October 22, 2025 – Seattle, WA – TheNewswire - Nevis Brands Inc. (CSE: NEVI | OTCQB: NEVIF | FSE: 8DZ)  (“Nevis” or the “Company”), a leading innovator in the cannabis beverage industry, today

announced its financial results for the third fiscal quarter ended August 31, 2025. Unless

otherwise noted, all figures are in Canadian dollars.

 

Q3 2025 Financial Highlights

• Revenue: $478,808 (VS Q2: $418,745) 

• Gross Profit: $302,156 (VS Q2: $315,345) 

• Net Income: -$22,639 (VS Q2 Net Income: $(92,458) 

• When excluding depreciation (non-cash) expense, Net Income: $40,298 

The Company posted strong revenue growth this quarter VS Q2, driven by expanding sales in its licensed markets and the promising early performance of its hemp-derived THC product line.

“Our Q3 results demonstrate Nevis’ ability to grow the business,” said John Kueber, CEO of Nevis Brands. “With 16% quarterly revenue growth and the third straight quarter of growth, we are pleased with the momentum we have built in both our licensed markets as well as our early performance with Happy Apple™, our Hemp-Derived THC beverage. While our overall gross margins were slightly lower, our model still demonstrated our ability to build a high-margin business with low capital requirements.”

Gross profit margins were lower quarter-over-quarter at 63%, reflecting some temporary increased testing costs associated with regulatory compliance for new product launches and lower margins relating to the Company’s hemp-derived products, which carried higher initial production expenses. Management anticipates margins to stabilize and improve as production scales and efficiencies are realized in the coming quarters.

Q3 Operational Highlights

 

● Geographic Expansion and Core Market Stability: Nevis continued to experience

revenue growth from new market entries in New Jersey and Missouri, where the

Company’s flagship brands Major™ and Happy Apple™ are gaining traction. Meanwhile,

core legacy markets — including Washington, Colorado, and Oregon — demonstrated

stable performance, contributing to a dependable revenue base from mature channels.

 

● Expansion of Hemp-Derived THC Beverages: The Company continued to expand revenue through the expansion of Happy Apple(™) distributors in Wisconsin and continuing sales in North Carolina, South Carolina.

 

● Licensing Model Efficiency: Nevis’ primary Licensed markets for Major(™) of Washington, Missouri, New Jersey and Colorado remain strong.  While smaller, the Company continues to make strides in lesser performing markets such as Oregon, Oklahoma, Mississippi and Illinois.  

● Brand-Driven Market Expansion: With strong brand equity for Major and a growing customer base for Happy Apple, Nevis is poised for wider national distribution through additional

distributor agreements. New distribution partnerships are currently under review and

expected to close in the coming months.

The Company anticipates continued revenue momentum into fiscal 2026, with a focus on scaling hemp-derived offerings while maintaining disciplined cost management.

About Nevis Brands

Nevis innovates and develops cannabis products that have been consumed by millions of

consumers across the United States. Led by our flagship brand Major™ and Happy Apple(™)

Nevis licenses and produces cannabis beverages using a variety of production and distribution

partners and is rapidly expanding its products nationally. More information can be found at www.nevisbrands.com.  

 

Nevis Brands Inc. is publicly traded on the CSE under the symbol “NEVI,” US OTC:  “NEVIF”

and Frankfurt Stock Exchange symbol under the symbol “8DZ”.

 

CONTACT INFORMATION:  

Investor Relations - Attention John Kueber - investors@nevisbrands.com  

Tel:  425-380-2151 - www.nevisbrands.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Cautionary Statement Regarding “Forward-Looking” Information Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. This forward-looking information is provided as of the date of this news release. The forward-looking information reflects our current expectations and assumptions and is subject to a number of known and unknown risks, uncertainties and other factors, which may cause actual results, performance, or achievements to be materially different from any anticipated future results, performance or expectations expressed or implied by the forward-looking information. No assurance can be given that these assumptions will prove correct. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Investors are advised to consider the risk factors under the heading “Risks and Uncertainties” in the Company’s Form 2A, available at www.sedar.com for a discussion of the factors that could cause the Company’s actual results, performance and achievements to be materially different from any anticipated future results, performance, or achievements expressed or implied by the forward-looking information. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.