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. All. 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. Acreage Florida is licensed to operate medical marijuana dispensaries, a processing facility, and a cultivation facility in the state of Florida. 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 -. 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, the potential for conflicts of interest among certain officers or directors, and the volatility of the Companys common share price and volume. - 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. Job Title. The Company cautions that the foregoing list of material factors is not exhaustive. 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. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. RWB is predominantly focusing its investments on the major US markets, including Michigan, Illinois, Massachusetts, Arizona and California with respect to cannabis, and the US and internationally for hemp-based CBD products. Red White & Bloom is the torchbearer leading a new frontier and setting a standard in the American cannabis industry. Building out the remaining space in Apopka so RWBFL maximizes both facilities to generate profitable revenue. Investors are cautioned against attributing undue certainty to forward-looking statements. NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) Acreage Holdings, Inc. (Acreage or the Company) (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. (the Buyer) (CSE: RWB) (OTCQX: RWBYF), pursuant to which the Buyer will purchase all of the issued and outstanding shares of common stock of Acreage Florida, Inc. (Acreage Florida) for an aggregate purchase price of $60,000,000.
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. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. Get ahead of the crowd by signing up for420 Investorwhen it becomes available again. 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. The Company has assumed a certain progression, which may not be realized. 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. 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/. 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. 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. 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 recently released 2021MJBizFactbookprojects Florida medical marijuana sales will approach $1.3 billion in 2021 and nearly $2 billion annually by 2025. 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. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. https://fldispensaries.com/florida/dispensary/prices/. 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.. Upload your resume. 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. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. The deal also includes the sale of property in Sanderson, Florida. . Thank you! Ratings by category. 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. - Investigate and review onsite accidents and incidents and coordinate a response with other departments needed 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. If you do not agree to the Terms of Use, please contactvaluethemarkets.comto discontinue receiving future communications. The Company will be taking delivery of the units in Florida for deployment at the Sanderson Property, which forms part of the Florida acquisition agreement and includes the sale of the property in Sanderson, with over 15 acres of land and a 113,546 SF facility for cultivation and processing. The cash proceeds will significantly bolster our balance sheet and position us to accelerate our cultivation expansion projects and open additional dispensaries to support our growth into key adult-use cannabis states such as Illinois and New Jersey. 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. The information on which it is based is believed to be reliable. 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. We are confident this new facility, coupled with our expert staff of edible specialists, can produce a market-leading offering., According to BDSA the market for ingestible products has increased from $5.3M a month to over $13M a month in the first six months of 2021 stated Brad Rogers, CEO of RWB. . 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. Oops! 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. 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. 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. August 04, 2021 07:00 ET
Red White and Bloom Jobs Job Openings - powered by myStaffingPro Applicant Tracking System : Career Search : Notify Me About Future Openings. The majority of Floridas medical cannabis market is supplied with mass produced flower with common strains. Red White & Bloom Brands Inc. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. Growing commenced Sept. 30, 2021 with projected annual revenue in excess of USD $10 million. 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. Our goal is to provide quality and consistency for our customers while delivering a unique and safe experience. 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. Acreage Announces Sale of Florida Operations To Red White & Bloom Brands. 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. The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser.
RED WHITE & BLOOM FLORIDA INC. Company Number L11717 Status Active Incorporation Date 24 August 1989 (over 33 years ago) Company Type Domestic for Profit Jurisdiction Florida (US) Agent Name BURR & FORMAN LLP Agent Address 50 North Laura Street, Jacksonville, FL 32202 Directors / Officers BURR & FORMAN LLP, agent Brad Rogers Brad Rogers, president 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. 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. 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 and Bloom Employee Reviews in Sanderson, FL Review this company. 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.
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