Operating Cash Flow Increases, Regulated Markets Overcome Strategic Wind-Down of Hemp THC, Increased Cash Flows.

 

SEATTLE, WA – July 16, 2026 - TheNewswire – Nevis Brands Inc. (CSE: NEVI) (the “Company” or “Nevis”), a leading innovator in the cannabis and functional beverage markets, today released its financial results for the six months ended May 31, 2026.

By prioritizing capital efficiency and focusing on high-margin regulated markets, Nevis has significantly strengthened its balance sheet, driven positive operating cash flow, and successfully transitioned away from hemp-derived products.

Key Financial & Operational Highlights:

• Nevis reported total revenue of $799,015 for the six-month period, down slightly by 4% from $835,100 in the previous period of December through May 2025.  The reduction in revenues reflects Nevis' strategic wind-down of hemp-derived products to optimize the company's risk and margin profiles. 

• The Company reported a net loss of $77,188 for H1 2026.  However, when excluding non-cash items of amortization ($121,756) and depreciation ($3,831) Nevis generated a positive adjusted operating outcome of $48,399. 

• Net cash provided by operating activities increased to $39,577 for the six months ended May 31, 2026, representing an increase from the $7,804 recorded in the prior year's corresponding period. 

• Achieved a positive working capital position of $45,517 as of May 31, 2026, versus the working capital deficiency of $64,293 from November 30, 2025. 

• Growth in Core Licensed Markets: The Company recorded increased revenues in Arizona and New Mexico which mitigated the revenue reduction from Hemp Derived THC. 

• Debt Reduction: Successfully paid down over $50,000 of debt owed to QuickBooks Capital and a CEO loan using cash generated from operations, alongside extending its  promissory note with SoRSE. 

"The first six months of our fiscal year represents excellent progress in refocusing on our core licensee markets," said John Kueber, CEO of Nevis Brands. "By growing our footprint in existing and new regulated territories, we have almost entirely replaced the revenue from our former hemp-derived THC business.

Kueber continued:  “Combined with strict operational discipline, we have improved both our cash flows and our working capital. Nevis has a proven ability to secure new licensees and distributors with minimal capital expenditure. As we look to the second half of 2026, we will maintain this fiscal discipline, continue to innovate with new products in both the cannabis and non-cannabis beverage sectors, and fund our next phase of growth directly through operating cash flow."

About Nevis Brands Inc.

Nevis Brands is a leading beverage innovator with products enjoyed by millions of consumers nationwide. Building on the massive success of its flagship cannabis and hemp-derived THC brands like Major™ and Happy Apple™, Nevis is pioneering the future of functional wellness. The company is dedicated to crafting a diverse portfolio of approachable, high-quality beverages—ranging from cannabis-infused to non-psychoactive adaptogenic drinks—designed to actively support modern consumer lifestyles and daily wellness routines.

Nevis Brands Inc. is publicly traded on the CSE under the symbol “NEVI,” OTCQB “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

 

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 CSE Form 2A Listing Statement, available at www.sedarplus.ca 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.

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