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Publicly-Traded Cannabis Company Xebra Granted Trademarks In European Union

Benzinga · Nina Zdinjak · last updated
Marijuana company Xebra Brands Ltd. (CSE:XBRA) (OTCQB:XBRAF) (FSE:9YC) has been granted trademarks in the European Union. Desart has been granted an injunction by the Mexican Supreme Court giving it a first-mover advantage in the Mexican CBD and CBG market. Official licenses will be granted by the Mexican Health Regulatory Agency (COFEPRIS) in due course. Xebra highlighted that it’s working towards using the first-mover advantage and is in discussions to secure up to 300 hectares of suitable land for cultivation. Furthermore, several Canadian and American companies with cannabis processing and extraction expertise have expressed an interest in partnering in Mexico.
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