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Red White & Bloom Brands Inc.
(CSE: RWB) (OTCQX: RWBYF)

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Red White & Bloom Brands Inc. (CSE: RWBYF) (OTCQX: RWBYF) is a torchbearer blazing a new frontier in American cannabis by adhering to the highest ethical, manufacturing, educational, branding and employment standards available in the industry.

Red White & Bloom is a super state operator, leveraging a sizable footprint to dominate the areas in which it operates. CEO Brad Rogers and other management members have seen the struggles of multi-state operators who have spread themselves too thin, which is why Red White & Bloom is intent on dominating each state it enters before expanding further.

Although targeting individual states in the United States, the company is headquartered in Toronto, Canada. Red White & Bloom was established after privately held MichiCann Medical Inc. merged with publicly traded Tidal Royalty in 2019.

Brands

Red White & Bloom has entered strategic brand acquisitions and partnerships aimed at helping the company expand its presence and position as one of the largest players in the United States cannabis market. Red White & Bloom is always diligently searching for brands to acquire that will provide additional value to the company and expand its national footprint.

Investment Considerations

  • Red White & Bloom considers itself a super state operator (not a multi-state operator), as it goes in with a sizable footprint and dominates the areas in which it operates before expanding.
  • The company currently operates, has cannabis assets in, or is in the process of closing cannabis assets in Michigan, Illinois, Florida, California, Oklahoma and Massachusetts.
  • Red White & Bloom is always looking to acquire new brands that will help to expand its brand awareness and advance its mission.
  • The company has established a major presence in Michigan through its investee, which has a total of 18 dispensaries and three cultivation operations.
  • Red White & Bloom intends to finish 2021 with 50+ locations across the country.
  • The company’s brand portfolio includes Platinum Vape, Platinum Wellness, High Times and Mid-American.
  • The global cannabis market was valued at $24.6 billion in 2020, with 91.1% of this revenue attributed to North America; the market is expected to reach $84 billion by 2028.
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Recent Coverage
 

InvestorNewsBreaks - Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Reaches 'Major Milestone,' Closes on Acquisition

February 8, 2022 11:30 AM

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), through its wholly owned subsidiary RWB Michigan LLC, has closed on the acquisition of PharmaCo Inc. The acquisition, which was originally announced in 2020, brings an extensive list of assets to RWBYF, including 21 medical and adult-use cannabis licenses, eight fully operating dispensaries with five dually licensed, two operational indoor cultivation facilities totaling more than 30,000 square feet, one municipally licensed 10-acre outdoor cultivation facility ready for the 2022 season, two ready-to-open dispensaries, and22 owned properties for potential additional cultivation and dispensary locations. With the acquisition, Red White & Bloom also becomes fully licensed and integrated from seed-to-sale for medical and adult-use cannabis in one of the top markets in the country; Michigan reported an estimated $1.79 billion in cannabis sales last year. “I’m pleased to announce that we have closed on the PharmaCo acquisition and now control all aspects of our Michigan operations,” said Red White & Bloom chair and CEO Brad Rogers in the press release. “This is a major milestone for RWB and its shareholders as we continue to execute key components of our growth strategy and build our house of brands across our core markets, as promised. We are now in the driver’s seat on over 20 assets across Michigan — one of the largest and fastest growing cannabis markets in the country. . . . As we take full control of our Michigan operations from seed- to-sale, our anticipated 2022 initiatives include extending our branded product lines, updating our dispensaries to heighten the customer experience, creating supply chain efficiencies and growing revenue and profitability.”

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