Cannabis

Xebra Brands terminated its acquisition of BSK Holdings Inc. but maintains a strong manufacturing and distribution partnership for its ELEMENTS™ CBD line in the U.S. The company is addressing delays in audited financial statements due to management transitions and liquidity issues, securing a C$110,000 loan to support operations and the audit. Xebra is a Canadian cannabis firm focused on wellness products, notably in Mexico and expanding across North America.

Cronos Group Inc. announced CEO Mike Gorenstein will present at the TD Cowen Future of the Consumer Conference on June 4, 2025. The company, focused on cannabinoid innovation with brands like Spinach and Lord Jones, aims to shape the consumer experience through research and development. The live webcast will be available on Cronos’ investor relations website. This release includes forward-looking statements.

Avant Brands Inc. concluded its annual general meeting on May 30, 2025, with 16.19% of outstanding shares represented. Shareholders elected all six nominated directors, re-appointed Ernst & Young LLP as auditor, and approved several proposals, including the deferred share unit plan, its amendments, long-term incentive plan, its amendments, and the repricing of warrants and convertible debentures. Complete voting details reside on SEDAR+.