XEBRA Brands Ltd.

02:06 PM EST - XEBRA Brands Ltd. : Announced that it has been informed that the Mexican Supreme Court will convene on Wednesday December 1 st , 2021, to deliberate and vote on a claim by Xebra's wholly owned Mexican subsidiary, Desart MX, SA de CV (" DESART MX "), to obtain an injunction that could result in Xebra being positioned to hold an outright first-mover-advantage in the Mexican cannabidiol (" CBD ") and cannabigerol (" CBG ") market. If an injunction is granted, Xebra could be authorized to operate irrespective of when, or whether or not, Mexico legalizes cannabis, and the injunction would apply only to Xebra. XEBRA Brands Ltd. shares C.XBRA are trading 56.1 percent at $0.32.

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