09:41 AM EST - Xebra Brands Ltd. : Announced that its cannabis cultivation in the Netherlands is in the flowering stage, as Xebra readies to harvest and submit samples of its crop to Dutch authorities, by the end of March. Two samples will be delivered, one with high THC ±22%, and one with balanced THC ±6% and CBD± 8%. As 1 of only 5 companies to be selected by the Dutch government to participate in a medicinal cannabis cultivation pilot trial, 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$80 million (€70.5 million), to co-supply all pharma-grade cannabis to be sold though pharmacies in the Netherlands. Xebra Brands Ltd.
shares C.XBRA are trading unchanged at $0.15.
