With growth of over 145 percent in just the first six months of this year, we are pleased to be entering this fast growing market now.. Received regulatory approval to commence operations on Sept. 29, 2021. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled companys actual results of operations. 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. 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. 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. -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 . 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. The majority of Floridas medical cannabis market is supplied with mass produced flower with common strains. 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. While the Company may elect to, it does not undertake to update this information at any particular time. 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. 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. ft. of indoor cultivation space that will produce high quality flower. Have a confidential news tip? 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. 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. The 30 pods will produce 10,000 pounds of high quality flower per year that will generate $30 million in additional revenue. There is no assurance that these transactions will yield results in line with management expectations. 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. Self-contained, technically advanced cultivation pods provide a unique opportunity for RWB to produce ultra-premium product for the Florida marketplace that is significantly differentiated to what is commonplace in the market today. valuethemarkets.comand Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. 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. 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. While the Company may elect to, it does not undertake to update this information at any particular time. 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. 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. 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. 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. RWBFL has made tremendous progress with the launch of its 45,000 sq. 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. Employers / Post Job. Red White and Bloom. 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. 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. 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 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. 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. Each pod will produce 63 lbs. The best cannabis industry news sent to your inbox every Sunday. To see all exchange delays and terms of use, please see disclaimer. TORONTO, April 06, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) (RWB or the Company), announced today plans to increase cultivation capacity upon closing of the previously announced definitive agreement to enter the Florida cannabis market. The Company has assumed a certain progression, which may not be realized. 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. 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. This acquisition comes directly on the. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. 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. Other thanvaluethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. Sanderson, FL 2 reviews. It is anticipated, as per the Companys previous press releases, that subject to regulatory approval, this transaction will close in Q2 2021. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. 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. . 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. 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.. 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. 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. Past performance is not an indicator of future performance. The majority of Floridas medical cannabis market is supplied with mass produced flower with common strains. 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. Our goal is to provide quality and consistency for our customers while delivering a unique and safe experience. RWB Florida 13907 Arnold Rhoden Road, Sanderson, FL 32087. Investors are cautioned against attributing undue certainty to forward-looking statements. Each unit is specifically designed and outfitted for premium cannabis cultivation. You will have no right to complain to the Financial Ombudsman Services or to seek compensation from the Financial Services Compensation Scheme. 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. 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. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. No claim is made by the Publisher to any rights in any third-party trademarks other thanvaluethemarkets.com. 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. 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. Red White & Bloom Closes Acquisition of Florida Operations from Acreage - Ensure that all required background checks have been completed and documented prior to an agent performing job functions Sanderson, FL - Launch of RWBFL's first edibles facility that will produce . 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. - Act as a point of contact for all security: including operational oversight and of monitoring video and access control through review of audit reports and security systems 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. - Oversee the development, revision, and implementation of the emergency response & business continuity plans for all company locations including development of plan, program documents, exercises, and training. 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 plan is ahead of schedule with this weeks delivery of 30 modular grow pods to Red White & Bloom Florida LLC (RWBFL), a Red White & Bloom Brands subsidiary, at its Apopka, Florida cultivation location. The Company will be taking delivery of the units in Florida for deployment at the Sanderson . Phase 2 started with the commissioning and OMMU approval of five pods that subsequently have been loaded and are growing plants. Investors are cautioned against attributing undue certainty to forward-looking statements. 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. 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. Cultivated under the watchful eye of master growers, our products include smokable flower, a wide range of edibles & topicals as well as our premium skin care line PURA. (Source: Florida Trend). 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. "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. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Red White and Bloom Careers and Employment | Indeed.com It will also allow us to serve patients with the quality and consistency they deserve. 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. Acreage also owns Universal Hemp, LLC, a hemp subsidiary dedicated to the distribution, marketing and sale of CBD products throughout the U.S. foot greenhouse, our CBD and hemp products are grown with the greatest of care from seed to shelf. They are responsible for overseeing all security operations within the company facilities. There is no assurance that these transactions will yield results in line with management expectations. 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. 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. 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). 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. Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. Red White & Bloom (RWB) is the torchbearer leading a new frontier and setting a standard in . This position oversees a team of security associates and 3rd party security contractors and maintains security equipment to ensure total compliance with internal SOPs and state regulations. https://www.linkedin.com/company/redwhitebloomus/jobs/. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. Location. Patricia Miller has not been paid to produce this piece by the company or companies mentioned above. 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. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. 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. For additional information regarding Canopy Growth, please see Canopy Growths profile on SEDAR at www.sedar.com. 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. 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.
