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Red White & Bloom Brands Inc C.RWB

Cannabis
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

Red White & Bloom Brands Inc
Bullboard Posts
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(23)
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Post by MuttleyKnowson Aug 13, 2020 12:26pm
128 Views
Post# 31403802

I’m out of RWB

I’m out of RWB

Sold the last of RWB shares today. I bought on the pink sheets at about 5.5 cents USD and sold out on average at about C$0.95. I took my lunps on this one because I bought hoping there was as an abitrage opportunity here based on the price when Tidal got suspended for the RTO. Looks like my thesis was wrong. 

This company may have something or not but it is definitely trading like a dog about to die. Switching my money to CXXI which is a well run and undervalued cannabis company. The numbers are definitively really there. All the audited numbers are available. Looking for a debt deal to be completed soon which the company has mentioned in news releases and we are off to the races. 

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