Red White & Bloom (RWB) is the torchbearer leading a new frontier and setting a standard in . You should take independent financial advice from a regulated FCA advisor in connection with, or independently research and verify any information that you find on this site, and wish to rely on whether for the purpose of making an investment decision or otherwise. "The Apopka facility is part of the overall strategic vision RWB has for Florida and we are excited to see such forward progress being made since acquiring our license earlier this year," said Jim Frazier, GM of RWB Florida. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. This acquisition comes directly on the heels of the Sanderson Florida purchase and provides immediate benefits for significant cultivation expansion for delivery to RWBFL stores in Florida. When relying on the Companys forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. 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. Acreage also owns Universal Hemp, LLC, a hemp subsidiary dedicated to the distribution, marketing and sale of CBD products throughout the U.S. The Company currently has active operations and licenses in 13 states and continues to pursue divestitures of its remaining non-core state operations and licenses. Red White and Bloom Careers and Employment | Indeed.com - Investigate and review onsite accidents and incidents and coordinate a response with other departments needed 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. The Company and RWB Florida LLC completed a Real Estate Purchase and Sale Agreement for a purchase price of US $1,875,000 payable as to: (a) US $750,000 cash paid on closing; (b) US $125,000 in the form of promissory note of RWB Florida LLC payable in 5 monthly instalments commencing 30 days after Closing; and (c) US $1,000,000 worth of RWB Common Shares at a price of $1.22, being 1,010,656 shares. RWBFL has made tremendous progress with the launch of its 45,000 sq. They are responsible for overseeing all security operations within the company facilities. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. All trademarks used in this communication are the property of their respective trademark holders. When used in this press release, the words estimate, project, belief, anticipate, intend, expect, plan, predict, may or should and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The 30 pods will produce 10,000 pounds of high quality flower per year that will generate $30 million in additional revenue. For more information about Red White & Bloom Brands Inc., please contact: Tyler Troup, Managing DirectorCircadian Group IR[emailprotected], Visit us on the web:www.RedWhiteBloom.com, Follow us on social media:Twitter: @rwbbrandsFacebook: @redwhitebloombrandsInstagram: @redwhitebloombrands. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found herehttps://www.valuethemarkets.com/terms-conditions/and acknowledge that you have reviewed the Disclaimer found herehttps://www.valuethemarkets.com/disclaimer/. 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. 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. Interview is easy Interview Questions If you have experience with medical cannabis. When relying on the Companys forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Red White & Bloom Brands Inc. The Company has assumed a certain progression, which may not be realized. "The Apopka acquisition cements the fact that we are committed to expansion in Florida, which is in line with the overall companys growth strategy across the country.". 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. 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 pods will allow the Company to immediately operationalize additional cultivation capacity, as it drives to expedite the opening of additional medical marijuana dispensary locations and implements home delivery shortly after closing of the transaction. Adding, We will begin with premium specialized confectionary offerings as finished retail-ready packages where medical patients will be able to select from a variety of different products. We are very confident in our management team in Florida and more than pleased to see this expansion launch in Q4 this year". . The Company has assumed a certain progression, which may not be realized. When relying on the Companys forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Our goal is to provide quality and consistency for our customers while delivering a unique and safe experience. When used in this press release, the words estimate, project, belief, anticipate, intend, expect, plan, predict, may or should and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Red White & Bloom. RWBFL is fast tracking the remaining 25 pods and expects to have them operational no later than December 1st. 1 Based on $45 per 1/8 ounce estimated sale price per: https://fldispensaries.com/florida/dispensary/prices/. Find jobs. The grow pods provide us with speed to market capabilities which are needed for RWBFL to meet and exceed expectations for generating profitable revenue early in 2022.. Such factors include, among others, risks related to the Companys proposed business, such as failure of the business strategy and government regulation; risks related to the Companys operations, such as additional financing requirements and access to capital, reliance on key and qualified personnel, insurance, competition, intellectual property and reliable supply chains; risks related to the Company and its business generally; risks related to regulatory approvals. The Company cautions that the foregoing list of material factors is not exhaustive. Phase 3 On Schedule - Additional cultivation capacity in Sanderson. Such factors include, among others, risks related to the Companys proposed business, such as failure of the business strategy and government regulation; risks related to the Companys operations, such as additional financing requirements and access to capital, reliance on key and qualified personnel, insurance, competition, intellectual property and reliable supply chains; risks related to the Company and its business generally. Received regulatory approval to commence operations on Sept. 29, 2021. Red White and Bloom Employee Reviews in Sanderson, FL Review this company. Any statements made should not be taken as an endorsement of analyst views. 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. Growing commenced Sept. 30, 2021 with projected annual revenue in excess of USD $10 million. While the Company may elect to, it does not undertake to update this information at any particular time. The addition of the Apopka cultivation center will not only facilitate the product selection plan RWB has for its branded dispensaries but is also projected to add an additional 40-50 employment opportunities for the local community when fully operational. The deal also includes the sale of property in Sanderson, Florida. (Source: Florida Trend). 3.0 out of 5 . Red White & Bloom Brands Inc. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. 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. In addition, Canopy Growth holds an option, exercisable at the discretion of Canopy Growth, to acquire all of the issued and outstanding Class D subordinate voting shares (the Floating Shares) at the time that Canopy Growth acquires the Fixed Shares, for cash or Canopy Growth shares, as Canopy Growth may determine, at a price per Floating Share based upon the 30-day volume-weighted average trading price of the Floating Shares on the CSE relative to the trading price of the Canopy Growth shares at the time of the occurrence or waiver of the Triggering Event, subject to a minimum price of US$6.41 per Floating Share. This website is a news website only. Sanderson, FL Launch of RWBFLs first edibles facility that will produce milk, dark, and white chocolate bites with unique flavor profiles. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. An up-front cash payment of $5,000,000 upon execution of the definitive agreement. RWBFL met an additional milestone on November 2, with the production of its first batch of chocolates from its new edibles kitchen in Sanderson . Acreage Holdings to Sell Florida Cannabis Operations to Red White The locations of the three dispensaries are St. Petersburg, Daytona, and Miami Beach., Rogers added, This team is a working like a well-oiled machine and is simultaneously laying the groundwork for future expansion in Sanderson and other strategic locations that RWBFL is pursuing across the state.. Coupled with our cultivation and processing in Sanderson, the additional product will ensure Red White & Bloom has the needed inventory to fulfill inventory requirements at our HT Medical Cannabis dispensary in Springhill and for the next three dispensaries opening in the first quarter of 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. Acreage Announces Sale of Florida Operations To Red White & Bloom Brands. 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. The company will brand its Florida medical dispensaries beginning in Q4 and is developing a consistent retail footprint and product line to align with the medical market in Florida. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. The forward-looking statements and information in this press release includes information relating to the implementation of the Companys business, the PharmaCo acquisition, Florida acquisition, Illinois acquisition and previously announced financing commitments. In addition, RWB Florida has 8 leased stores in prime locations throughout the state. ft. of indoor cultivation space that will produce high quality flower. Phase 3 On Schedule - Additional cultivation capacity in Sanderson. 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. - Ensure that all required background checks have been completed and documented prior to an agent performing job functions We have expanded our operations in key US states as we continue to refine our strategy to grow RWB across US legal markets. All Rights Reserved. While the Company may elect to, it does not undertake to update this information at any particular time. Hiring within our communities is a top priority for us and we are dedicated to ongoing training in every field of expertise and across each of our lines of business. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. 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). These risks, uncertainties and other factors include, among others: the success of the profiled companys operations; the size and growth of the market for the companys products and services; the companys ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the companys business.