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Red White & Bloom Brands is a multi-state cannabis operator based in Canada and focused on developing revenue opportunities in strong U.S. cannabis markets such as Michigan, Florida and California The company recently announced it has eliminated $115 million in debt liabilities as p...
Red White & Bloom and its wholly owned subsidiary RWB Michigan LLC recently announced the rollout of Platinum Vape(TM) Live Resin in Michigan The debut marks the company’s entry into the live resin in Michigan, which yield higher margins than the company’s existing dis...
America has prohibited cannabis at the federal level for decades, prosecuting and sentencing people with cannabis-related convictions harshly. Even though dozens of states have now legalized cannabis and several lawmakers are working on federal legalization bills , it is unlikely that...
Senate Majority Leader Chuck Schumer has made it clear that he is a strong supporter of comprehensive marijuana reform at the federal level. For the past couple of months, he has been working with Senator Cory Booker and Senate Finance Committee Chair Ron Wyden on a bill that would federally...
According to a survey conducted by Bloomwell Group, a medical cannabis holding company, consumers of marijuana in the United States believe that the widely anticipated legalization of recreational cannabis in Germany will create great opportunities for investment, travel and trade. The sur...
The Daily Hit is a recap of the top cannabis business stories for April 20, 2022. ON THE SITE RED, WHITE & BLOOM Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) announced a series of transaction and operational decisions to strengthen the ...
Red White & Bloom Brands Inc. ( CSE: RWB and OTC: RWBYF ) announced a series of transaction and operational decisions to strengthen the balance sheet and provide significant cost reductions in 2022. The changes included selling the Illinois property, pa...
Projecting positive adjusted EBITDA by yearend 2022 Completes sale of Granville, Illinois facility for $56.1M Repays $51.7M of secured debt; eliminating $6.3M of annualized debt servicing Pivoting to asset-light, brand-rich model in Illinois, eliminating over $13M in associa...
Red White & Bloom (CSE: RWB) (OTCQX: RWBYF) , a company positioning itself to be one of the top three multistate operators in the United States in cannabis and hemp-derived product lines, has adopted a strategy anchored in operating a house of brands as it anticipates the commoditizatio...
Before the global supply chains can recover from the upheaval triggered by COVID-19, the world is again reeling from the disruptions caused by Russia’s decision to invade Ukraine. The resultant supply chain challenges are starting to bite within the cannabis industry, as is the case...
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Red White & Bloom (CSE: RWB) , a multistate cannabis operator and house of premium brands, has filed its Condensed Interim Consolidated Financial Statements, Management's Discussion and Analysis, and other associated certifications for first quarter 2024, the period ended March 31, 2024. In a...
TORONTO, May 30, 2024 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“ RWB ” or the “ Company ”) is pleased to report it has filed its Condensed Interim Consolidated Financial Statements (“the Financial Statements”), Management'...
Red White & Bloom (CSE: RWB) (OTC: RWBYF) , a multistate cannabis operator and house of premium brands, has filed key required documents for fiscal year 2023. Included among the documents filed are RWB’s Consolidated Audited Financial Statements, Management's Discussion and Analysis, a...