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Xebra Brands (CSE:XBRA) commences trading on the CSE

Cannabis
CSE:XBRA
19 October 2021 15:31 (EDT)

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Xebra Brands (XBRA) is pleased to announce that it has received final approval to list its common shares on the Canadian Securities Exchange.

Xebra’s common shares commenced trading at market open on Monday, October 18th.

Xebra is a cannabis company.  Xebra’s global brands include beverages, wellness and leisure. 

Cultivation is focused in jurisdictions where Xebra can achieve an early mover status.  Xebra is well-positioned in Mexico within the USMCA Free Trade Zone (formerly NAFTA). As part of the USMCA Free Trade Zone, Mexico is poised to become the principal industrial-scale cannabis producer and supplier in North America.

Xebra is 1 of 5 companies vying for licenses from the government of the Netherlands to co-supply all pharma-grade cannabis to be sold in Holland. Additional crops can be grown for export to other European countries. 

Construction of Xebra’s cannabis cultivation facility in Holland is near completion and the ideal cannabis seed strains have been secured.  Planting of the first trial crop is expected to commence in December 2021, which will be harvested and submitted to the Dutch government in March 2022.

Xebra holds cannabis licenses in Colombia.  Final agronomic evaluations to complete the registration of the initial 10 of Xebra’s 144 cultivars (i.e. seed genetics) are expected to be completed by year-end. 

Xebra Brands (XBRA) is up 15.38 per cent, trading at C$0.15 per share at 3pm ET.

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