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Digitonic Ltd, the owner ofvaluethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above. 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. Each unit is specifically designed and outfitted for premium cannabis cultivation. Red White & Bloom Enters Phase 2 Florida Expansion - Yahoo! 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. The 30 pods will produce 10,000 pounds of high quality flower per year that will generate $30 million in additional revenue. 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 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 forward-looking statements and information in this press release includes information relating to the implementation of the Companys business, the PharmaCo acquisition, Florida acquisition, Illinois acquisition and previously announced financing commitments. 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. 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 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. 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. Location. 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. 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". There is no assurance that these transactions will yield results in line with management expectations. We are brand ambassadors for some of finest products in the market. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. 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. 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 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. While the Company may elect to, it does not undertake to update this information at any particular time. All. 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.. The forward-looking statements and information in this press release includes information relating to the implementation of the Companys business, the PharmaCo acquisition, Florida acquisition, Illinois acquisition and previously announced financing commitments. 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. 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 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. "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. Since its founding in 2011, Acreage has focused on building and scaling operations to create a seamless, consumer-focused, branded experience. 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. - 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 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. 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. For more information about Red White & Bloom Brands Inc., please contact: Brad Rogers, CEO and Chairman 604-687-2038 Tyler Troup, Managing Director Circadian Group IR IR@RedWhiteBloom.com Visit us on the web: www.RedWhiteBloom.com Follow us on social media: Twitter: @rwbbrands Facebook: @redwhitebloombrands Instagram: @redwhitebloombrands 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. 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. Red White & Blooms portfolio of exceptional brands continues to develop and expand. August 04, 2021 07:00 ET 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. 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. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. 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. RWBs brands include iconic names such as High Times and the successful Michigan and California Platinum line. This acquisition comes directly on the heels of the Sanderson Florida purchase and provides immediate benefits for significant cultivation expansion for delivery to RWBFL stores in Florida. Get ahead of the crowd by signing up for420 Investorwhen it becomes available again. Get To Know Us! The Company has assumed a certain progression, which may not be realized. - 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. We have expanded our operations in key US states as we continue to refine our strategy to grow RWB across US legal markets. 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. Red White & Bloom (RWB) is the torchbearer leading a new frontier and setting a standard in . Brands | Red White & Bloom 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 press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. 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. 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. (Source: Florida Trend). This press release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. 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. Red White & Bloom Closes Acquisition of Florida Operations from Acreage 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. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. The other half is for mothers, clones and vegetative operations for the Companys proprietary genetic strains. 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. valuethemarkets.comand Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. FL, Apopka; FL, Sanderson; Florida, Daytona; Select Position: -select all-Cultivation Technician; Dispensary Associate; Facilities & Maintenance Technician . READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. Received OMMU approval on Oct 22. 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. For additional information regarding Canopy Growth, please see Canopy Growths profile on SEDAR at www.sedar.com. Received regulatory approval to commence operations on Sept. 29, 2021. Phase 2 started with the commissioning and OMMU approval of five pods that subsequently have been loaded and are growing plants. 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. https://www.linkedin.com/company/redwhitebloomus/jobs/. There is no assurance that these transactions will yield results in line with management expectations. Reviews from Red White and Bloom employees in Sanderson, FL about Management. - 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 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.