09:08 AM EST - Xebra Brands Ltd. : Announced that it has commenced formal cannabis cultivation in the Netherlands , including THC varietals. As 1 of only 5 companies to be selected by the Dutch government to participate in trial medicinal cannabis cultivation, Xebra is endeavoring to be awarded 1 of 2 licenses, with a contract for up to 6 years, providing for revenues of up to US$79 million (€70.5 million), to co-supply all pharma-grade cannabis to be sold in the Netherlands. Xebra Brands Ltd.
shares C.XBRA are trading unchanged at $0.32.
