Xebra Satisfies Terms To Acquire Mexican Subsidiary, Gains First-Mover Advantage In CBD & CBG Market

Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAF) (FSE:9YC) confirmed Thursday that it has fully satisfied all terms necessary for its acquisition of Desart MX, SA de CV, via the issuance of 48 million company shares, which were issued to five Mexican vendors and are being placed in escrow with staged releases over 38 months.

Desart has been granted an injunction by the Mexican Supreme Court giving it a first-mover advantage in the Mexican CBD …

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