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Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) is a torchbearer blazing a new frontier in American cannabis by adhering to the highest ethical, manufacturing, educational, branding and employment standards available in the industry.
Red White & Bloom is a super state operator, leveraging a sizable footprint to dominate the areas in which it operates. CEO Brad Rogers and other management members have seen the struggles of multi-state operators who have spread themselves too thin, which is why Red White & Bloom is intent on dominating each state it enters before expanding further.
Although targeting individual states in the United States, the company is headquartered in Toronto, Canada. Red White & Bloom was established after privately held MichiCann Medical Inc. merged with publicly traded Tidal Royalty in 2019.
Brands
Red White & Bloom has entered strategic brand acquisitions and partnerships aimed at helping the company expand its presence and position as one of the largest players in the United States cannabis market. Red White & Bloom is always diligently searching for brands to acquire that will provide additional value to the company and expand its national footprint.
Investment Considerations
- Red White & Bloom considers itself a super state operator (not a multi-state operator), as it goes in with a sizable footprint and dominates the areas in which it operates before expanding.
- The company currently operates, has cannabis assets in, or is in the process of closing cannabis assets in Michigan, Illinois, Florida, California, Oklahoma and Massachusetts.
- Red White & Bloom is always looking to acquire new brands that will help to expand its brand awareness and advance its mission.
- The company has established a major presence in Michigan through its investee, which has a total of 18 dispensaries and three cultivation operations.
- Red White & Bloom intends to finish 2021 with 50+ locations across the country.
- The company’s brand portfolio includes Platinum Vape, Platinum Wellness, High Times and Mid-American.
- The global cannabis market was valued at $24.6 billion in 2020, with 91.1% of this revenue attributed to North America; the market is expected to reach $84 billion by 2028.
Recent Coverage
CannabisNewsBreaks - Red White & Bloom Brands Inc.'s (CSE: RWB) (OTCQX: RWBYF) Acquisition Strategy Spearheading Expansion, Premium Inventory Production
March 18, 2022 8:30 AM
Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a premium cannabis brand multistate operator, has been building assets steadily in Michigan, Florida, Illinois, Massachusetts, and Arizona, while working to establish the quality and consistency that wellness consumers seek. The company announced full licensing for manufacturing both medical and adult-use cannabis products in
Michigan in January, along with the closing of a lease assignment for a 15,000-square-foot manufacturing, processing and distribution facility in the city of Warren. A recent article reads: “The manufacturing facility is a key part of RWB’s acquisition strategy for 18 Michigan dispensaries, four cultivation facilities and other important real estate. The company is also using its acquisition of a 45,000-square-foot Florida cultivation facility to spearhead premium inventory
production for several existing and new dispensaries under the company’s banner. ‘The Apopka facility will deliver the cultivation needed to meet our significant retail expansion goals throughout the state,’ [RWB CEO and Chairman Brad] Rogers stated last fall…. Red White & Bloom’s seed-to-sale integration for the medical and adult-use sectors was further enhanced when it closed its acquisition of PharmaCo Inc., granting the company over 20 assets in the state
for potential new cultivation and dispensary locations.”
To view the full source article, visit: THIS LINK
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