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Bullboard - Stock Discussion Forum 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... see more

CSE:RWB - Post Discussion

Red White & Bloom Brands Inc > The Debt Elephant in the Room
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Post by NovaGain47 on Nov 29, 2024 10:17am

The Debt Elephant in the Room

Cannabis is a tough business, and RWB’s debt load isn’t helping. They’re trying to grow in competitive markets like California and Michigan, but with so much interest hanging over their head, how sustainable is this? If rates stay high, they’re gonna have a hard time refinancing.Meanwhile, $BOLT doesn’t seem weighed down by the same issues. Could $BOLT be the nimble growth story that $RWB is struggling to become?
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