Nevis Brands targets 2025 expansion in hemp-derived cannabis beverages
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Nevis Brands plans to expand its hemp-derived cannabis beverage business in 2025, following its first EBITDA-positive quarter in 2023 due to strong demand for its Major-branded products.
December 20, 2024 | 7:45 pm
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POSITIVE IMPACT
Nevis Brands achieved its first EBITDA-positive quarter, driven by strong demand for its Major-branded cannabis beverages, and plans further expansion in 2025.
The achievement of EBITDA profitability indicates strong financial performance and operational efficiency, which is a positive signal for investors. The planned expansion in 2025 suggests growth potential, likely boosting investor confidence and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90