TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) announces that it has completed and filed its interim financial statements for the period ended September 30, 2025, together with the related management's discussion and analysis and CEO and CFO certificates. Copies of these documents are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
The Company also announces that it has entered into a debt settlement agreement (the “Settlement Agreement”) with a former consultant of the Company, pursuant to which the Company will issue an aggregate of 375,000 common shares (the “Shares”) at the lesser of the CSE prescribed minimum price of $0.05 per Share and the twenty (20) day volume weighted average price per Share as of November 28, 2025 (on prior approval by the CSE), to settle certain outstanding obligations owed to the consultant for past services. The Company anticipates closing the debt settlement on or about December 8, 2025. Securities issued pursuant to the Settlement Agreement will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities referenced herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
About Red White & Bloom Brands Inc.
Red White & Bloom is a multi-state cannabis operator and house of premium brands operating in the United States, Canada and select international jurisdictions. RWB is predominantly focusing its investments on major U.S. markets, including California, Florida, Missouri, and Michigan, in addition to Canadian and emerging international markets.
Red White & Bloom Brands Inc.
Investor and Media Relations
Edoardo Mattei, CFO
IR@RedWhiteBloom.com
947-225-0503
Visit us on the web: https://www.redwhitebloom.com/
Follow us on social media:
Twitter: @rwbbrands
Facebook: @redwhitebloombrands
Instagram: @redwhitebloombrands
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.
FORWARD LOOKING INFORMATION
This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws (collectively, “forward-looking information”). Forward-looking information may relate to future events or future performance of the Company and is often identified by the use of terminology such as “anticipate”, “believe”, “expect”, “estimate”, “intend”, “may”, “plan”, “project”, “predict”, “potential”, “will”, “would”, “could”, and similar expressions, or their negative forms, and includes, without limitation, statements regarding: (i) the anticipated completion of the debt settlement agreement, including the expected closing date and issuance of common shares thereunder; and (ii) the Company’s expectations regarding regulatory matters, corporate initiatives, governance processes, financial reporting, and strategic priorities.
Forward-looking information is based on a number of assumptions that were applied in drawing conclusions and making forecasts, including, without limitation, assumptions regarding: general business and economic conditions; the Company’s ability to obtain required approvals; stability in applicable laws and regulations; the availability of financing; expectations regarding the cannabis market; and the Company’s operating capacity and strategic direction. Although the Company believes the assumptions used in preparing such forward-looking information are reasonable, they may prove to be incorrect.
Forward-looking information is subject to a variety of risks, uncertainties and other factors, many of which are beyond the Company’s control and which could cause actual results to differ materially from those expressed or implied, including, without limitation: risks relating to the ability to complete the debt settlement on the terms and timing anticipated, or at all; regulatory and compliance risks; risks relating to financial reporting and governance requirements; risks associated with operating in the cannabis industry; market volatility; competition; access to capital; reliance on key personnel; supply chain continuity; and other risks more fully described in the Company’s filings on SEDAR+.
Readers are cautioned that the foregoing list of assumptions, risks and uncertainties is not exhaustive. Forward-looking information is provided as of the date of this press release, and the Company does not undertake any obligation to update or revise such information except as required by applicable securities laws. Readers should not place undue reliance on forward-looking information.
