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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. of sellable product per harvest. Get ahead of the crowd by signing up for420 Investorwhen it becomes available again. foot greenhouse, our CBD and hemp products are grown with the greatest of care from seed to shelf. The deal also includes the sale of property in Sanderson, Florida. RWBFL met an additional milestone on November 2, with the production of its first batch of chocolates from its new edibles kitchen in Sanderson . While the Company may elect to, it does not undertake to update this information at any particular time. valuethemarkets.comand Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. 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. 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. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. 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. 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 majority of Floridas medical cannabis market is supplied with mass produced flower with common strains. From corporate responsibilities to social responsibilities we are built to enable and provide both social and economic impact within our communities. 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. 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. TORONTO, Ontario April 6, 2021 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. 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.. Since its founding in 2011, Acreage has focused on building and scaling operations to create a seamless, consumer-focused, branded experience. 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. Red White and Bloom Jobs Job Openings - powered by myStaffingPro Applicant Tracking System : Career Search : Notify Me About Future Openings. 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. RWBFL is fast tracking the remaining 25 pods and expects to have them operational no later than December 1st. TORONTO and APOPKA, Fla., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc.(CSE: RWB and OTCQX: RWBYF) (RWB or the Company), a multi-state cannabis operator and house of premium brands, has officially entered Phase 2 of its Florida expansion plan. For us, it is extremely important for us to always ensure that our customers, both current and future, are consuming nothing but the highest quality cannabis products. Red White & Bloom. Each unit is specifically designed and outfitted for premium cannabis cultivation. 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. - Review and approve incident reports and other reports written by security agents prior to submitting to the executive management team?follow up with security agent if needed We are thrilled to welcome very talented, experienced cannabis specialists from the Orange County area to our team. 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.. "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. - Develop written materials including safety reports, policies, newsletters, and toolboxes This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. 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. Received OMMU approval on Oct 22nd and loaded the first two pods on Oct 27th. 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 & 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 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. 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. The pods provide an additional 19,200 sq. 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. Interview is easy Interview Questions If you have experience with medical cannabis. - Maintain lists of agents authorized to access designated areas of the facilities, including cash and product storage vaults, surveillance and network equipment room, and other highly sensitive areas of the facilities RWB has developed a branded capsule and rosin line along with a proprietary line of chocolates that will be available to medical patients in Q4 of 2021. - Lead a working group to ensure the current policies and procedures are properly implemented, integrated, effective, and relevant to ensure the safety of agents and assets While the Company may elect to, it does not undertake to update this information at any particular time. Sanderson, FL 2 reviews. If you have questions about Red White & Bloom and its proposed investments and acquisitions or need more information, visit our Investor Portal. 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. The shares issued are subject to regulatory resale restrictions in accordance with both US and Canadian securities laws. 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. We may underfill or overfill this position from this posting. All Rights Reserved. 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. This is why we made it a priority to control the whole process from seed all the way through to sale. 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. This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. 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. 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. 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. The Director of Security is responsible for working with the internal shareholders and external customers to develop and manage security policies and procedures while implementing, administering, and revising those policies as needed. Red White & Bloom. 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, 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. 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. 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. 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. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. 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. Investments may fall in value and an investor may lose some or all of their investment. This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. 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 recently released 2021MJBizFactbookprojects Florida medical marijuana sales will approach $1.3 billion in 2021 and nearly $2 billion annually by 2025. 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. 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. Investors are cautioned against attributing undue certainty to forward-looking statements. While the Company may elect to, it does not undertake to update this information at any particular time. Red White & Bloom Florida is assembling an outstanding team that continues to rise to every challenge and meet every objective as we strive toward our core focus of aggressively developing our locations and producing high quality products and profitable operations, stated Frazier. TORONTO and APOPKA, Fla., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF) (RWB or the Company), a multi-state cannabis operator and house of premium brands, has officially entered Phase 2 of its Florida expansion plan. 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. Welcome To Red White and Bloom Florida, Inc. . READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. "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.". Last summer, Acreage announced a focused core-market operating strategy in nine states in the Northeast, Mid-Atlantic and Midwest. Sign in. 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. 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. 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. Received regulatory approval to commence operations on Sept. 29, 2021. In this case, the Publisher has been compensated byRed White & Bloom Brands Inc. to conductinvestor awareness advertising and marketing and has paid the Publisher the equivalent of five hundred thousand US dollarsto produce and disseminate this and other similar articles and certain related banner advertisements. 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. Start of main content. The information included in this article is based solely on information provided by the company or companies mentioned above. - 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 Phase 1- Complete - Build-out of Apopka Greenhouse. - Ensure the agent is granted an appropriate level of access to the facility necessary to complete his/her job functions Find jobs. 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. Red White & Bloom Purchases Cultivation Pods for Florida; Immediately Shipping to Ready for Upcoming Deal Closing, https://fldispensaries.com/florida/dispensary/prices/, https://www.valuethemarkets.com/terms-conditions/, https://www.valuethemarkets.com/disclaimer/. 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. ft. of indoor cultivation space that will produce high quality flower. 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. 30 grow pods add 19,200 sf of space that will generate $30 million in revenue annually. Phase 2 started with the commissioning and OMMU approval of five pods that subsequently have been loaded and are growing plants. 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. 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. While the Company may elect to, it does not undertake to update this information at any particular time. Sign in. https://fldispensaries.com/florida/dispensary/prices/. 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. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. RWB Florida 13907 Arnold Rhoden Road, Sanderson, FL 32087.