Nevis Brands (CSE:NEVI, OTCQB:PSCBF) has announced a licensing agreement with Stash House Distribution for the production and distribution of Major Hemp Derived THC Delta 9 (HD9) beverages across many territories in the United States. This partnership marks a significant expansion for the Major brand, which will now be accessible to millions of consumers, previously available only in 11 states.
There's bad news brewing for some cannabis stocks. Even as cannabis rescheduling efforts continue, a key segment of the wider market is coming up on massive disruption: a hemp ban.