on Xebra Brands Ltd (isin : CA98402E1079)
Xebra Brands Ltd Partners with Restorative Botanicals for CBD Product Launch
Xebra Brands Ltd., a cannabis company, announced a manufacturing agreement with Restorative Botanicals, a prominent CBD product provider. This partnership, revealed on March 22, 2024, signifies a pivotal moment for Xebra, marking its entrance into the Mexican market with the introduction of premium CBD tinctures under the Elements CBD brand.
Restorative Botanicals will create a custom CBD tincture for Xebra, featuring high-quality, broad-spectrum CBD from organic hemp, chosen botanicals for flavor and efficacy, and strict quality controls for purity and potency. Initially, the products will be manufactured in the US, with plans to move production to Mexico to reduce costs and expand further once domestic production receives COFEPRIS approval.
Rodrigo Gallardo, Interim CEO of Xebra, expressed enthusiasm for the partnership, citing it as a strategic move to tap into the emerging Mexican CBD market and establish relationships with retailers. Restorative Botanicals is well-regarded for its commitment to quality, natural ingredients, and sustainable practices, making it a fitting partner for Xebra's venture.
R. H.
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