InvestorNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) Announces Results for Three and Six Months Ended June 30, 2023
Red White & Bloom (CSE: RWB) (OTC: RWBYF) today announced that it has filed its condensed interim consolidated unaudited financial statements, management discussion and analysis and associated certifications for its second quarter ended June 30, 2023 (collectively, the “2023-Q2 filings”). Among the highlights, the company reported revenues of $21.9 million for 2023-Q2 and $49.0 million for the first 6 months of fiscal 2023. “The company is focused on expanding its premium, Platinum branded product offerings in existing and new markets in addition to creating new revenue opportunities across each of our distribution, retail and licensing channels,” said Colby De Zen, president of RWB. “After our successful launch in Missouri last year and Arizona earlier this year, we are pleased to share that Platinum is now available in Canada with deliveries, in the third quarter, of Platinum branded products having arrived on shelves in Ontario. We continue to secure licensing opportunities for our Platinum branded products with key partners in targeted legal states and are in late-stage negotiations to add our sixth state in the early fourth quarter.”
To view the full press release, visit https://ibn.fm/4bKcC
About Red White & Bloom Brands Inc.
Red White & Bloom is a multistate cannabis operator and house of premium brands in the U.S. legal cannabis sector. RWB is predominantly focusing its investments on the major U.S. markets, including Arizona, California, Florida, Massachusetts, Missouri, and Michigan.
NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://ibn.fm/RWBYF
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