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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

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Post by BainsvilleJ on Apr 13, 2021 6:51pm

No interest

Strange with all the advertisements and pumpers there is so little interest from retail investors and no real media coverage.  On the surface anyway its looks good, I don't get it. 

Now sure, some people or m lots of people this they are shady fair enough but still, 140k trading for a company that claims such huge sales and profit on the near horizon. 

I don't want to hear any YO YO YO What dat what dis,  serious opinion for once

Comment by Ces2323 on Apr 13, 2021 11:58pm
Think the main reasons the big boys stay away are, firstly they don't like the cap structure. Too many preferred shares and warrants that will hit the market eventually, the concern is when that happens that people wil hit the bid and drive the SP down. If they could find someone big to scoop them all up at once that would be great. Also no volume so people with big money can't risk taking ...more  
Comment by BainsvilleJ on Apr 14, 2021 12:34pm
Thank you!!!, A coment I can understand.  Makes a lot of sence. 
Comment by lscfa on Apr 14, 2021 1:22pm
Q4 fins deadline is Apr 30. The q3 to Q4 revenue jump from $6 mil to $ 25 mil will wake people up. The bozos should have announced prelim no.s months ago.   
Comment by BainsvilleJ on Apr 14, 2021 1:36pm
Hope you're right but I have a feeling they are gogin to say that Platinum numbers will only in Q1 and thats why the 2020 YR end and Q4 numbers are low.  When did they officialy take over Platinum and start adding those sales to the bottom line?  
Comment by openmind1 on Apr 14, 2021 2:53pm
RWB closed the acquisition of Platinum Vape effective Sept 14, 2020. Their results should be included in RWB Q4 financials?
Comment by BainsvilleJ on Apr 14, 2021 4:21pm
Yup, if you're right about mid September then I stand corrected. They should show 12 weeks of sales in Q4, it will be interesting to see what that adds up to, Will we see $25mil plus for 3 months?  It would certainly be.....  well for any other company it would be a catalyst to push up the SP and get some market watcher talking.   We'll know soon enough, 17 days away ...more  
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