The Company has assumed a certain progression, which may not be realized. TORONTO, April 06, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) ("RWB" or the "Company"), announced today plans to increase cultivation capacity upon closing of the previously announced definitive agreement to enter the Florida cannabis market. For more information about Red White & Bloom Brands Inc., please contact: Brad Rogers, CEO and Chairman 604-687-2038 Tyler Troup, Managing Director Circadian Group IR IR@RedWhiteBloom.com Visit us on the web: www.RedWhiteBloom.com Follow us on social media: Twitter: @rwbbrands Facebook: @redwhitebloombrands Instagram: @redwhitebloombrands By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. You should take independent financial advice from a regulated FCA advisor in connection with, or independently research and verify any information that you find on this site, and wish to rely on whether for the purpose of making an investment decision or otherwise. - Identify potential risks to all company locations, its employees, guests, and assets through regular site visits, risk assessments, observations, and data analysis. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised companys SEC, SEDAR and/or other government filings. Reviews from Red White and Bloom employees in Sanderson, FL about Management. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Self-contained, technically advanced cultivation pods provide a unique opportunity for RWB to produce ultra-premium product for the Florida marketplace that is significantly differentiated to what is commonplace in the market today. RWB is predominantly focusing its investments on the major US markets, including Michigan, Illinois, Massachusetts, Arizona and California with respect to cannabis, and the US and internationally for hemp-based CBD products.
Red White & Bloom Florida Subsidiary Closes Acquisition of 45,000 While the Company may elect to, it does not undertake to update this information at any particular time. TORONTO, April 06, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) (RWB or the Company), announced today plans to increase cultivation capacity upon closing of the previously announced definitive agreement to enter the Florida cannabis market. This is why we made it a priority to control the whole process from seed all the way through to sale. Reviews from Red White and Bloom employees about Red White and Bloom culture, salaries, benefits, work-life balance, management, job security, and more. In addition, RWB Florida has 8 leased stores in prime locations throughout the state. FL, Apopka; FL, Sanderson; Florida, Daytona; Select Position: -select all-Cultivation Technician; Dispensary Associate; Facilities & Maintenance Technician . Such factors include, among others, the following risks: risks associated with the implementation of the Companys business plan and matters relating thereto, risks associated with the cannabis industry, competition, regulatory change, the need for additional financing, reliance on key personnel, market size, and the volatility of the Companys common share price and volume. Phase 1- Complete - Build-out of Apopka Greenhouse.
The addition of the Apopka cultivation center will not only facilitate the product selection plan RWB has for its branded dispensaries but is also projected to add an additional 40-50 employment opportunities for the local community when fully operational. RWBFL met an additional milestone on November 2, with the production of its first batch of chocolates from its new edibles kitchen in Sanderson . Oops! It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. RWB is predominantly focusing its investments on the major US markets, including Michigan, Illinois, Massachusetts, Arizona and California with respect to cannabis, and the US and internationally for hemp-based CBD products. There is no assurance that these transactions will yield results in line with management expectations. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-looking statements are made based on managements beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS. We are brand ambassadors for some of finest products in the market. foot greenhouse, our CBD and hemp products are grown with the greatest of care from seed to shelf. RWB looks to satiate the States demand for a more premium product utilizing a craft-grown discipline for cannabis flower and leveraging both the Platinum Vape and exclusively licensed High Times brands. The Red White & Bloom team will begin rapid development on the facility to ensure all compliance standards are achieved for a Q4 2021 harvest schedule. NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) . Find jobs. You will have no right to complain to the Financial Ombudsman Services or to seek compensation from the Financial Services Compensation Scheme. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. RWBFL has made tremendous progress with the launch of its 45,000 sq. When relying on the Companys forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. RWBFL has made tremendous progress with the launch of its 45,000 sq. We are confident this new facility, coupled with our expert staff of edible specialists, can produce a market-leading offering., According to BDSA the market for ingestible products has increased from $5.3M a month to over $13M a month in the first six months of 2021 stated Brad Rogers, CEO of RWB. This acquisition comes directly on the heels of the Sanderson Florida purchase and provides immediate benefits for significant cultivation expansion for delivery to RWBFL stores in Florida. RWBs brands include iconic names such as High Times and the successful Michigan and California Platinum line. RWBFL is fast tracking the remaining 25 pods and expects to have them operational no later than December 1st. