RWGI - Rodedawg International Industries Inc. (OTC: RWGI) Expands into the Licensed California Cannabis Market
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McapMediaWire --Rodedawg International Industries, Inc. (OTC: RWGI ) proudlyannounces the expansion into the California licensed cannabis market.“We are proud to announce to our shareholders that Rodedawg hassigned an agreement with Chron Industries, LLC for the expansion intothe California licensed market, which will expedite the growth inrevenue streams with offerings and distribution outlets. Given thattoday is 4/20, we wanted to share the great news that we haveaccomplished a major milestone in our operations. This agreement givesthe company the ability to operate with a licensed company and givesYear 1 the forward acceleration toward our goal of $7 million plus inrevenues for 2023. We believe that the revenue figure could be muchhigher but we want to stay with conservative Year 1 revenue targets.Chron Industries, LLC is a fully operational, revenue producingCalifornia licensed cannabis company and the exact opportunity thatallows our company the expansion yet saves our shareholders millionsof dollars.” states Chris Swartz, CEO of Rodedawg Intl. Ind.,Inc.
ChrisSwartz, CEO, adds, “According to Statista, sales of legal cannabisin California reach 5.3 billion U.S. dollars in 2022. This value wasover twice as high as 2018. This is a massive market and thisagreement positions the company to jointly provide Cannabis relatedproducts and services with revenue streams back to the Rodedawgenterprise. In the coming weeks, the company will be providing updateson the agreement. Additionally, we will also be announcing thecompany’s entrance into providing a wide range of health careproducts and multi-faceted distribution sales channels.”
Mr. Swartz concludes,“In the next few weeks, management will further inform shareholderson the timeframe and progress of accomplishing success milestones tofurther expand shareholder value. Behind the scenes, we are lining upadditional acquisitions, cancellation of shares, and completion of ouraudit, as our plan from the beginning has been positioning the Companyfor significant growth leading to uplisting.”
About RodedawgInternational Industries, Inc.
Rodedawg International Industries, Inc. (OTC: RWGI)is focused on providing management services, acquisitions andrestructuring resources throughout the regulated California cannabismarket. We are a trusted partner and asset to licensed cultivation,distributors, manufacturers, and retail dispensaries.
Please note the companyTwitter address is for regular updates.
About Budding Horizon, LLC
Budding Horizon, LLC is a California LimitedLiability Company with offices in Orange County, California. Thecompany is focused to providing management services for the licensedcannabis industry and seeks to leverage its expertise in the realestate acquisitions to acquire and develop a portfolio ofassets.
Thecompany website is https://buddinghorizon.com/
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Rodedawg International Industries, Inc.
1-800-793-0355
Safe HarborStatement: In addition to historical information, this pressrelease may contain statements that constitute forward-lookingstatements within the meaning of the Securities Act of 1933 and theSecurities Exchange Act of 1934, as amended by the Private SecuritiesLitigation Reform Act of 1995. Forward-looking statements contained inthis press release include the intent, belief, or expectations of theCompany and members of its management team with respect to theCompany's future business operations and the assumptions uponwhich such statements are based. Prospective investors are cautionedthat any such forward-looking statements are not guarantees of futureperformance, and involve risks and uncertainties, and that actualresults may differ materially from those contemplated by suchforward-looking statements. Factors that could cause these differencesinclude, but are not limited to, failure to complete anticipated salesunder negotiations, lack of revenue growth, client discontinuances,failure to realize improvements in performance, efficiency andprofitability, and adverse developments with respect to litigation orincreased litigation costs, the operation or performance of theCompany's business units or the market price of its common stock.Additional factors that would cause actual results to differmaterially from those contemplated within this press release can alsobe found on the Company's website. The Company disclaims anyresponsibility to update any forward-looking statements.
SOURCE: RodedawgInternational Industries, Inc.
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Rodedawg International Industries, Inc
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