Pascal Biosciences Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- John Kueber
- Full Time Employees
- 2
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 4000 Mason Road Seattle WA United States of America 98195-2141
- IPO Date
- Feb 3, 2015
- Website
- pascalbiosciences.com
- Similar Companies
- Business
- Nevis Brands Inc., formerly Pascal Biosciences Inc., develops and licenses cannabis beverage brands across regulated markets and hemp-derived THC products in the United States. The company offers fast-acting, cannabis-infused beverages under its flagship Major brand, including 100mg THC single-serve shots in flavors such as Blueberry, Fruit Punch, and Blackberry Lemonade; hemp-derived THC options like Happy Apple, a low-dose 5mg beverage; and additional brands including Pearl, Utopia, Atomic Apple, Vertus, and Velvet Swing. These products target adult-use cannabis consumers through licensing agreements with manufacturers and distributors, emphasizing precise dosing, premium ingredients, and rapid onset effects within 10-20 minutes. Founded in 2013 and headquartered in Seattle, Washington, Nevis Brands operates primarily in the U.S. cannabis beverage sector, with nationwide reach for hemp-derived products and presence in regulated state markets including Washington, New Jersey, Oklahoma, Illinois, Missouri, Michigan, California, Nevada, New Mexico, and Arizona. In June 2023, the company rebranded from Pascal Biosciences Inc., a biotechnology firm focused on cancer therapies such as cannabinoid-based ST-403 for glioblastoma and B-cell targeted antibodies, to concentrate on cannabis beverages, completing the operational transition by fiscal year-end 2023 with reported revenues of $671,000. Recent expansions include licensing agreements for Major production in Missouri with Stash House (January 2024), Michigan with Emerald Canning Partners (November 2023), California with Blaze Life Holdings (October 2023), Illinois with Drecisco Farms (February 2024), and Oklahoma with Stash House Brands (November 2024); product launches in New Mexico (October 2025) and planned Arizona entry by November 2025; and Happy Apple distribution growth in North and South Carolina via new partnerships (May 2025). Over 5 million bottles of Major have been sold since its 2019 Washington launch, with ongoing production in New Jersey and Oklahoma, and quarterly revenues reaching $395,876 by Q4 2023 from royalties in five states.
Nevis Brands partners with Drecisco Farms to launch Major in Illinois
Nevis Brands expands THC shots to new states – ICYMI
Nevis Brands expands Major cannabis beverage sales to new states in US
Nevis Brands targets 2025 expansion in hemp-derived cannabis beverages
Nevis Brands signs new licensing agreements in Arizona, Ohio, and Oregon
Nevis Brands expands Major branded cannabis beverages into Oklahoma
Nevis Brands expands Major Shots lineup in Missouri and Washington
Nevis Brands announces distribution deal for Major Hemp Derived THC beverages
Nevis Brands sees significant revenue growth and improved profitability in Q3
Nevis Brands CEO talks expansion of Major cannabis beverages into New Jersey - ICYMI
Nevis Brands strikes licensing deal to bring Major-branded cannabis beverages to New Jersey
Nevis Brands completes initial production of Major shots in Mississippi
Nevis Brands CEO John Kueber on Q2 growth, new market expansion – ICYMI
Nevis Brands breaks into EBITDA-positive territory as sales expanded into more states
Nevis Brands launches Major 100mg THC shots in Oregon
Nevis Brands launches Major Gummies in Washington State
Nevis Brands expands cannabis beverage offering in Washington State
Nevis Brands to launch Major cannabis beverage in Mississippi via Stash House partnership
Nevis Brands launches Major shots in Missouri
Nevis Brands launches Major shots in Missouri