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Red White & Bloom Brands Inc C.RWB

Red White & Bloom Brands Inc. is a Canada-based multi-jurisdictional cannabis operator and house of premium brands operating in the United States, Canada and select international jurisdictions. The Company is predominantly focusing its investments on major United States markets, including Arizona, California, Florida, Missouri, Michigan, and Ohio. The Company's segments include Distribution, Licensing, Retail, Corporate and Other. The Distribution segment cultivates, manufactures, processes and/or distributes Company branded cannabis and non-cannabis products directly to licensed retailers. The Licensing segment owns intellectual property associated with its Platinum Vape and Platinum trademarks and brands, that are engaged in the sale of non-THC branded products which are incorporated in licensed Company cannabis product offerings. The Retail segment sells both Company and third party branded and non-branded cannabis products and accessories to the adult-use and medical use markets.


CSE:RWB - Post by User

Comment by haunsoloon Sep 03, 2019 5:58pm
127 Views
Post# 30092176

RE:RE:RE:RE:RE:RE:RE:Can someone tell me, what the new market cap should be at?

RE:RE:RE:RE:RE:RE:RE:Can someone tell me, what the new market cap should be at?Yeah I agree....I think there is a very large arbitrage at this point that you can see the stock price moving up and volume increasing day over day.  Last week there were some large purchases that support this.

The situation where it is frozen in CA but still trading in US has created a disconnect and for a period of time when it was in the $.11 range clearly horrible sentiment compounding with no news on the IPO.

I believe anything under $.30-$.40 USD is a borderline steal.  I've been accumulating for weeks now. 

IMO 50-100% upside on the short run coming into the IPO in a week or two.

The current market price of $.19 only values the combined entity at about $300 million.  That is way too low considering they will do $300 million in revenue this year probably.  Go find me another MSO trading at 1x sales......
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