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS. Your submission has been received! It will also allow us to serve patients with the quality and consistency they deserve. THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. Forward-looking statements are made based on managements beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Red White & Bloom, one of the top multi-state cannabis and hemp operators in the U.S., announced Thursday it's acquiring Acreage Florida, Inc. ACRHF (U.S.: OTC), which is licensed to operate . This article does not provide any financial advice and is not a recommendation to deal in any securities or product. There are a number of important factors that could cause the Companys actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others, risks related to the Companys proposed business, such as failure of the business strategy and government regulation; risks related to the Companys operations, such as additional financing requirements and access to capital, reliance on key and qualified personnel, insurance, competition, intellectual property and reliable supply chains; risks related to the Company and its business generally; risks related to regulatory approvals. We have expanded our operations in key US states as we continue to refine our strategy to grow RWB across US legal markets. Acreage Florida is licensed to operate medical marijuana dispensaries, a processing facility, and a cultivation facility in the state of Florida. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. RWB has secured 30 double wide fully enclosed cultivation pods that collectively provide approximately 19,000 square feet of operating space, with 14,400 square feet of canopy. TORONTO and APOPKA, Fla., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF) (RWB or the Company), a multi-state cannabis operator and house of premium brands, has officially entered Phase 2 of its Florida expansion plan. For more information about Red White & Bloom Brands Inc., please contact: Tyler Troup, Managing DirectorCircadian Group IRIR@RedWhiteBloom.com, Visit us on the web: www.RedWhiteBloom.com, Follow us on social media:Twitter: @rwbbrandsFacebook: @redwhitebloombrandsInstagram: @redwhitebloombrands. TORONTO, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) ("RWB" or the "Company"), a leading provider of cannabis brands in the US, has built-out a new production facility, to GMP specifications, in order to capitalize on the growing cannabis derivative market in Florida. Such factors include, among others, risks related to the Companys proposed business, such as failure of the business strategy and government regulation; risks related to the Companys operations, such as additional financing requirements and access to capital, reliance on key and qualified personnel, insurance, competition, intellectual property and reliable supply chains; risks related to the Company and its business generally. Pursuant to the Amended Arrangement, upon the occurrence (or waiver by Canopy Growth) of changes in federal laws in the United States to permit the general cultivation, distribution and possession of marijuana (as defined in the relevant legislation) or to remove the regulation of such activities from the federal laws of the United States (the Triggering Event), Canopy Growth will, subject to the satisfaction or waiver of certain closing conditions, acquire all of the issued and outstanding Class E subordinate voting shares (the Fixed Shares) on the basis of 0.3048 of a Canopy Growth share per Fixed Share (following the automatic conversion of the Class F multiple voting shares and subject to adjustment in accordance with the terms of the arrangement agreement entered into between Acreage and Canopy Growth on April 18, 2019, as amended on May 15, 2019 and on September 23, 2020). Received OMMU approval on Oct 22. Forward-looking statements are made based on managements beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Red White & Blooms portfolio of exceptional brands continues to develop and expand. 1 Based on $45 per 1/8 ounce estimated sale price per: https://fldispensaries.com/florida/dispensary/prices/. Growing commenced Sept. 30, 2021 with projected annual revenue in excess of USD $10 million. All Rights Reserved. It is anticipated, as per the Companys previous press releases, that subject to regulatory approval, this transaction will close in Q2 2021. Have a confidential news tip? This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The majority of Floridas medical cannabis market is supplied with mass produced flower with common strains. THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. Red White & Bloom (RWB) is the torchbearer leading a new frontier and setting a standard in . The Director of Security is responsible for working with the internal shareholders and external customers to develop and manage security policies and procedures while implementing, administering, and revising those policies as needed. Such factors include, among others, the following risks: risks associated with the implementation of the Companys business plan and matters relating thereto, risks associated with the cannabis industry, competition, regulatory change, the need for additional financing, reliance on key personnel, market size, and the volatility of the Companys common share price and volume. Investors are cautioned against attributing undue certainty to forward-looking statements. Digitonic Ltd, the owner ofvaluethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above. Forward-looking statements are made based on managements beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Patricia Miller has not been paid to produce this piece by the company or companies mentioned above. There are a number of important factors that could cause the Companys actual results to differ materially from those indicated or implied by forward-looking statements and information. On June 27, 2019, Acreage implemented an arrangement under section 288 of the Business Corporations Act (British Columbia) with Canopy Growth Corporation (Canopy Growth), which was subsequently amended on September 23, 2020 (the Amended Arrangement). This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. Other thanvaluethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. Investors are cautioned against attributing undue certainty to forward-looking statements. "The Apopka acquisition cements the fact that we are committed to expansion in Florida, which is in line with the overall companys growth strategy across the country.".
An additional $20,000,000 in cash, $7,000,000 in the Buyers common stock, and $28,000,000 in promissory notes upon closing the transaction. The pods provide an additional 19,200 sq.
Acreage Sale of Florida Operations To Red White & Bloom Brands