- Nevis Brands has officially begun selling its Major cannabis line of beverages in California
- The company stated it has received a wholesale purchase order for 50 per cent of its initial production run
- Revenue from California will be reflected in the company’s Q1 2024 results
- Shares of Nevis brands are up 11.11 per cent to C$0.10 as of 9:31 am ET
Nevis Brands (CSE:NEVI) has officially begun selling its Major cannabis line of beverages in California.
In a statement, the company revealed it has completed production of its Major 6.7-ounce bottles in California and that it has received a wholesale purchase order for 50 per cent of its initial production.
“We are pleased to announce the successful completion of our initial production run of Major in California,” John Kueber, CEO of Nevis Brands, said in a statement. “We are even more thrilled to receive immediate initial commitments for our products in the largest cannabis market in the world. California represents a tremendous opportunity for us to expand the Major Brand.”
As it currently stands, the Major beverages are already available in multiple Los Angeles, San Diego and Northern California locations.
Revenues from California will be reflected in Nevis Brands’ Q1 2024 results, which ends Thursday.
In addition to the sale of the Major brand in California, Nevis Brands stated it has received approval from the state of Missouri for its packaging and formulation and is on target to begin production in March 2024. The company’s licensee will produce three flavours of Major 2 ounce shots (100 mg THC).
Over in Ohio, the company has completed production of three additional Major products in addition to the six products currently in market and will begin sales in March 2024.
Nevis Brands provides cannabis brands throughout the United States, including products in Washington, Oregon, California, Ohio, Arizona and Colorado.
Shares of Nevis Brands are up 11.11 per cent to C$0.10 as of 9:31 am ET
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