Streetbeat News

XBRAF

Xebra Brands Ltd

Open

0.03

Mkt cap

2.5M

Volume

581

High

0.04

P/E Ratio

-1.65

52-wk high

0.14

Low

0.03

Div yield

N/A

52-wk low

0.01

Xebra Brands Ltd. (OTCQB:XBRAF) has entered into a CBD supply agreement with ICAN Green S.A. de C.V. to provide CBD isolate to Desart MX, a division of Xebra, for manufacturing legal CBD products in Mexico. This deal, exclusive for two years with potential annual renewals, positions Xebra as the only company in Mexico with federal approval for comprehensive cannabis operations. The agreement aims to accelerate the commercialization of CBD products in Mexico, leveraging ICAN's reputation in Latin America.

Portfolio Pulse from Patricio Liddle

February 21, 2024 | 4:59 pm

The cannabis industry sees a wave of executive appointments and board updates. Aaron Lopez is now the head of the National Hispanic Cannabis Council. The Blinc Group, 22nd Century Group, and Healing Commercial Real Estate Inc. have appointed new CEOs. 22nd Century Group (XXII) also sold its hemp/cannabis operations to Specialty Acquisition Corporation. Xebra Brands Ltd. (XBRAF) and iAnthus Capital Holdings, Inc. (ITHUF) elected new board directors. 4Front Ventures Corp. (FFNTF), Wana Brands, Jones Soda Co. (JSDA), FundCanna, FloraWorks Holdings Inc., and Ziel announced other key appointments.

Portfolio Pulse from Jelena Martinovic

December 04, 2023 | 10:46 pm

Cannabis company Xebra Brands Ltd. plans to complete a non-brokered private placement of up to CA$1 million ($733,898) according to a binding commitment from a strategic investor. The company will issue up to 12 million units at CA$0.05 per unit and a concurrent placement of up to a principal amount of CA$400,000 of unsecured convertible debenture units. The strategic investor will have the right to appoint one director to the company's board and a board observer. The closing of the unit offering will be on or about October 6, 2023.

Portfolio Pulse from Jelena Martinovic

October 03, 2023 | 6:22 pm

Delaware State Senate confirms Robert Coupe as the first cannabis commissioner for the state. Tauhid Chappell is appointed executive director of the Cannabis Training Academy. Trulieve Cannabis Corp. appoints Tim Mullany as CFO, while MedMen Enterprises Inc. announces the resignation of Ana Bowman as CFO. Xebra Brands Ltd., 1933 Industries Inc., Red White & Bloom Brands Inc., and TerrAscend Corp. announce new board appointments. CannaPharmaRx, Inc. names Dean Medwid as its new CEO. cbdMD appoints Dr. Lucille Vega as their new medical advisor.

Portfolio Pulse from Jelena Martinovic

June 23, 2023 | 4:13 pm

Xebra Brands Ltd. has signed a cannabis cultivation agreement with Chapingo University in Mexico, focusing on the first commercial cultivation of cannabis and hemp with less than 1% THC. The collaboration will include importing cannabis seeds, cultivating hemp, assessing strains, and producing low-THC cannabis crops.

Portfolio Pulse from Vuk Zdinjak

June 16, 2023 | 1:19 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.