Further, the information in this communication is not updated after publication and may become inaccurate or outdated. Reviews from Red White and Bloom employees about Red White and Bloom culture, salaries, benefits, work-life balance, management, job security, and more. 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. Have a confidential news tip? For us, it is extremely important for us to always ensure that our customers, both current and future, are consuming nothing but the highest quality cannabis products. Last summer, Acreage announced a focused core-market operating strategy in nine states in the Northeast, Mid-Atlantic and Midwest. Investors are cautioned against attributing undue certainty to forward-looking statements. We are not regulated by the Financial Conduct Authority. "With such high patient demand in Florida," said Brad Rogers, CEO of Red White & Bloom, "the Apopka facility will deliver the cultivation needed to meet our significant retail expansion goals throughout the state. 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). Investors are cautioned against attributing undue certainty to forward-looking statements. RWBFL is fast tracking the remaining 25 pods and expects to have them operational no later than December 1st. Red White & Bloom (RWB) is the torchbearer leading a new frontier and setting a standard in . . Red White & Bloom is the torchbearer leading a new frontier and setting a standard in the American cannabis industry. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur. Click and come over to the greenhouse! 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. 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. 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. Our Red White & Bloom Florida team has been on time, on target and under budget with the execution of every step of our aggressive three-phase development strategy for our two cultivation centers in Florida, stated Brad Rogers, CEO of Red White & Bloom. The recently released 2021MJBizFactbookprojects Florida medical marijuana sales will approach $1.3 billion in 2021 and nearly $2 billion annually by 2025. We have nurtured our strains to produce high quality flower in the Florida climate while producing high yields, industry-leading THC percentages and superior terpene content, noted Jim Frazier, GM of RWB Florida. This acquisition comes directly on the. Adding, We will begin with premium specialized confectionary offerings as finished retail-ready packages where medical patients will be able to select from a variety of different products. All Rights Reserved. The deal also includes the sale of property in Sanderson, Florida. 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. While the Company may elect to, it does not undertake to update this information at any particular time. Get ahead of the crowd by signing up for420 Investorwhen it becomes available again. This communication is a paid advertisement. https://www.linkedin.com/company/redwhitebloomus/jobs/. Aggregate Purchase Price: $60,000,000 in cash, stock, and other cash considerations including: Acreage anticipates closing the transaction during the second quarter of 2021. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. 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. 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. Red White & Bloom Brands Inc. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. To facilitate the aggressive growth and projected harvest schedule at the Apopka facility, RWBFL has recently hired numerous highly talented cultivation specialists and is developing a large, diverse workforce. All Rights Reserved. By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found herehttps://www.valuethemarkets.com/terms-conditions/and acknowledge that you have reviewed the Disclaimer found herehttps://www.valuethemarkets.com/disclaimer/. 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. While the Company may elect to, it does not undertake to update this information at any particular time. 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 Brands Inc. The Company cautions that the foregoing list of material factors is not exhaustive. Coupled with our cultivation and processing in Sanderson, the additional product will ensure Red White & Bloom has the needed inventory to fulfill inventory requirements at our HT Medical Cannabis dispensary in Springhill and for the next three dispensaries opening in the first quarter of 2022. . 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. All Rights Reserved. Phase 2 started with the commissioning and OMMU approval of five pods that subsequently have been loaded and are growing plants. 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). 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. Get To Know Us! 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. 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. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. 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. This is why we made it a priority to control the whole process from seed all the way through to sale. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. 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. 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. - Oversee the development, revision, and implementation of the emergency response & business continuity plans for all company locations including development of plan, program documents, exercises, and training. Building out the remaining space in Apopka so RWBFL maximizes both facilities to generate profitable revenue. RWBFL has made tremendous progress with the launch of its 45,000 sq. There is no assurance that these transactions will yield results in line with management expectations. - Review and approve incident reports and other reports written by security agents prior to submitting to the executive management team?follow up with security agent if needed Insights from 6 Indeed users who have interviewed with Red White and Bloom within the last 5 years. - Act as a point of contact for all security: including operational oversight and of monitoring video and access control through review of audit reports and security systems The other half is for mothers, clones and vegetative operations for the Companys proprietary genetic strains. Upload your resume. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. - Establish physical security operations management across multiple sites 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. - 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. Received regulatory approval to commence operations on Sept. 29, 2021. Together we will be building a successful operation that benefits this community and our employees families, improves quality of life for medical cannabis patients and enhances shareholder value., Floridas medical marijuana industry is the third largest in the US, and generated nearly $1.23 billion in taxable sales in 2020, according to Arcview Market Research, which projects the industry could generate $6 billion in Florida sales by 2030. The Company will be taking delivery of the units in Florida for deployment at the Sanderson Property, which forms part of the Florida acquisition agreement and includes the sale of the property in Sanderson, with over 15 acres of land and a 113,546 SF facility for cultivation and processing. Since its founding in 2011, Acreage has focused on building and scaling operations to create a seamless, consumer-focused, branded experience. 