Xebra On Track To Deliver First Cannabis Harvest In The Netherlands This March

Xebra Brands Ltd.'s XBRAF XBRA 9YC  cannabis cultivation in the Netherlands is in the flowering stage, just about ready to harvest and submit samples to Dutch authorities by the end of March. Two samples will be delivered - one with high THC ±22% and one with equal parts THC ±6% and CBD± 8%.

As the only one of five companies selected by the Dutch government to participate in a medicinal cannabis cultivation pilot, Xebra is seeking 1 of 2 licenses with a contract for up to 6 years, which will provide for revenues of up to $80 million to co-supply all pharma-grade cannabis to be sold through pharmacies in the Netherlands

The selection process includes the submission of samples from three cannabis trial crops, evaluated for certain criteria, including consistency and technical parameters.

"We are extremely pleased with our smooth and successful results to date, as we carefully monitor every growth stage," said Rodrigo Gallardo, president of Xebra. "Our innovated equipment made it possible for us to automate much of the growing process from germination to flowering, ensuring maximum consistency." 

Cultivation in the Netherlands is conducted in Xebra's indoor facility. The company's specific genetic varieties are characterized by high production, compact flowers of excellent quality and fine-tasting terpene profiles, with a growth cycle of 12-16 weeks.

Xebra's director of operations in the Netherlands, Harry von Duijne, is a cannabis horticulture expert with more than two decades of experience. He had a leading role at Bedrocan NL from 2014 and 2017, where he was responsible for managing every aspect of operations of a state-of-the-art cannabis facility, from construction through cultivation and processing, quality management, and GMP certification. Bedrocan, which produces medicinal-grade cannabis under contract for the Dutch Ministry of Health, is the only licensed producer in the Netherlands and was for many years the only licensed producer in all of Europe.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.