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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 > Face value eliminated debt?
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Comment by Royal10on Dec 30, 2022 10:57am
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Post# 35196936

RE:Face value eliminated debt?

RE:Face value eliminated debt?You're right rad10: just read this from PR of Dec. 21/2022: 
Red White & Bloom Brands Inc.'s board of directors has approved the settlement of $10,475,000 in debt related to arm's-length financing through the issuance of common shares at a price of 47 cents per share, representing a premium of 370 per cent to the company's closing price per share on Dec. 20, 2022.
This represents a strong BUY SIGNAL on RWB, trading today at $0.10! 
I bought a strong position in RWB in the last few days!

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