Xebra Brands Ltd. (
CSE.XBRA,
OTC: XBRAF,
Forum) has announced that it has satisfied all conditions pursuant to its agreement with New Age Nanotech, to license its clinically-backed, patent-pending cannabinoid emulsion technology, Solutech™ to transform cannabis extracts into shelf-stable clear and odourless, water-soluble forms, ideal for the infusion of beverages, edibles and topicals.
Xebra has fully paid the consideration for the right to produce and use Solutech™. The agreement is effective immediately with an indefinite perpetual term, unless terminated under specific circumstances.
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FULL DISCLOSURE: Xebra Brands Ltd. is a client of Stockhouse Publishing.