevis Brands Inc., a trailblazer in the cannabis beverage industry, has successfully renegotiated the terms of its $500,000 promissory note with SoRSE Technology Corp, now set to make a $100,000 payment by the end of April 2024 and complete the debt by year’s end. This move allows the company to leverage its increasing cash flow from operations to fulfill its obligations while continuing to grow its Major brand across multiple states. The Major brand has seen significant success, amassing over $40 million in sales across approximately 1000 stores.
For further insights into TSE:NEVI stock, check out TipRanks’ Stock Analysis page.