These units, once online, shall be able to produce in excess of 7000lbs of flower annually, as well as thousands of pounds of trim with an estimated value in excess of US$40 million annually1. The Company has assumed a certain progression, which may not be realized. RWB looks to satiate the States demand for a more premium product utilizing a craft-grown discipline for cannabis flower and leveraging both the Platinum Vape and exclusively licensed High Times brands. RWBFL will be expanding the current team of 15 to 25 by yearend and further expanding to 50 by end of the first quarter 2022. This acquisition comes directly on the. The other half is for mothers, clones and vegetative operations for the Companys proprietary genetic strains. It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. The Company has assumed a certain progression, which may not be realized. The Company has assumed a certain progression, which may not be realized. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. With the delivery of the grow pods and anticipated launch date of December 1st, we are ahead of schedule and on our way to adding $30 million in revenue annually from the pods. THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. Such factors include, among others, the following risks: risks associated with the implementation of the Companys business plan and matters relating thereto, risks associated with the cannabis industry, competition, regulatory change, the need for additional financing, reliance on key personnel, market size, and the volatility of the Companys common share price and volume. The Red White & Bloom team will begin rapid development on the facility to ensure all compliance standards are achieved for a Q4 2021 harvest schedule. More information is available at www.acreageholdings.com. The Company cautions that the foregoing list of material factors is not exhaustive. The sale of our Florida operations is a significant step in our previously announced operating strategy to focus on those core markets that we believe will accelerate our path to profitability and position us for significant long-term growth and cash generation. It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. For more information about Red White & Bloom Brands Inc., please contact: Tyler Troup, Managing DirectorCircadian Group IRIR@RedWhiteBloom.com, Visit us on the web: www.RedWhiteBloom.com, Follow us on social media:Twitter: @rwbbrandsFacebook: @redwhitebloombrandsInstagram: @redwhitebloombrands. Any statements made should not be taken as an endorsement of analyst views. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS. RWBFL is fast tracking the remaining 25 pods and expects to have them operational no later than December 1st. It is very important to do your own analysis before making any investment based on your personal circumstances. RWB is predominantly focusing its investments on the major US markets, including Florida, Illinois, California, Michigan, Oklahoma and Arizona with respect to cannabis, and the US and internationally for hemp-based CBD products. From corporate responsibilities to social responsibilities we are built to enable and provide both social and economic impact within our communities. There is no assurance that these transactions will yield results in line with management expectations. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised companys SEC, SEDAR and/or other government filings. ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. At Red White and Bloom we believe in empowering people to do amazing things! READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. Company reviews. This communication is based on information generally available to the public and on an interview conducted with the companys CEO, and does not contain any material, non public information. The deal also includes the sale of property in Sanderson, Florida. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Welcome To Red White and Bloom Florida, Inc. . - Serve as a member of the Emergency Response Team and the Corporate Safety, Committee To facilitate the aggressive growth and projected harvest schedule at the Apopka facility, RWBFL has recently hired numerous highly talented cultivation specialists and is developing a large, diverse workforce. We are thankful to all of our incredible customers who support our brands. Sign in. There are a number of important factors that could cause the Companys actual results to differ materially from those indicated or implied by forward-looking statements and information. Something went wrong while submitting the form. An additional $20,000,000 in cash, $7,000,000 in the Buyers common stock, and $28,000,000 in promissory notes upon closing the transaction. An inside look at how Red White & Bloom Brands maintain the values of a small company while expanding their reach. Prospective employees can view job openings on LinkedIn https://www.linkedin.com/company/redwhitebloomus/jobs/ and submit their resume and cover letters via info@redwhitebloom.com. - Develop written materials including safety reports, policies, newsletters, and toolboxes The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. RWBFL has made tremendous progress with the launch of its 45,000 sq. Investors are cautioned against attributing undue certainty to forward-looking statements. Red White & Bloom. This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Pursuant to the Amended Arrangement, upon the occurrence (or waiver by Canopy Growth) of changes in federal laws in the United States to permit the general cultivation, distribution and possession of marijuana (as defined in the relevant legislation) or to remove the regulation of such activities from the federal laws of the United States (the Triggering Event), Canopy Growth will, subject to the satisfaction or waiver of certain closing conditions, acquire all of the issued and outstanding Class E subordinate voting shares (the Fixed Shares) on the basis of 0.3048 of a Canopy Growth share per Fixed Share (following the automatic conversion of the Class F multiple voting shares and subject to adjustment in accordance with the terms of the arrangement agreement entered into between Acreage and Canopy Growth on April 18, 2019, as amended on May 15, 2019 and on September 23, 2020). RWBFL will be expanding the current team of 15 to 25 by yearend and further expanding to 50 by end of the first quarter 2022. For more information about Red White & Bloom Brands Inc., please contact: Tyler Troup, Managing DirectorCircadian Group IRIR@RedWhiteBloom.com, Visit us on the web:www.RedWhiteBloom.com, Follow us on social media:Twitter: @rwbbrandsFacebook: @redwhitebloombrandsInstagram: @redwhitebloombrands. valuethemarkets.comand Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. The Red White & Bloom team will begin rapid development on the facility to ensure all compliance standards are achieved for a Q4 2021 harvest schedule. Red White & Bloom, one of the top multi-state cannabis and hemp operators in the U.S., announced Thursday it's acquiring Acreage Florida, Inc. ACRHF (U.S.: OTC), which is licensed to operate . There are a number of important factors that could cause the Companys actual results to differ materially from those indicated or implied by forward-looking statements and information. Red White & Bloom. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. Acreage Announces Sale of Florida Operations To Red White & Bloom Brands. . Sign in. - Ensure that all required background checks have been completed and documented prior to an agent performing job functions Red White & Blooms portfolio of exceptional brands continues to develop and expand. The pods provide an additional 19,200 sq. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. -New Greenhouse to begin yielding product by year end 2021--Acquisition adds near term cultivation capacity while company looks to bring on line its 114,0000 square foot facility in Sanderson . We are thrilled to welcome very talented, experienced cannabis specialists from the Orange County area to our team. We have had excellent support from the OMMU, the local government and the community, including the Chamber of Commerce, as we develop our Apopka facility. 1 Based on $45 per 1/8 ounce estimated sale price per: https://fldispensaries.com/florida/dispensary/prices/. Patricia Miller has not been paid to produce this piece by the company or companies mentioned above. The company is positioning itself to be one of the top three multi-state cannabis operators active in the US legal cannabis and hemp sector. The 30 pods will produce 10,000 pounds of high quality flower per year that will generate $30 million in additional revenue. We encourage greatness and support change ideology. The Company cautions that the foregoing list of material factors is not exhaustive.
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