- Xebra Brands (CSE:XBRA) has revealed it has executed the first purchase order of CBD products from Restorative Botanicals in the United States.
- The first product manufactured for the company is the 250mg Tangerine Flavor CBD Tincture
- Authorization was granted to Elements Biosciences SAPI de C.V., a wholly owned subsidiary of Xebra Brands
- Shares of Xebra Brands are down 5.56 per cent to C$0.08 as of 12:09 pm ET
Xebra Brands (CSE:XBRA) has revealed it has executed the first purchase order of CBD products from Restorative Botanicals in the United States.
In a news release, the company stated the first product manufactured for Xebra Brands is the 250mg Tangerine Flavor CBD Tincture and that authorization was granted to Elements Biosciences SAPI de C.V., a wholly owned subsidiary of Xebra Brands.
This authorization, which was granted by Mexican regulatory authorities, means that the 250 mg Tangerine Flavor CBD Tincture can be imported, launched and sold in Mexico.
“This is yet another step on our commercial pathway to recognizing Xebra-branded products available to Mexican consumers through a legal framework, unlike many existing products currently available in the market,” Rodrigo Gallardo, interim-CEO of Xebra Brands, said in a statement.
The company said the 250mg Tangerine Flavor CBD Tincture will first be used in Xebra Brands sample packages sent to retailers as part of the listing process.
Highlights of the strategic partnership between Xebra and Restorative Botanicals include:
- The first shipment of CBD products, which includes an initial order of 2,500 units from Restorative Botanicals shipped to Xebra Mexico
- A strategic partnership that reinforces the collaboration between Xebra Brands and Restorative Botanicals, the preferred U.S. manufacturer for Xebra
- The CBD products will be included in packages sent to retailers
The partnership between Xebra Brands and Restorative Botanicals ensures that Xebra Brands’ products meet the highest industry standards, providing consumers with safe and effective CBD solutions.
With headquarters out of Vancouver, Xebra Brands is focused on the development and sale of cannabis and CBD products in Mexico.
Shares of Xebra Brands Ltd. (CSE:XBRA) are down 5.56 per cent to C$0.08 as of 12:09 pm ET.
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