Red White & Bloom Brands Inc C.RWB

Cannabis

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 of cannabis products is legal. The Company’s Licensing segment includes subsidiaries that own intellectual property associated with the Company’s PV and Platinum trademarks and brands. The Company also contracts with distributors in legal states to license the use of its brands in the above noted branded, non-tetrahydrocannabinol (THC) inputs. Its Retail segment sells both Company-branded and third-party cannabis products and accessories to the adult-use and medical use markets in the states of Florida and Michigan where the sale of cannabis product offerings by licensed retailers is legal.

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Red White & Bloom Brands Inc > Red White & Bloom Reports its Fiscal 2023 Annual Results

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Post by Betteryear2on Apr 29, 2024 7:25pm

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Post# 36013694

Red White & Bloom Reports its Fiscal 2023 Annual Results

Annual revenue for fiscal 2023 increases to $88.3 million
Gross profit for fiscal 2023 of $29.5 million, a $6.8 million, or 30%, increase from $22.7 million for fiscal 20221
Adjusted EBITDA2 for fiscal 2023 increases to $5.5 million

TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) is pleased to report it has filed its Consolidated Audited Financial Statements (“the Financial Statements”), Management's Discussion and Analysis (“MD&A”), and associated certifications.

Red White & Bloom Reports its Fiscal 2023 Annual Results (globenewswire.com)