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Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Targeting Increased Revenue and Margins with Strategic Focus on Vertical Integration

  • RWB recently reported its Q3 2021 financial results in which revenues grew 93% YOY
  • The company is pursuing vertical integration in multiple states, including Florida, California, and Michigan
  • In Florida, RWB has launched cultivation operations and a processing facility expected to provide additional inventory for its Springhill dispensary, as well as three new dispensaries set to be opened in Q1 2022
  • According to RWB Chairman and CEO Brad Rogers, vertical integration will help drive increased revenue and margins for the company

In the third quarter of fiscal 2021, multistate cannabis operator and house of premium brands Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) made excellent progress that reflected in financials captured in a November 30 news release. The announcement, which highlighted the company’s 93% year-over-year revenue growth from $6.1 million in Q3 2020 to $11.8 million in the most recent quarter, also provided additional details on the RWB’s prospects and strategic plans, one of which is vertical integration (https://cnw.fm/DpsXk).

“In the third quarter, we made excellent progress in laying additional building blocks in our core operating states of Florida, Michigan, and California to become more…

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