Nevis Brands reports strong Q1 with 61% revenue growth and record 78% gross margin

Nevis Brands CEO John Kueber joined Steve Darling from Proactive to share highlights from the company’s first quarter financial results, marking a strong start to the year driven by strategic market expansion and operational efficiencies. Kueber reported that Nevis achieved “close to record revenue” in Q1, with a 61% increase in overall revenue compared to the previous period. This substantial growth was largely fueled by robust performance in New Jersey and Missouri, where the company’s flagship 100mg cannabis beverage line has secured a dominant market share. In addition, Nevis continues to hold a strong foothold in its home state of Washington, maintaining its presence in an increasingly competitive landscape. One of the most notable financial milestones was a record-setting 78% gross margin. Kueber credited this achievement to a year-long focus on optimizing the company’s supply chain and reducing packaging costs. “We’ve really been able to dial in our suppliers,” he said, underscoring Nevis’ lean operational model and its focus on long-term profitability through cost discipline and operational efficiency. Beyond financial performance, Kueber also highlighted the company’s commitment to innovation, particularly the growing success of Happy Apple, a hemp-derived THC beverage. With hemp's federal legality, the product offers a broader path to market entry compared to traditional cannabis-based beverages. This not only enables cross-state distribution but also opens up retail opportunities beyond traditional dispensaries. Looking ahead, Kueber shared that Nevis expects to expand into at least one new U.S. territory in the coming quarter and hinted at additional announcements on the horizon. With its strong financial performance, product innovation, and expanding national footprint, Nevis Brands is positioning itself as a key player in the cannabis beverage market. #proactiveinvestors #nevisbrandsinc #cse #nevi #otcqb #nevif #majorbrand #cannabis #CannabisInvesting #THCDrinks #HappyApple #CannabisStocks #HempTHC #CannabisBeverages #InvestorUpdate #JohnKueber #CannabisNews #CannabisRevenue #DebtReduction #ProactiveInvestors