READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. 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. RWB has developed a branded capsule and rosin line along with a proprietary line of chocolates that will be available to medical patients in Q4 of 2021. 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. We are thankful to all of our incredible customers who support our brands. 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 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. 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. 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. In addition, Canopy Growth holds an option, exercisable at the discretion of Canopy Growth, to acquire all of the issued and outstanding Class D subordinate voting shares (the Floating Shares) at the time that Canopy Growth acquires the Fixed Shares, for cash or Canopy Growth shares, as Canopy Growth may determine, at a price per Floating Share based upon the 30-day volume-weighted average trading price of the Floating Shares on the CSE relative to the trading price of the Canopy Growth shares at the time of the occurrence or waiver of the Triggering Event, subject to a minimum price of US$6.41 per Floating Share. 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. More information is available at www.acreageholdings.com. To see all exchange delays and terms of use, please see disclaimer. 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. The deal reflects a further retrenchment by New York-based Acreage as it refocuses on a few core markets. 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. - Follow up with supervisors and operations staff to correct safety hazards. 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. It is anticipated, as per the Companys previous press releases, that subject to regulatory approval, this transaction will close in Q2 2021. 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. Find jobs. 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. 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. 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. 3.0 out of 5 . 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. 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. 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. 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. Red White & Bloom. ft. of indoor cultivation space that will produce high quality flower. Red White and Bloom Jobs Job Openings - powered by myStaffingPro Applicant Tracking System : Career Search : Notify Me About Future Openings. Sanderson, FL Launch of RWBFLs first edibles facility that will produce milk, dark, and white chocolate bites with unique flavor profiles. 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. 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. Phase 2 started with the commissioning and OMMU approval of five pods that subsequently have been loaded and are growing plants. "The Apopka facility is part of the overall strategic vision RWB has for Florida and we are excited to see such forward progress being made since acquiring our license earlier this year," said Jim Frazier, GM of RWB Florida. 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. We encourage greatness and support change ideology. 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. https://www.linkedin.com/company/redwhitebloomus/jobs/. An up-front cash payment of $5,000,000 upon execution of the definitive agreement. Copyright 2020 - 2022 Value The Markets, The content of this site is intended to be used, and must only be used for information purposes only. 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. 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. RWB is predominantly focusing its investments on the major US markets, including Michigan, Illinois, Florida, Oklahoma, Arizona, and California with respect to cannabis, and the US and internationally for hemp-based CBD products. - Collaborate and design security systems including software and hardware for new construction, expansion and retrofit projects. Phase 3 On Schedule - Additional cultivation capacity in Sanderson. - Subject Matter Expert for physical security system testing and acceptance and assuring operational readiness at project completion. The deal also includes the sale of property in Sanderson, Florida. Red White and Bloom. 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. Insights from 6 Indeed users who have interviewed with Red White and Bloom within the last 5 years. 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 Director of Security should be a detail oriented leader with a passion for maintaining a safe and secure premium environment. Red White & Bloom is the torchbearer leading a new frontier and setting a standard in the American cannabis industry. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. - Identify potential risks to all company locations, its employees, guests, and assets through regular site visits, risk assessments, observations, and data analysis. All. 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. 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. 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. Received regulatory approval to commence operations on Sept. 29, 2021. The information on which it is based is believed to be reliable. The forward-looking statements and information in this press release includes information relating to the implementation of the Companys business, the PharmaCo acquisition, Florida acquisition, Illinois acquisition and previously announced financing commitments. Patricia Miller has not been paid to produce this piece by the company or companies mentioned above. Past performance is not an indicator of future performance. An inside look at how Red White & Bloom Brands maintain the values of a small company while expanding their reach. 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. Red White & Bloom. 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. 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. - Provide training specific for security agents prior to the security agent commencing job functions 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. The plan is ahead of schedule with this weeks delivery of 30 modular grow pods to Red White & Bloom Florida LLC (RWBFL), a Red White & Bloom Brands subsidiary, at its Apopka, Florida cultivation location. Red White & Bloom Brands Inc. There is no assurance that these transactions will yield results in line with management expectations. Phase 3 On Schedule - Additional cultivation capacity in Sanderson. of sellable product per harvest. With growth of over 145 percent in just the first six months of this year, we are pleased to be entering this fast growing market now.. - 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. 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. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. It is anticipated, as per the Companys previous press releases, that subject to regulatory approval, this transaction will close in Q2 2021. 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 shares issued are subject to regulatory resale restrictions in accordance with both US and Canadian securities laws. Sanderson, FL - Launch of RWBFL's first edibles facility that will produce . 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. Find salaries. Acreage Announces Sale of Florida Operations To Red White & Bloom Brands. 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 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. Building out the remaining space in Apopka so RWBFL maximizes both facilities to generate profitable revenue. Cultivated under the watchful eye of master growers, our products include smokable flower, a wide range of edibles & topicals as well as our premium skin care line PURA. 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. 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. Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. . Red White & Bloom. . 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. All Rights Reserved. www.globenewswire.com/en/news-release/2021/04/13/2209199/0/en/BDSA-Launches-Cannabis-Retail-Sales-Tracking-in-Florida-and-Michigan.html. 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. If you do not agree to the Terms of Use, please contactvaluethemarkets.comto discontinue receiving future communications. The grow pods provide us with speed to market capabilities which are needed for RWBFL to meet and exceed expectations for generating profitable revenue early in 2022.. Growing commenced Sept. 30, 2021 with projected annual revenue in excess of USD $10 million. 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. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. 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. - 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 All investments can fall as well as rise in value so you could lose some or all of your investment. (Source: Florida Trend). 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, the potential for conflicts of interest among certain officers or directors, and the volatility of the Companys common share price and volume. All trademarks used in this communication are the property of their respective trademark holders. 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. Have a confidential news tip? Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. For more information about Red White & Bloom Brands Inc., please contact: Brad Rogers, CEO and Chairman604-687-2038, 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. The majority of Floridas medical cannabis market is supplied with mass produced flower with common strains. In this case, the Publisher has been compensated byRed White & Bloom Brands Inc. to conductinvestor awareness advertising and marketing and has paid the Publisher the equivalent of five hundred thousand US dollarsto produce and disseminate this and other similar articles and certain related banner advertisements. 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. Past performance is not an indicator of future performance. https://fldispensaries.com/florida/dispensary/prices/. This is why we made it a priority to control the whole process from seed all the way through to sale. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. All Rights Reserved. All Rights Reserved. The Company cautions that the foregoing list of material factors is not exhaustive. 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. Digitonic Ltd, the owner ofvaluethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above. RWBFL is fast tracking the remaining 25 pods and expects to have them operational no later than December 1st. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. 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 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. FL, Apopka; FL, Sanderson; Florida, Daytona; Select Position: -select all-Cultivation Technician; Dispensary Associate; Facilities & Maintenance Technician . 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. - 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. 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. 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. 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. -New Greenhouse to begin yielding product by year end 2021--Acquisition adds near term cultivation capacity while company looks to bring on line its 114,0000 square foot facility in Sanderson . Growing commenced Sept. 30, 2021 with projected annual revenue in excess of USD $10 million. By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. The Publisher has no access to non-public information about publicly traded companies. The addition was built to accommodate the fast-growing demand for edibles in the market1. Phase 2 Installed and commissioned the first five pods. This communication is a paid advertisement. 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.
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