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.

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Red White & Bloom Brands Inc > Red White & Bloom Completes Company-wide Restructuring Elimi

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Comment by steve359on Apr 24, 2022 11:43am

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RE:Red White & Bloom Completes Company-wide Restructuring Elimi

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.

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