Business
Xebra Brands’ Largest Shareholder Increases Stake as Company Explores Landmark Agricultural Agreement in Mexico
VANCOUVER, BC / ACCESS Newswire / April 3, 2025 / Xebra Brands Ltd. ("Xebra" or the "Company") (CSE:XBRA)(OTCQB:XBRAF)(FSE:9YC0), a trailblazer in the Mexican cannabis sector and the sole company legally permitted to import seeds, cultivate, manufacture, ...
About this update from Xebra Brands Ltd.
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / April 3, 2025 / Xebra Brands Ltd. ("Xebra" or the "Company") (CSE:XBRA)(OTCQB:XBRAF)(FSE:9YC0), a trailblazer in the Mexican cannabis sector and the sole company legally permitted to import seeds, cultivate, manufacture, operate, and sell cannabis (-1% THC) in Mexico, is excited to announce, that its largest shareholder, David Ross Macias Diaz (Mr. Diaz), has increased his position in the Company with the recent open market acquisition of 1,000,000 common shares.","length":521,"tagName":"p"},{"type":"text","content":"This purchase brings David's total shareholding to 13,591,333 reinforcing his long-term confidence in Xebra's strategy and future in the Mexican cannabis market.","length":169,"tagName":"p"},{"type":"text","content":"Concurrently, Xebra is exploring a strategic agricultural agreement with David involving the use of Mr. Diaz's land in Mexico for the cultivation of cannabis under the Company's federal authorization. This marks a major milestone-not only for Xebra, but for the country's emerging cannabis sector-representing the first economic agricultural agreement in Mexico executed under a Federal cannabis authorization.","length":422,"tagName":"p"},{"type":"text","content":"A New Chapter for Cannabis in Mexico","length":36,"tagName":"p"},{"type":"text","content":"This proposed agreement signifies a turning point in the evolution of cannabis in Mexico. As the first company to receive full federal approval from COFEPRIS (Mexico's health regulatory agency) for the legal importation of seeds, cultivation, processing, and marketing of cannabis (-1% THC), Xebra is uniquely positioned to lead the industry's transition from regulatory groundwork to economic execution.","length":412,"tagName":"p"},{"type":"text","content":"By partnering with Mr. Diaz to develop cannabis operations on his land, Xebra would be initiating the first-ever federally compliant cannabis agricultural activity in Mexico-a move that could unlock the long-awaited commercial opportunities across the country. The agreement would establish a scalable blueprint for future cultivation partnerships with landowners, investors, and entrepreneurs seeking to enter the regulated cannabis space.","length":440,"tagName":"p"},{"type":"text","content":""This is more than business de...