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. 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. RWB Florida 13907 Arnold Rhoden Road, Sanderson, FL 32087. 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. 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. The deal also includes the sale of property in Sanderson, Florida that includes over 15 acres of land and approximately 11,000 SF facility for cultivation and a 4,000 SF freestanding administrative office building. Shared on August 21, 2022 Explore interviews Red White and Bloom locations 3.0 Sanderson, FL Show all locations Red White and Bloom RWBFL met an additional milestone on November 2, with the production of its first batch of chocolates from its new edibles kitchen in Sanderson . - Investigate and review onsite accidents and incidents and coordinate a response with other departments needed The pods provide an additional 19,200 sq. The Company cautions that the foregoing list of material factors is not exhaustive. Red White & Bloom. Acreage also owns Universal Hemp, LLC, a hemp subsidiary dedicated to the distribution, marketing and sale of CBD products throughout the U.S. 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. The Company currently has active operations and licenses in 13 states and continues to pursue divestitures of its remaining non-core state operations and licenses. 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. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the Publisher) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. 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. Acreages wide range of national and regionally available cannabis products include the award-winning The Botanist brand, the highly recognizable Tweed brand, the Prime medical brand in Pennsylvania, the Innocent edibles brand in Illinois and others. www.globenewswire.com/en/news-release/2021/04/13/2209199/0/en/BDSA-Launches-Cannabis-Retail-Sales-Tracking-in-Florida-and-Michigan.html. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Any statements made should not be taken as an endorsement of analyst views. ft. of indoor cultivation space that will produce high quality flower. 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. 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. We have expanded our operations in key US states as we continue to refine our strategy to grow RWB across US legal markets. 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. ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. 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. The sale of our Florida operations is a significant step in our previously announced operating strategy to focus on those core markets that we believe will accelerate our path to profitability and position us for significant long-term growth and cash generation. The Company will be taking delivery of the units in Florida for deployment at the Sanderson . 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. Phase 3 On Schedule - Additional cultivation capacity in Sanderson. Illinois Adult-Use Cannabis Sales Slow to Begin 2023. From corporate responsibilities to social responsibilities we are built to enable and provide both social and economic impact within our communities. 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. All investments can fall as well as rise in value so you could lose some or all of your investment. The other half is for mothers, clones and vegetative operations for the Companys proprietary genetic strains. - Provide training specific for security agents prior to the security agent commencing job functions Red White & Bloom Florida LLC (RWBFL), a Red White & Bloom Brands subsidiary, has closed on the acquisition of an operational 45,000 square foot greenhouse situated on 4.7 acres of land in Apopka, Florida. This communication is based on information generally available to the public and on an interview conducted with the companys CEO, and does not contain any material, non public information. Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. Sanderson, FL Launch of RWBFLs first edibles facility that will produce milk, dark, and white chocolate bites with unique flavor profiles. Find jobs. RWBFL has made tremendous progress with the launch of its 45,000 sq. More information is available at www.acreageholdings.com. 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. About Red White & Bloom Brands Inc.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. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions. Together we will be building a successful operation that benefits this community and our employees families, improves quality of life for medical cannabis patients and enhances shareholder value., Floridas medical marijuana industry is the third largest in the US, and generated nearly $1.23 billion in taxable sales in 2020, according to Arcview Market Research, which projects the industry could generate $6 billion in Florida sales by 2030. 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. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. 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. 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. 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. 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. 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. Ratings by category. 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. - Serve as a member of the Emergency Response Team and the Corporate Safety, Committee Job Title. 1 Source: www.globenewswire.com/en/news-release/2021/04/13/2209199/0/en/BDSA-Launches-Cannabis-Retail-Sales-Tracking-in-Florida-and-Michigan.html. While the Company may elect to, it does not undertake to update this information at any particular time. 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. Each pod will produce 63 lbs. While the Company may elect to, it does not undertake to update this information at any particular time. (Source: Florida Trend). Multistate marijuana operator Acreage Holdings said it has a definitive agreement to sell its medical cannabis operation in Florida to Red White & Bloom Brands for $60 million in cash and stock. 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. Building out the remaining space in Apopka so RWBFL maximizes both facilities to generate profitable revenue. If you have questions about Red White & Bloom and its proposed investments and acquisitions or need more information, visit our Investor Portal.
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