Nevis Brands Inc. (CSE: NEVI, OTCQB: NEVIF) has announced a change to its Board of Directors, with John Bell resigning and Scott McGregor appointed as his replacement, both effective November 2, 2026. McGregor brings over $2 billion in capital-raising experience across more than 140 financing transactions to the cannabis beverage company. The appointment also includes a grant of 200,000 stock options at $0.05 per share. Investors in the CSE-listed cannabis beverage licensor may be watching how McGregor's capital markets background shapes the company's financing and growth strategy.

Key Points

  • Nevis Brands Inc. (CSE: NEVI, OTCQB: NEVIF) announced a Board of Directors change effective November 2, 2026.
  • John Bell resigned from the Board; Scott McGregor was appointed to fill the vacancy.
  • McGregor has participated in more than 140 financing transactions, raising over $2 billion in capital across multiple sectors.
  • Investors may be watching how McGregor's investment banking expertise supports Nevis Brands' stated strategic growth initiatives.

John Bell's Departure from the Nevis Brands Board

John Bell has resigned as a director of Nevis Brands, with his departure effective November 2, 2026. CEO John Kueber acknowledged Bell's service in the announcement, stating that Bell's contributions were instrumental during his tenure and that the board and management team wished him well. The release did not disclose the specific reasons behind Bell's resignation, the length of his tenure, or any details regarding committee roles he may have held. The company did not disclose this figure in the announcement regarding any compensation or settlement related to the departure.

Scott McGregor's Capital Markets Credentials and Board Role

Scott McGregor joins the Nevis Brands Board with a career focused primarily on energy sector investment banking. He previously served as Managing Director and Head of Energy Investment Banking at Acumen Capital Partners, where he executed more than 110 financing transactions raising approximately $1.45 billion in capital. Most recently, he held a senior investment banking role at Mackie Research Capital. His broader career encompasses equity and debt financings, mergers and acquisitions, recapitalizations, public listings, and strategic advisory work across multiple sectors, according to the release.

Stock Option Grant Subject to Regulatory Approval

In connection with McGregor's appointment, Nevis Brands has granted him 200,000 stock options under the company's Stock Option Plan, subject to regulatory approval. The options are exercisable into common shares at $0.05 per share for a period of five years from the date of grant. Shares issued upon exercise will be subject to a hold period of four months and one day from the grant date. The immediate share price impact was not clear from available public information.