Financial News
Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Builds Quality, Consistency in Florida, Michigan Operations
- Red White & Bloom Brands is a cannabis and hemp multi-state operator, focused on product consistency and quality, critical to the developing cannabis market that is rapidly growing state by state
- The company’s successes in Michigan, a leading U.S. cannabis market, include the acquisition of full licensing, a 15,000-square-foot manufacturing and distribution facility, and more than 20 new potential locations for cultivation and dispensaries
- In Florida, RWB is building on its acquisition of a 45,000-square-foot cultivation facility to provide premium inventory to several existing dispensaries and new sites expected to open during this year’s Q1
Mainstream wellness consumers have cast sidelong glances at the explosion of cannabidiol (“CBD”) brands over the years, particularly those that require inhalation. But increasing regulatory approval on a state-by-state basis, as well as the 2,000-plus CBD brands that range from easy access “gas station” products to “premium” boutique shop inventory, evidence that the consumer appeal of medicinal cannabis is still showing a significant expansion curve.
“While an increasing number of wellness product manufacturers are toying with incorporating CBD and other cannabinoids into products, their efforts have been stymied by the very nature of the ingredients,” Tennessee-based Volunteer Botanicals CEO Derek Odette recently told…
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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