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Bullboard - Stock Discussion Forum 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... see more

CSE:RWB - Post Discussion

Red White & Bloom Brands Inc > Here it is, this is what I think.
View:
Post by Nonyah on Dec 01, 2020 10:49am

Here it is, this is what I think.

*22% is the low end of the Markshare the the company has. Michigan numbers show inconsistancies with sales over the last Q of Q and numbers are shared with growers and retailers as a whole. Not just RWB. Be ready for End of Year fins. they will be to your liking for michigan.
*Peoples possible notion that they will dilute is worrisome. I suspect there is a possibility they could re-finance from their previous deal to improve on rates to reduce debt owed.
*I also have to consider the recent Bought Deal offering. I suspect that the company will be collecting ~$33,000,000 from the Warrants before years end. Their Opporating cash flow is low, look like ~$700K. meaning even if the co makes no money, they could servive for 17 months.
Comment by Yeahno on Dec 01, 2020 10:55am
I don’t think your opinion or insight holds any weight anymore. You said that about the first financials too remember? But of course the next ones will be better aka please just don’t sell for the next few months.  Fact is they do not have the cash to take on 100+ million more in debt and rebrand their stores with almost no cash.. And the 22% market share is way overstated, I would say ...more  
Comment by Nonyah on Dec 01, 2020 11:07am
My opinion holds no weight> Is that why you continute to make usernames that are similar to mine>?  idk    I never said that btw. I just said that Cash may come here soon. Have faith as you have been here for over 2 years.  22% is super low and a outdated number.  22% even after they acquiring the most popular brand in Michigan. Platinum Vapes which is #1 in ...more  
Comment by BainsvilleJ on Dec 01, 2020 11:14am
I'M SO DEPRESSED 
Comment by Yeahno on Dec 01, 2020 11:34am
Lol you really want me to dig up your old posts about fireworks for their first financials? You pump and pump and pump and then “wait a few more months”. You’re embarrassing yourself and once again, Michigan is giving out licenses and stores are opening every everywhere. The MRA posts those numbers every month, they had 24 million from pharmaco in Q3 and that is 22%??? Do the math dude! You are ...more  
Comment by Nonyah on Dec 01, 2020 11:47am
They havent released data in over 2 months. I can only assume there was a increase since the acquired the #1 company is Michigan.
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