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Bullboard - Stock Discussion Forum 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... see more

CSE:RWB - Post Discussion

Red White & Bloom Brands Inc > And another new all time low!
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Post by Terrytruth on Oct 01, 2020 5:23pm

And another new all time low!

Pretty close now to needing to double up just to get back to a dollar.. Yikes

-Still no word from management after this free fall in the SP since going public
-Still no updates on the number of shares they issued themselves for free at the AGM
- Still no real numbers with pharmaco or even where the locations are
- Going to post another gross earnings report at 11PM on the last day I imagine
-Still claiming to be an MSO without any actual cannabis sales, nor are they working in multiple states
-Continued promotion even with all these issues

I can see why nobody wants to go near this one
Comment by MuttleyKnows on Oct 01, 2020 7:13pm
I sold my position in the 90's when it became clear that the RTO was a bust. My fault for betting on an arbitrage opportunity so I took my loss which was over 20%.  Same advice I gave out previously still applies. Deals can take a long time to close. I lived through years of waiting with CXXI but their management team delivered at the end of day. Strong positive  cash flows and ...more  
Comment by chrome2017 on Oct 09, 2020 9:22am
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