LimeLight of The week is

Red White & Bloom Brands Inc.
(CSE: RWB) (OTCQX: RWBYF)

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.

Investment Considerations

• An ultra-premium cannabis grower for the medicinal and recreational cannabis markets in California, Sonoma Biologics Corp. is committed to using only organic-equivalent outdoor growing techniques to cultivate its cannabis product at a fraction of the cost of its competitors.
• 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.

Receive SMS Text Alerts from CannabisNewsWire

Text "Cannabis" to 21000

(US Mobile Phones Only)

Featured Event

NECANN BEANStock
Portland Sports Complex, Portland, Maine
5/15/21

The largest cannabis and hemp event series in the United States will bring its bud business building acumen to Portland, Maine for a one-day spring outdoor gathering on Saturday, May 15, 2021. The New England Cannabis Convention (NECANN) will plant its BEANStock tents at the Portland Sports Complex (512 Warren Ave) with limited space for vendors and attendees for an in-person get-together designed to cannabis conscious and compliant with the state’s COVID safety protocols. All vendors and attendees will be required to follow Maine’s pandemic regulations for personal protective equipment, social distancing and capacity without exception.

BEANStock is a 100 percent plant-friendly event featuring seed, clone and tissue culture sales. The estimated 50 exhibitors will also present soil, nutrients, growing aids and full plant and product displays for the anticipated 500 attendees, who must be 21 and older. NECANN’s history of supporting the adoption and celebration of hemp, medical marijuana and adult cannabis use in the New England states will provide the event with the elements of an experienced infrastructure.

Tickets are $20 and can be obtained through BEANStock’s website, https://necann.com/beanstock/.

Upcoming Events

• Womxn, Wellness & Cannabis Conference 2021 - Virtual Event - 5/26/21 to 5/27/21
• Benzinga Cannabis Capital Conference Summer - Virtual Event - 6/3/21
• USA CBD Expo - Atlanta, GA - 6/11/21 to 6/13/21

About CannabisNewsWire (CNW)

CannabisNewsWire (CNW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CNW introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CNW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CNW is where news, content and information converge.