Welcome to our dedicated page for Xebra Brands news (Ticker: XBRAF), a resource for investors and traders seeking the latest updates and insights on Xebra Brands stock.
Xebra Brands Ltd. reports news around its international cannabis business, cannabis-derived wellness products, and the ELEMENTS™ product line. Company updates also cover its Mexico authorization to import, cultivate, manufacture, and sell cannabis with less than 1% THC, along with partnership activity in North America.
Recent disclosures have centered on reporting-status matters, including delayed annual and interim financial filings, management and failure-to-file cease trade orders, exchange trading status, governance changes, and capital-structure actions such as share consolidation updates.
Xebra Brands has achieved a significant milestone by executing its first purchase order of CBD products from Restorative Botanicals.
The order covers 2,500 units of 250mg Tangerine Flavor CBD Tincture, authorized for import, launch, and sale in Mexico by COFEPRIS.
This product will be used in sample packages sent to retailers as part of the listing process, expanding Xebra's footprint in the Mexican cannabis market.
This step underscores the strategic partnership between Xebra and Restorative Botanicals, aimed at delivering high-quality CBD products.
Interim-CEO Rodrigo Gallardo emphasized this as a important step for Xebra in providing legally recognized CBD products in Mexico.
Xebra Brands has expressed its congratulations to President-Elect Claudia Sheinbaum on her recent election victory, marking her as Mexico's first female president. Xebra is optimistic about Sheinbaum's commitment to cannabis reform, aligning with the company's vision for a regulated and inclusive cannabis industry. Sheinbaum advocates for decriminalizing recreational cannabis use, focusing on education and public health over punitive measures. Xebra's CEO, Rodrigo Gallardo, highlighted the potential social justice and violence reduction benefits from responsible cannabis regulation. The company plans to collaborate with Sheinbaum's administration and Mexico's Cofepris to ensure safe, regulated cannabis products are accessible. Xebra is prepared to invest and innovate under Mexico's leadership to help the country become a global leader in the cannabis sector.
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