Financial News

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Acquires Acreage Holdings Florida Operations

  • Completed acquisition of Acreage Florida, Inc and related owned and leased real estate assets
  • Licensed to operate 35 dispensaries, a processing facility and a cultivation facility in Florida
  • Florida cannabis market is poised for tremendous growth and it is forecasted to be a top 5 State by the year 2025

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), the torchbearer for a new, higher standard in the American cannabis industry, has announced its new subsidiary RWB Florida LLC, has completed the acquisition of Acreage Florida, Inc. and the related owned and leased real estate assets (https://cnw.fm/xJfKg). This deal includes over 15 acres of land, a 114,000 SF facility for cultivation, a 4,000 SF freestanding administrative office building, and eight leased stores in prime locations throughout Florida.

RWB is positioning itself to be one of the top three multi-state cannabis operators in the US legal cannabis and hemp market. The Company is on a mission to be the superior and most recognizable cannabis company in the…

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NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://cnw.fm/RWBYF

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