Xebra Brands Ltd. ( (TSE:XBRA) ) just unveiled an update.
Xebra Brands Ltd. has announced that its largest shareholder, David Ross Macias Diaz, has increased his stake in the company, signaling strong confidence in its strategic direction. The company is also exploring a landmark agricultural agreement with Mr. Diaz to cultivate cannabis on his land, marking a significant milestone in Mexico’s cannabis industry by initiating the first federally compliant cannabis agricultural activity, potentially unlocking commercial opportunities across the country.
More about Xebra Brands Ltd.
Xebra Brands Ltd. is a pioneering company in the Mexican cannabis sector, uniquely authorized to import seeds, cultivate, manufacture, and sell cannabis with less than 1% THC in Mexico.
YTD Price Performance: 275.00%
Average Trading Volume: 52,732
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$6.39M
For detailed information about XBRA stock, go to TipRanks’ Stock Analysis page.