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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 > Red White & Bloom Completes Company-wide Restructuring Elimi
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Post by Nonyah on Apr 20, 2022 3:26pm

Red White & Bloom Completes Company-wide Restructuring Elimi

Red White & Bloom Completes Company-wide Restructuring Eliminating $115 Million in Liabilities and Over $22 Million in Annual Expenses https://ir.redwhitebloom.com/news-events/press-releases/detail/120/red-white-bloom-completes-company-wide-restructuring
Comment by steve359 on Apr 24, 2022 11:43am
So they are selling assets and laying of emplyees in order to get a handle on increasing debt loads and mounting losses in an environment of rising interest rates, concerning to say the least with earnings report just 10 days away.
Comment by lscfa on Apr 24, 2022 1:54pm
All these damn pot companies are right-sizing. They overbuilt.  
Comment by Nonyah on Apr 24, 2022 2:49pm
sure, many in the US will be in that situation. As we see in states, cannabis is a commodity.
Comment by rad10 on Apr 30, 2022 11:15am
Tell me you weren't long this name.....  please tell me you are just a fluffer for this company on a retainer..,,,
Comment by Nonyah on May 01, 2022 11:46pm
go back to your stomping grounds. Not enough conversation here yet
Comment by rad10 on May 02, 2022 6:21pm
Lol you must be broke....  Aleafia, Red white and broke.....  the list just goes on.
Comment by Nonyah on May 03, 2022 10:29am
it's a long list rad10... Most are winners, some will be winners