Xebra Brands Ltd. announced the signing of a Memorandum of Understanding (MOU) with Vertosa Inc. The partnership establishes the framework to manufacture and distribute high-quality cannabis-infused products containing less than 1% THC to the Mexico market. Following XEBRA Brand's recent announcement of being granted the first authorizations from the Mexican COFEPRIS to commercialize, manufacture, distribute and sell cannabis products (under 1% THC) in Mexico, as part of the company's expansion strategy, XEBRA Brands is excited to announce the partnerships with Vertosa. This partnership will leverage Vertosa's brand portfolio and the technological and operational excellence Vertosa has built as the industry leader in infused product manufacturing, combined with Xebra Brands' expertise across CPG, to develop and deliver safe, effective product formulations and products to the Mexican market.

The MOU marks a significant moment for both companies and highlights their dedication to producing high-quality products that provide customers with safe, reliable, and enjoyable cannabis experiences. As the partnership continues to evolve, both companies are confident that their collaborative efforts will drive growth and development in the cannabis industry.