Supreme Court decision related to cannabis product
By Dumont
As a result of the granting of an injunction and Mexican Law, a cannabis company will be authorized to legally import cannabis seeds, cultivate cannabis, process cannabis, extract cannabinoids, and manufacture cannabis products.Xebra Brands Ltd., a cannabis company, announced that its wholly owned Mexican subsidiary has been granted an injunction by the Mexican Supreme Court, that has positioned the company in the Mexican CBD and CBG market. All five Supreme Court justices voted unanimously in favor of the injunction to Xebra Mexico.
The Supreme Court decision is irrevocable and cannot be appealed. Next the Supreme Court will mandate the Federal Circuit Court that previously heard the case, to enforce the Supreme Court's final decision and direct the Mexican Health Regulatory Agency (COFEPRIS) to grant Xebra all authorizations.
As a result of the granting of the injunction and Mexican Law, Xebra Mexico will be authorized to legally import cannabis seeds, cultivate cannabis, process cannabis, extract cannabinoids, and manufacture cannabis products.
Xebra Mexico's injunction applies specifically to the industrial cannabis sector, and explicitly to cannabis with low-levels of THC (under 1%), therefore, in practical terms, to hemp cultivation and processing, and to the manufacture and sale of mainly CBD and CBG products, such as tinctures, oils, topicals, edibles, beverages, concentrates, distillates, emulsions, and biomass etc., and certain uses of the cannabis flower.
