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Xebra Provides Update on MCTO
VANCOUVER, BC / / August 1, 2025 / Xebra Brands Ltd. ("Xebra") (CSE:XBRA)(OTC PINK:XBRAF)(FSE:9YC), an international cannabis company, is providing an update to its previously disclosed management cease trade order ("MCTO"), announced on July 2, 2025, in respect of the audited annual financial statements and corresponding management's discussion and analysis for the year ended February 28, 2025, including the CEO and CFO certifications (collectively, the "Annual Financial Filings") that were not filed by the required filing deadline of June 30, 2025 (the "Filing Deadline"). As previously disclosed, the Annual Financial Filings were not filed by the Filing Deadline due to the fact that there have been certain liquidity constraints and delays associated with recent changes of management. The Company is working expeditiously on the steps required to complete the Annual Financial Filings and expects to be able to file the Annual Financial Filings by August 29, 2025. The Company will provide updates as further information relating to the Annual Financial Filings becomes available. Until the Annual Financial Filings are filed, the MCTO will be in effect. Additionally, the Company will issue bi-weekly default status reports in accordance with National Policy 12-203 - Management Cease Trade Orders. The Company intends to satisfy the provisions of the Alternative Information Guidelines during the period it remains in default of the filing requirements. The Company confirms that there have been no material business developments or other material information relating to its affairs as of the date of this news release that have not been generally disclosed. ABOUT XEBRA BRANDS Brands is a Canadian cannabis company with international reach, focused on the development and commercialization of cannabis‑derived wellness products. Xebra is the first company to receive full authorization to import, cultivate, manufacture, and sell cannabis (‑1% THC) in Mexico, and is actively expanding its ELEMENTS™ product line through strategic partnerships in North America. On Behalf of Xebra Brands GallardoInterim CEO For more information contact:+52 55 6387 2293ir@ Forward-Looking InformationExcept for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes, but is not limited to, business goals and objectives of the Company; statements and information regarding the timing for the filings of the Annual Filings; the Company's ability to be a first mover in a country, or to obtain or retain government licenses, permits, or authorizations in general, or specifically in Mexico, Canada or elsewhere, including cannabis authorizations from the Mexican Health Regulatory Agency (COFEPRIS); the Company's ability to satisfy the conditions of authorizations granted by COFEPRIS; any continuing uniqueness of any of the Company's products; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the reliance of the Company on its auditors and management with respect to the Annual Filings; Such factors include, but are not limited to, the inability of the Company to retain the authorizations granted by COFEPRIS; the inability to generate sufficient revenues or to raise sufficient funds to carry out its business plan; changes in government legislation, taxation, controls, regulations and political or economic developments in various countries; risks associated with agriculture and cultivation activities generally, including inclement weather, access to supply of seeds, poor crop yields, and spoilage; compliance with import and export laws of various countries; significant fluctuations in cannabis prices and transportation costs; the risk of obtaining necessary licenses and permits; inability to identify, negotiate and complete potential acquisitions, dispositions or joint ventures for any reason; the ability to retain key employees; dependence on third parties for services and supplies; non-performance by contractual counter-parties; general economic conditions; the continued growth in global demand for cannabis products and the continued increase in jurisdictions legalizing cannabis; the timely receipt of regulatory approvals for license applications on terms satisfactory to the Company; and other related risks as more fully set out in the registration statement of Company and other documents disclosed under the Company's filings at In addition, there is no assurance that the Company will: be a low-cost producer or exporter; obtain a dominant market position in any jurisdiction; or have products that will be unique. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. SOURCE: Xebra Brands Ltd View the original press release on ACCESS Newswire
Yahoo
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Canadian charity close to getting aid trucks into Gaza for first time since March
OTTAWA — Two months after announcing it had truckloads of food waiting to enter Gaza, a Canadian charity says it's finally about to get its first shipment of aid to desperate Palestinians since March. Human Concern International has two trucks in place filled with bags of flour that were supposed to enter Gaza on Friday. It says it changed its plans because desperate Palestinians have been looting aid trucks. "It's beyond catastrophe, what's happening in Gaza right now," said the group's head, Mahmuda Khan. HCI used to send aid trucks into Gaza regularly before Israel blocked all outside aid in March and set up its own distribution sites. Hundreds of Palestinians have been shot dead by Israeli soldiers while trying to access food at those sites. Israel recently lifted some restrictions on food deliveries and Jordanian soldiers started airdropping aid purchased by Ottawa into the enclave this week. Khan's group was given permission to enter the Gaza strip Thursday with two trucks, each carrying 1,300 25-kilogram bags of flour. She said they chose not to cross into Gaza Thursday because aid trucks have been swarmed by large groups of Palestinians, making it unsafe for locals and staff. She said three truckloads of flour and seven trucks containing 2,080 boxes of food are ready to enter the territory once the charity finds a safer route. Khan said Israel needs to vastly increase the amount of aid it's letting into Gaza, adding authorities at the border are only allowing her group to deliver food that requires cooking, such as lentils and rice. "We're not allowed to put baby formula, we're not allowed to put any meat there right now. So it's calorie-counted versus nutrition calculations," she said. The group is urging Ottawa to push Israel for more access so that canned tuna and baby formula can be allowed in the territory. Her organization has accused Israel of "deliberately limiting types and amounts of food supplies to keep Gazans within a specific malnutrition threshold." The Israeli government says it is meeting its humanitarian obligations. Israel imposed a blockade on Gaza in March, arguing that Hamas had been selling vital supplies and food to pay its fighters. UN agencies say this was not happening to any large extent. After