RWB is predominantly focusing its investments on the major US markets, including Florida, Illinois, California, Michigan, Oklahoma and Arizona with respect to cannabis, and the US and internationally for hemp-based CBD products. 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. Red White & Bloom Purchases Cultivation Pods for Florida; Immediately Shipping to Ready for Upcoming Deal Closing, https://fldispensaries.com/florida/dispensary/prices/, https://www.valuethemarkets.com/terms-conditions/, https://www.valuethemarkets.com/disclaimer/. While the Company may elect to, it does not undertake to update this information at any particular time. 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. Red White & Bloom is the torchbearer leading a new frontier and setting a standard in the American cannabis industry. . 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; risks related to regulatory approvals. Red White & Bloom Brands Inc.
The company will brand its Florida medical dispensaries beginning in Q4 and is developing a consistent retail footprint and product line to align with the medical market in Florida. After surging to end the year, Illinois adult-use cannabis MariMed Reports Fourth Quarter and Full Year 2022 Financial Download the free New Cannabis Ventures app on the iOSApp Store or Google Play and get real-time push notifications straight to your phone on the latest breaking news and exclusives published. RWBFL met an additional milestone on November 2, with the production of its first batch of chocolates from its new edibles kitchen in Sanderson . The information on which it is based is believed to be reliable. The pods will allow the Company to immediately operationalize additional cultivation capacity, as it drives to expedite the opening of additional medical marijuana dispensary locations and implements home delivery shortly after closing of the transaction. The Company and RWB Florida LLC completed a Real Estate Purchase and Sale Agreement for a purchase price of US $1,875,000 payable as to: (a) US $750,000 cash paid on closing; (b) US $125,000 in the form of promissory note of RWB Florida LLC payable in 5 monthly instalments commencing 30 days after Closing; and (c) US $1,000,000 worth of RWB Common Shares at a price of $1.22, being 1,010,656 shares. - Monitor incident and injury data to identify trends and develop corrective actions; provide periodic reports to illustrate the effectiveness of safety initiatives and the overall impact to RWB. - Serve as contract administrator for all first aid equipment at company locations including servicing, placement, and training The other half is for mothers, clones and vegetative operations for the Companys proprietary genetic strains. With the delivery of the grow pods and anticipated launch date of December 1st, we are ahead of schedule and on our way to adding $30 million in revenue annually from the pods. 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. Each pod will produce 63 lbs. All Rights Reserved. NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRDF, ACRHF) today announced its subsidiary, High Street Capital Partners, LLC, has entered into a definitive agreement with Red White and Bloom Brands, Inc. (CSE: RWB) (OTCQX: RWBYF), pursuant to which the Buyer will purchase all of the issued and outstanding shares of common stock of Acreage . The cash proceeds will significantly bolster our balance sheet and position us to accelerate our cultivation expansion projects and open additional dispensaries to support our growth into key adult-use cannabis states such as Illinois and New Jersey. - Project management of multiple concurrent security system or installation projects. Get ahead of the crowd by signing up for420 Investorwhen it becomes available again. 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. The 30 pods will produce 10,000 pounds of high quality flower per year that will generate $30 million in additional revenue. - Lead effort to implement, monitor and maintain a product security program with our Brands organization, protecting product leaks and the theft of pre-release products. - Conduct monthly security audits and ensure all cameras, access control and alarm. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. These units, once online, shall be able to produce in excess of 7000lbs of flower annually, as well as thousands of pounds of trim with an estimated value in excess of US$40 million annually1. Prospective employees can view job openings on LinkedIn https://www.linkedin.com/company/redwhitebloomus/jobs/ and submit their resume and cover letters via info@redwhitebloom.com. www.globenewswire.com/en/news-release/2021/04/13/2209199/0/en/BDSA-Launches-Cannabis-Retail-Sales-Tracking-in-Florida-and-Michigan.html. When used in this press release, the words estimate, project, belief, anticipate, intend, expect, plan, predict, may or should and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The staff, with an innovative and unique approach to the new chocolate line, has produced some of the best chocolates in the state, and has plans to quickly expand into additional edible SKUs in the very near future. 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. They are responsible for overseeing all security operations within the company facilities. This acquisition comes directly on the. Get To Know Us! 1 Based on $45 per 1/8 ounce estimated sale price per: https://fldispensaries.com/florida/dispensary/prices/. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. of sellable product per harvest. 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 Investors are cautioned against attributing undue certainty to forward-looking statements. RWBFL will be expanding the current team of 15 to 25 by yearend and further expanding to 50 by end of the first quarter 2022. NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) . The deal reflects a further retrenchment by New York-based Acreage as it refocuses on a few core markets. The Publisher has no access to non-public information about publicly traded companies. - Lead a working group to ensure the current policies and procedures are properly implemented, integrated, effective, and relevant to ensure the safety of agents and assets
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. https://www.linkedin.com/company/redwhitebloomus/jobs/, UPDATE 1-China underlines key role of coal amid energy security drive, WRAPUP 1-China sets modest growth target of about 5% as parliament opens, UPDATE 1-Nations secure U.N. global high seas biodiversity pact, UPDATE 1-Another Norfolk Southern train derails in Ohio, railroad says no toxins aboard, China to guard against risks in property market - Premier Li. 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. 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. We are thankful to all of our incredible customers who support our brands. The recently released 2021 MJBizFactbook projects Florida medical marijuana sales will approach $1.3 billion in 2021 and nearly $2 billion annually by 2025. This communication is a paid advertisement. Phase 1- Complete - Build-out of Apopka Greenhouse. Red White & Bloom Florida is assembling an outstanding team that continues to rise to every challenge and meet every objective as we strive toward our core focus of aggressively developing our locations and producing high quality products and profitable operations, stated Frazier. ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. It is anticipated, as per the Companys previous press releases, that subject to regulatory approval, this transaction will close in Q2 2021. The majority of Floridas medical cannabis market is supplied with mass produced flower with common strains. When used in this press release, the words estimate, project, belief, anticipate, intend, expect, plan, predict, may or should and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. 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. The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. RWB is predominantly focusing its investments on the major US markets, including Florida, Illinois, California, Michigan, Oklahoma and Arizona with respect to cannabis, and the US and internationally for hemp-based CBD products. BDSA1 reports that, Floridas medical cannabis market is expected to reach $1.5 billion in sales in 2021, growing 53% over 2020. Adding, With both recreational and medical cannabis expected to be legal in Florida by 2023, BDSA forecasts it will grow to $2.6 billion by 2026. The production facility was built within a 4,800 square foot standalone structure at RWB Floridas Sanderson location. 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. (Source: Florida Trend). Adult-use markets are opening up across the United States and RWB is positioned to be a first mover in what remains an industry in its infancy. Thank you! The Company is positioning itself to be one of the top three multi-state cannabis operators active in the U.S. legal cannabis and hemp sector. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. The company is positioning itself to be one of the top three multi-state cannabis operators active in the US legal cannabis and hemp sector. ft greenhouse and has implemented a proven growing process in Apopka, where half of the greenhouse is used for auto flower production for biomass to support RWBFLs future extraction operation. 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. The locations of the three dispensaries are St. Petersburg, Daytona, and Miami Beach., Rogers added, This team is a working like a well-oiled machine and is simultaneously laying the groundwork for future expansion in Sanderson and other strategic locations that RWBFL is pursuing across the state.. 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. There is no assurance that these transactions will yield results in line with management expectations. 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. 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.