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Nevis Brands sees Q2 growth, poised for expansion with Happy Apple distribution deal
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Manage episode 494807000 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Nevis Brands CEO John Kueber joined Steve Darling from Proactive to announce a pivotal distribution agreement with Z.T. Distribution, a leading consumer packaged goods distributor serving over 1,000 retail outlets across Wisconsin, Minnesota, and Illinois. The agreement grants Z.T. exclusive distribution rights for Nevis’ flagship hemp-derived THC beverage, Happy Apple™, in Wisconsin and select territories in Minnesota and Illinois. Kueber emphasized that Z.T. Distribution’s century-long history and extensive retail network will allow Nevis Brands to significantly accelerate its market penetration in the Midwest. The partnership is expected to bring Happy Apple™ to major grocery chains, independent retailers, and convenience stores, tapping into growing consumer demand for functional and cannabis-infused beverages. The announcement coincides with Nevis Brands’ second fiscal quarter results, which showed continued quarter-over-quarter revenue growth. Kueber attributed this to stable performance in its licensed cannabis markets and the early success of its hemp-derived THC beverage portfolio. The company posted a 75% gross profit margin—unchanged from Q1—highlighting the strength of its capital-light licensing model that allows for strong margins with minimal overhead. Looking ahead, Kueber said Nevis is well-positioned for further growth as consumer adoption of cannabis beverages increases. The company’s flagship brands, Major™ and Happy Apple™, will be central to its national expansion strategy, with additional distribution deals currently under negotiation. Cost control and EBITDA optimization remain top priorities for the company. With audit-related costs now behind them, Nevis expects improved profitability in the second half of the year as it enhances efficiencies across its licensing, legal, and compliance frameworks. #proactiveinvestors #nevisbrandsinc #cse #nevi #otcqb #nevif #majorbrand #cannabis #CannabisInvesting #THCDrinks #HappyApple #CannabisStocks #HempTHC #CannabisBeverages #InvestorUpdate #JohnKueber #CannabisNews #CannabisRevenue #DebtReduction #ProactiveInvestors
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605 episodes
MP3•Episode home
Manage episode 494807000 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Nevis Brands CEO John Kueber joined Steve Darling from Proactive to announce a pivotal distribution agreement with Z.T. Distribution, a leading consumer packaged goods distributor serving over 1,000 retail outlets across Wisconsin, Minnesota, and Illinois. The agreement grants Z.T. exclusive distribution rights for Nevis’ flagship hemp-derived THC beverage, Happy Apple™, in Wisconsin and select territories in Minnesota and Illinois. Kueber emphasized that Z.T. Distribution’s century-long history and extensive retail network will allow Nevis Brands to significantly accelerate its market penetration in the Midwest. The partnership is expected to bring Happy Apple™ to major grocery chains, independent retailers, and convenience stores, tapping into growing consumer demand for functional and cannabis-infused beverages. The announcement coincides with Nevis Brands’ second fiscal quarter results, which showed continued quarter-over-quarter revenue growth. Kueber attributed this to stable performance in its licensed cannabis markets and the early success of its hemp-derived THC beverage portfolio. The company posted a 75% gross profit margin—unchanged from Q1—highlighting the strength of its capital-light licensing model that allows for strong margins with minimal overhead. Looking ahead, Kueber said Nevis is well-positioned for further growth as consumer adoption of cannabis beverages increases. The company’s flagship brands, Major™ and Happy Apple™, will be central to its national expansion strategy, with additional distribution deals currently under negotiation. Cost control and EBITDA optimization remain top priorities for the company. With audit-related costs now behind them, Nevis expects improved profitability in the second half of the year as it enhances efficiencies across its licensing, legal, and compliance frameworks. #proactiveinvestors #nevisbrandsinc #cse #nevi #otcqb #nevif #majorbrand #cannabis #CannabisInvesting #THCDrinks #HappyApple #CannabisStocks #HempTHC #CannabisBeverages #InvestorUpdate #JohnKueber #CannabisNews #CannabisRevenue #DebtReduction #ProactiveInvestors
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