HempNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Expanding Retail, Cultivation Footprint in Florida

Company: Red White & Bloom Brands Inc. (RWBYF)
Category: Stock Spotlights

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a company leveraging brand acquisitions and partnerships to become one of the top three multistate operators in the U.S. legal cannabis and hemp market, recently completed the acquisition of an operational 45,000-square-foot greenhouse sited on 4.7 acres of land in Apopka, Florida. According to the GM of RWB Florida, Jim Frazier, who is quoted in a recent article, “The Apopka acquisition cements the fact that we are committed to expansion in Florida, which is in line with the overall company’s growth strategy across the country.” The acquisition follows that of the Sanderson facility and will add near-term cultivation capacity as RWB waits for its Sanderson facility to become operational. “The two acquisitions are part of a two-pronged strategy that also entails opening new retail stores during the second half of 2021. In line with this target, RWB is building a consistent retail footprint and products to align with Florida’s medical market. According to Red White & Bloom CEO Brad Rogers, the Apopka facility will allow the company to serve patients with the quality and consistency they deserve in addition to delivering the cultivation required to meet its significant retail expansion goals throughout Florida.”

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About Red White & Bloom Brands Inc.

The company is positioning itself to be one of the top three multistate cannabis operators active in the U.S. legal cannabis and hemp sector. RWB is predominantly focusing its investments on the major U.S. markets, including Michigan, Illinois, Massachusetts, Arizona and California with respect to cannabis, and the U.S. and internationally for hemp-based CBD products. For more information about the company, visit www.RedWhiteBloom.com.

NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://cnw.fm/RWBYF

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