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. 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. RWB has secured 30 double wide fully enclosed cultivation pods that collectively provide approximately 19,000 square feet of operating space, with 14,400 square feet of canopy. Investors are cautioned against attributing undue certainty to forward-looking statements. 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 pods provide an additional 19,200 sq. Phase 1- Complete - Build-out of Apopka Greenhouse. The information included in this article is based solely on information provided by the company or companies mentioned above. The staff, with an innovative and unique approach to the new chocolate line, has produced some of the best chocolates in the state, and has plans to quickly expand into additional edible SKUs in the very near future. Multistate marijuana operator Acreage Holdings said it has a definitive agreement to sell its medical cannabis operation in Florida to Red White & Bloom Brands for $60 million in cash and stock. There is no assurance that these transactions will yield results in line with management expectations. "Our mission is to be the most superior and recognizable cannabis company in the United States." Brad Rogers CEO and Chairman, RWB Our Brands - Identify potential risks to all company locations, its employees, guests, and assets through regular site visits, risk assessments, observations, and data analysis. Acreage also owns Universal Hemp, LLC, a hemp subsidiary dedicated to the distribution, marketing and sale of CBD products throughout the U.S. 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. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Forward-looking statements are made based on managements beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. 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. Our Red White & Bloom Florida team has been on time, on target and under budget with the execution of every step of our aggressive three-phase development strategy for our two cultivation centers in Florida, stated Brad Rogers, CEO of Red White & Bloom. "With such high patient demand in Florida," said Brad Rogers, CEO of Red White & Bloom, "the Apopka facility will deliver the cultivation needed to meet our significant retail expansion goals throughout the state. NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) . 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. 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. 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. 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. 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. NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRDF, ACRHF) today announced its subsidiary, High Street Capital Partners, LLC, has entered into a definitive agreement with Red White and Bloom Brands, Inc. (CSE: RWB) (OTCQX: RWBYF), pursuant to which the Buyer will purchase all of the issued and outstanding shares of common stock of Acreage . ft. of indoor cultivation space that will produce high quality flower. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. Reviews from Red White and Bloom employees in Sanderson, FL about Management. After surging to end the year, Illinois adult-use cannabis MariMed Reports Fourth Quarter and Full Year 2022 Financial Download the free New Cannabis Ventures app on the iOSApp Store or Google Play and get real-time push notifications straight to your phone on the latest breaking news and exclusives published. The Company has assumed a certain progression, which may not be realized. 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. Together we will be building a successful operation that benefits this community and our employees families, improves quality of life for medical cannabis patients and enhances shareholder value., Floridas medical marijuana industry is the third largest in the US, and generated nearly $1.23 billion in taxable sales in 2020, according to Arcview Market Research, which projects the industry could generate $6 billion in Florida sales by 2030. RWB is predominantly focusing its investments on the major US markets, including Michigan, Illinois, Florida, Oklahoma, Arizona, and California with respect to cannabis, and the US and internationally for hemp-based CBD products. Sanderson, FL Launch of RWBFLs first edibles facility that will produce milk, dark, and white chocolate bites with unique flavor profiles. Valuethemarkets.com and Digitonic Ltd are not a broker/dealer, we are not an investment advisor, we have no access to non-public information about publicly traded companies, and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice. Growing commenced Sept. 30, 2021 with projected annual revenue in excess of USD $10 million. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. Each pod will produce 63 lbs. 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. We are thankful to all of our incredible customers who support our brands. valuethemarkets.comand Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. 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. Investments may fall in value and an investor may lose some or all of their investment. Phase 3 On Schedule - Additional cultivation capacity in Sanderson. 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 . 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/. 1 Source: www.globenewswire.com/en/news-release/2021/04/13/2209199/0/en/BDSA-Launches-Cannabis-Retail-Sales-Tracking-in-Florida-and-Michigan.html. 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. 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. The shares issued are subject to regulatory resale restrictions in accordance with both US and Canadian securities laws. We are very pleased to have completed this state of the art production facility ahead of time and begin production this month said Jim Frazier, GM of RWB Florida. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the Publisher) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. 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. The NCV Newswire is hand-curated by an editor and not automated in anyway. Get To Know Us! 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. They are responsible for overseeing all security operations within the company facilities. 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. We have nurtured our strains to produce high quality flower in the Florida climate while producing high yields, industry-leading THC percentages and superior terpene content, noted Jim Frazier, GM of RWB Florida. 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. Red White and Bloom Employee Reviews in Sanderson, FL Review this company. The addition was built to accommodate the fast-growing demand for edibles in the market1. Red White & Bloom Brands Inc. -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 Florida -. About Red White & Bloom Brands Inc.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 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. With its principal address in New York City, Acreage is a multi-state operator of cannabis cultivation and retailing facilities in the U.S., including the companys national retail store brand, The Botanist. RWB has secured 30 double wide fully enclosed cultivation pods that collectively provide approximately 19,000 square feet of operating space, with 14,400 square feet of canopy. All Rights Reserved. 