Mr. John Kueber reports

NEVIS BRANDS INC. ANNOUNCES LICENSING AGREEMENT AND EXPANSION OF MAJOR(TM) BRANDS TO MISSISSIPPI.

Nevis Brands Inc. has executed a licensing agreement with Stash House Distro LLC, also known as Stash House, to exclusively produce and distribute Major in the state of Mississippi.

Shane Finn, chief operating officer of Stash House, commented, "Having worked with Nevis to launch Major in Missouri and receiving an enthusiastic market response, we are eager to continue our licensing and expansion to another market."

Stash House has licensed the full lineup of Major and will lead with the production of Major shots in blueberry, fruit punch and blackberry lemonade. Major is a dose-able 100-milligram THC (tetrahydrocannabinol) beverage that delivers the effects of cannabis within 10 to 20 minutes of consumption. Over five million bottles of Major have been sold since its initial launch in Washington in 2019.

Mississippi enabled legalization and sale of cannabis for medical use in January, 2023, and now has over 400 dispensaries licensed to sell cannabis. "We strongly believe in being early to growing markets and we look forward to offering Mississippians the unique benefits of Major. With rapid onset, great taste and the ability to enjoy cannabis without combustion, we believe we have a unique offering for the market," said John Kueber, chief executive officer of Nevis Brands.

Mississippi represents the 10th state for Major to be licensed for production. Major is currently sold in Washington, Oregon, Arizona, Ohio, Colorado, Nevada, California and Missouri. The company is preparing for production in Michigan.

About Nevis Brands Inc.

Nevis innovates and develops cannabis products that have been consumed by millions of consumers across Washington, Oregon, Colorado, Arizona, Nevada, Ohio and next year in California. Led by its flagship brand Major, Nevis partners with leading cannabis product manufacturers and distributors to enhance their product offerings.

Nevis is publicly traded on the Canadian Securities Exchange under the symbol NEVI, the OTC (over-the-counter) market under PSCBF and the Frankfurt Stock Exchange symbol under the symbol 8DZ.

About Stash House Distro LLC

Stash House manufactures and distributes a wide variety of cannabis finished form products to meet the needs of dispensary customers. It has solidified market strength by partnering with some of the most recognized national brands. Stash House's technology platform enables brand transparency and puts stress-free dispensary ordering at its customers' fingertips. This technology platform, coupled with a robust experience in distribution and sales, separates Stash House from the rest of the market. In addition to Mississippi and Missouri, Stash House currently operates in Oklahoma, New Mexico and Montana, with additional plans for future growth in 2024.

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