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Red White & Bloom Brands Inc C.RWB

Red White & Bloom Brands Inc. is a Canada-based multi-state cannabis operator and house of brands in the United States legal cannabis sector. The Company’s Distribution segment includes subsidiaries that are licensed to manufacture, process and/or distribute Company-branded cannabis products and accessories directly to licensed retailers in the states of Michigan and California where the sale of cannabis products is legal. The Company’s Licensing segment includes subsidiaries that own intellectual property associated with the Company’s PV and Platinum trademarks and brands. The Company also contracts with distributors in legal states to license the use of its brands in the above noted branded, non-tetrahydrocannabinol (THC) inputs. Its Retail segment sells both Company-branded and third-party cannabis products and accessories to the adult-use and medical use markets in the states of Florida and Michigan where the sale of cannabis product offerings by licensed retailers is legal.


CSE:RWB - Post by User

Post by Betteryear2on Jan 18, 2022 7:03am
162 Views
Post# 34327361

Receives Full Licensing

Receives Full Licensing
  • Warren facility to become RWB’s central cannabis manufacturing, processing and distribution hub in Michigan, enabling distribution of RWB products to Michigan’s 400+ dispensaries -- a $1.8 billion market where Platinum Vape™ was named a Biggest Brand by LeafLink and the #1 brand vape in Michigan by ArcView.
  • 15,000 sq. ft. fully built-out facility, with the latest edibles production equipment already installed, allows RWB to launch chocolates and gummies alongside Platinum Vape via the same distribution channel.
  • First 1000 lbs. of premium flower already received for re-packaging into pre-packed flower and pre-roll offerings.
  • Will be adding 30 full-time employees at Warren in the coming weeks, up to 50 in 2022.

TORONTO and WARREN, Mich., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB and OTC:RWBYF) (“RWB” or the “Company”) a multi-state cannabis operator and house of premium brands, via its RWB Michigan LLC wholly owned subsidiary, has closed on a lease assignment for a 15,000 sq. ft. manufacturing/processing and distribution facility in Warren, Michigan and has been issued both Medical and Adult Use (aka “recreational”) licenses. Operations at the facility commenced this week. RWB will immediately begin manufacturing medical and adult use cannabis products with all necessary equipment already installed and inspections completed.

“This Warren facility allows us to centralize distribution for our ‘house of premium brands’ in Michigan and finally report all of our Platinum Vape™ wholesale sales on a much less confusing and straightforward basis,” announced RWB CEO and Chairman Brad Rogers. “We will be expanding the wildly popular Platinum Vape brand to include gummies and chocolates to capitalize on the existing brand equity we command in Michigan. The facility provides the production capacity to expand sales of our award-winning brands from the 250+ Michigan dispensaries that carry them to the state’s 400+ dispensaries.”

Hiring 30 full-time employees

RWB Michigan will now begin to hire 30 full-time employees in the coming weeks, with intentions to grow the workforce in Warren to 50 in 2022. A wide variety of positions are available including many higher-paid, skilled positions ranging from frontline employees to PhDs specializing in product formulations. To apply, email inquiries and credentials to careers@redwhitebloom.com. In addition, visit www.RedWhiteBloom.com for more information and the job fair links once they are available.

Platinum Vape Product Expansion

Although most frequently recognized as a leading vape brand, RWB’s expanded Platinum Vape portfolio includes gummies, chocolates and premium cannabis flower that have proven to be very popular in California. RWB expects to launch PV gummy and chocolate production immediately and, for the first time, offer these products outside of California. PV is quickly gaining recognition, with ArcView/Greentank's 2021 Q3 Industry Vape Report naming Platinum Vape as the #1 brand vape cartridge in Michigan, LeafLink naming it a Biggest Brand in Michigan, and winning a Thrillist “Best of 2020” Edible Award for its Baked Apple Pie Gummies and a Farmer’s Cup 2nd place for its Raspberry Cheesecake Chocolate Bar. RWB will continue to work on new and exciting formulations and flavors for launch in Michigan and beyond.

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 U.S. legal cannabis and hemp sector. 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. Visit website: www.RedWhiteBloom.com, or follow RWB on social media:
Twitter: @rwbbrands;
Facebook: @redwhitebloombrands;
Instagram: @redwhitebloombrands.


https://www.globenewswire.com/news-release/2022/01/18/2368249/0/en/Red-White-Bloom-Receives-Full-Licensing-Commences-Operation-of-15-000-Sq-Ft-Michigan-Cannabis-Manufacturing-Processing-Facility.html
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