two and a half months, Israel allowed Americans to launch the Gaza Humanitarian Foundation, which set up aid distribution sites. Hundreds of Palestinians have been killed by Israeli army fire and American contractors while trying to access those sites. A week ago, Israel slightly loosened its restrictions. UNICEF has said it needs to undertake "therapeutic feeding" for children with severe acute malnutrition who can no longer eat normal food. That requires products such as Plumpy'Nut, a mix of peanuts and fats. Khan said her group is also purchasing local produce in Gaza at astronomical rates, with one kilogram of onions costing the equivalent of $21.60 and the same quantity of tomatoes costing $18.90. She said her group has two medical clinics that struggle to find medicines, equipment and fuel for generators. They frequently see children with infectious diseases caused by drinking contaminated water, she said, and the people of Gaza need more than just food. "They need a complete solution, a holistic approach of pure, clean water, nutritional food on an ongoing and consistent basis — and not just for a week or two," she said. Israel has repeatedly pushed back on claims that it is causing starvation in Gaza - the assessment shared by Ottawa, U.S. President Donald Trump and most major global organizations. "Israel has been an active partner in humanitarian aid delivery to Gaza consistent with its responsibilities under international law," Israeli Ambassador Iddo Moed wrote in a media statement Wednesday. He said Israel has facilitated the movement of 600 aid trucks over the previous five days. The UN has said that is the number of aid trucks needed each day in order for Gaza's population to meet its basic humanitarian needs. Gaza was receiving roughly 70 truckloads of aid a day before last week - one of the lowest aid delivery rates since the war started. Israel and the UN have repeatedly blamed each other for delays in aid reaching Palestinians, with Israel saying hundreds of trucks have sat idle. The UN says that in order to retrieve aid at the border or move around most of the Gaza Strip, its trucks must enter zones controlled by the military, load the aid and get it safely to the people who need it. It says the whole trip can take 20 hours. Large crowds of desperate people, as well as criminal gangs, overwhelm the trucks as they enter Gaza and strip them of supplies, The Associated Press has reported. Witnesses tell the agency that Israeli troops regularly fire on the crowds, killing and injuring many. The military frequently assigns routes for trucks to use that are unsuitable; "impassable for long truck convoys, passing through crowded markets, or controlled by dangerous gangs," the UN humanitarian office said last month. The UN released a video Friday of what it said was one of its own convoys on Wednesday. It shows hundreds standing at a roadside as warning shots are fired. After the shooting stops, men and boys swarm the convoy. Israel said it doesn't limit the truckloads of aid coming into Gaza, and that it regularly looks for the best routes to provide access for the international community. — With files from The Associated Press This report by The Canadian Press was first published Aug. 1, 2025. Dylan Robertson, The Canadian Press
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Toronto approaching pre-pandemic tourism levels, thanks to bump in visitors from U.K., Germany
Toronto is getting closer to pre-pandemic levels of tourists in the city, which Destination Toronto says is thanks in part to an increase in European travellers. "The city is doing well," said Kathy Motton, senior manager of corporate communications at Destination Toronto. "There's a lot of interest from Canadians wanting to travel in Canada and stay in their country," she said. "We are seeing that the U.S. is down, not surprisingly, but in turn the international market is up." Toronto welcomed nine million visitors in 2024, according to Destination Toronto figures, just 600,000 shy of the number of visitors it welcomed in 2019 pre-pandemic. Canadians led the way, with American visitors coming second at 1.6 million. However, Motton says visits dropped four per cent year over year in the first quarter of 2025, owing to "ongoing geopolitical and economic uncertainty." While she says "it's too early for a full 2025 projection," Motton also says the summer is helping Toronto make up for lower numbers earlier in the visitors from U.K., Germany Visitors from the United Kingdom and Germany were both up in June by six per cent each, year over year, Motton says, noting it may be a result of Europeans looking for new places to travel. Toronto is an attractive destination for Europeans due to cost, says Wayne Smith, a tourism professor at Toronto Metropolitan University. "The euro versus Canadian dollar is doing very well, so Toronto actually looks like a value destination," said Smith. "They're paying close to $200 a night. And when you compare to European prices, it actually becomes a value type destination for them." Smith says what's happening in the U.S. is also probably playing a role in bringing European travellers to Toronto. "Canada has been in the news a lot so it becomes more top of mind," he said. "Because of the U.S. situation and with visas and fears about ICE – you add in some of the economic component to it, all of a sudden Canada looks like a much more attractive destination versus the U.S." Toronto is also attractive to Europeans because it's a closer destination than places like Calgary or Vancouver, Smith says. Destination Toronto opened new offices in the U.K. and Germany in June in an effort to attract more European tourists to the city. Motton says she expects numbers will grow from those countries, especially as we get close to the FIFA 2026 World Cup, which Toronto is co-hosting. "Once we hear which countries are going to be playing here, I think we're going to see a lot of interest from the various different countries that are playing here in the city," she said. Meanwhile, Henry Greisman, a manager at Toonie Tours, one of Toronto's walking tour operators, says he's seeing an increase in visitors from South America. The company, which offers Spanish tours, has had to add additional tours to meet demand, he says. "We would take on average say 15, maybe 18 passengers on a tour and they go on a three hour tour in downtown Toronto. This year we are seeing upwards of 25 and our maximum is 30 guests on a tour," Greisman said. Americans remain key to tourism recovery: experts Still, Greisman says he's noticed a decline in U.S. visitors so far this year — a decline both Smith and Motton say is important to turn around. "We're going to continue to market to the Americans," Motton said, noting U.S. visitors to Toronto are down nine per cent since 2024. Their return is crucial to a true tourism recovery, Smith says. "When you're looking at a three-to-one ratio, three U.S. tourists to every international tourist, which is sort of our traditional realm, what you're finding is that would be an awfully large market to give up entirely," he said.