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. -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 . Received regulatory approval to commence operations on Sept. 29, 2021. - Collaborate and design security systems including software and hardware for new construction, expansion and retrofit projects. 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. 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. We are very confident in our management team in Florida and more than pleased to see this expansion launch in Q4 this year". 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 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.. 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). Investors are cautioned against attributing undue certainty to forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. We are thrilled to welcome very talented, experienced cannabis specialists from the Orange County area to our team. The information provided is general and impersonal, and is not tailored to any particular individuals financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. - Conduct monthly security audits and ensure all cameras, access control and alarm. Interview is easy Interview Questions If you have experience with medical cannabis. It will also allow us to serve patients with the quality and consistency they deserve. 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. For more information about the Amended Arrangement please see the Acreage proxy statement and management information circular dated August 17, 2020 (the Circular) and the respective information circulars of each of Acreage and Canopy Growth dated May 17, 2019, which are available on Acreages and Canopy Growths respective profiles on SEDAR at www.sedar.com and filed with the SEC on the EDGAR website at www.sec.gov. - Partner with HR on all investigations Phase 3 On Schedule - Additional cultivation capacity in Sanderson. . The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur. Sign in. - Perform inspection when needed and coordinate and adjustments with any third-party security vendors The Company is positioning itself to be one of the top three multi-state cannabis operators active in the U.S. legal cannabis and hemp sector. It is anticipated, as per the Companys previous press releases, that subject to regulatory approval, this transaction will close in Q2 2021. We have expanded our operations in key US states as we continue to refine our strategy to grow RWB across US legal markets. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Sign in. 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. 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. 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. 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. 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, the potential for conflicts of interest among certain officers or directors, and the volatility of the Companys common share price and volume. Something went wrong while submitting the form. Patricia Miller does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above article. The Company has assumed a certain progression, which may not be realized. 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. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions. The recently released 2021 MJBizFactbook projects Florida medical marijuana sales will approach $1.3 billion in 2021 and nearly $2 billion annually by 2025. Investors are cautioned against attributing undue certainty to forward-looking statements. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. ft greenhouse and has implemented a proven growing process in Apopka, where half of the greenhouse is used for auto flower production for biomass to support RWBFLs future extraction operation. The Company has assumed a certain progression, which may not be realized. 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. https://fldispensaries.com/florida/dispensary/prices/. 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. Digitonic Ltd, the owner ofvaluethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above. 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. Red White & Bloom Florida LLC (RWBFL), a Red White & Bloom Brands subsidiary, has closed on the acquisition of an operational 45,000 square foot greenhouse situated on 4.7 acres of land in Apopka, Florida. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. https://www.linkedin.com/company/redwhitebloomus/jobs/. 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. All Rights Reserved. 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. www.globenewswire.com/en/news-release/2021/04/13/2209199/0/en/BDSA-Launches-Cannabis-Retail-Sales-Tracking-in-Florida-and-Michigan.html. There is no assurance that these transactions will yield results in line with management expectations. For more information about Red White & Bloom Brands Inc., please contact: Brad Rogers, CEO and Chairman 604-687-2038 Tyler Troup, Managing Director Circadian Group IR IR@RedWhiteBloom.com Visit us on the web: www.RedWhiteBloom.com Follow us on social media: Twitter: @rwbbrands Facebook: @redwhitebloombrands Instagram: @redwhitebloombrands There is no assurance that these transactions will yield results in line with management expectations. The staff, with an innovative and unique approach to the new chocolate line, has produced some of the best chocolates in the state, and has plans to quickly expand into additional edible SKUs in the very near future. We are brand ambassadors for some of finest products in the market. 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. 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. 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. BDSA1 reports that, Floridas medical cannabis market is expected to reach $1.5 billion in sales in 2021, growing 53% over 2020. Adding, With both recreational and medical cannabis expected to be legal in Florida by 2023, BDSA forecasts it will grow to $2.6 billion by 2026. The production facility was built within a 4,800 square foot standalone structure at RWB Floridas Sanderson location. Red White & Bloom. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. - Lead effort to implement, monitor and maintain a product security program with our Brands organization, protecting product leaks and the theft of pre-release products. The Publisher has no access to non-public information about publicly traded companies. Sanderson, FL Launch of RWBFLs first edibles facility that will produce milk, dark, and white chocolate bites with unique flavor profiles. 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. It is very important to do your own analysis before making any investment based on your personal circumstances. 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. Phase 2 started with the commissioning and OMMU approval of five pods that subsequently have been loaded and are growing plants. No news or research item is a personal recommendation to deal or invest in any particular company or product, nor does Valuethemarkets.com or Digitonic Ltd endorse any investment or product. The Company cautions that the foregoing list of material factors is not exhaustive. 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 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.
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