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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 Royal10on Dec 07, 2022 2:50pm
128 Views
Post# 35157110

RWB: interesting!

RWB: interesting!If you care about insiders' transactions, pay attention to RWB. An insider bought a great
position in Sept. and Oct. : 18 million common shares and 17 million convertible debentures.
Plus 3 million options granted. The investor is Colby De Zen, president and director of the company. He said: 

 I believe that RWB will be EBITDA positive by no later than Q4 2022 as we scale the Platinum Vape brand and its purchasing power throughout the markets we serve today and through further expansion. As a significant investor in RWB, I am committed to unlocking both current and future value for the company. As RWB enters its next phase of evolution, I look forward to being part of a profitable growth story that all stakeholders will be proud of."

 

 

 
 

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