Xebra Closes Oversubscribed Financing

Xebra Brands Ltd. ("Xebra") (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC), a cannabis company, is pleased to announce that it has closed its non-brokered private placement (the "Private Placement") previously announced on February 25, 2022. The private placement was oversubscribed by 50%.