- Red White & Bloom Brands is a multi-state cannabis operator based in Canada and focused on developing revenue opportunities in strong U.S. cannabis markets such as Michigan, Florida and California
- The company recently announced it has eliminated $115 million in debt liabilities as part of its efforts to streamline its financial operations during a period when many companies are struggling with the effects of the COVID pandemic
- Red White & Bloom’s debt reduction includes cutting over $22 million in annual expenses
- The company has solidified its foothold in Michigan with acquisitions that have allowed it to become vertically integrated and open new dispensaries and cultivation facilities
Multi-state cannabis operator Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) is making new strides in streamlining its operations as the company accelerates its push toward making its popular Platinum Vape-branded products some of the most recognizable premium cannabis products in the United States.
Red White & Bloom, or RWB, has been strengthening its revenue streams in the states where it operates, particularly in Michigan, Florida and California of late, while also working to deal with its debt to make…
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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