Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries HempNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) Releases Q2 2024 Financial Report, Business Update By: Investor Brand Network August 30, 2024 at 10:53 AM EDT Red White & Bloom (CSE: RWB), a multistate cannabis operator and house of premium brands, is reporting the results of its second quarter 2024, the period ended June 30, 2024. Highlights of the report included advancing refinancing agreements with strategic lenders, progress made toward opening five new retail locations in Florida, stronger vendor relationships and the establishment of key distribution partnerships in California designed to boost market penetration. The report also noted that the company has worked to mitigate supply chain risks in Michigan by securing value-added crop commitments for quality biomass. “These initiatives and investments are expected to drive incremental EBITDA growth in the second half of fiscal 2024,” said Red White & Bloom president Colby De Zen in the press release. “This follows a substantial increase in EBITDA to $7.1 million in the first six months of 2024, representing a year-over-year improvement of over $8 million. Our EBITDA gains for 2024 do not yet include the potential synergies and improvements from the Emblem group of companies, which we expect to impact our results in the latter half of the year.” To view the full press release, visit https://cnw.fm/nwoL3 About Red White & Bloom Brands Inc. Red White & Bloom is a multijurisdictional 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 Arizona, California, Florida, Missouri, Michigan and Ohio, in addition to Canadian and international markets by virtue of its acquisition of the former Aleafia group of companies. For more information about the company, please visit www.RedWhiteBloom.com. NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://cnw.fm/RWBYF About HempWire HempWire (“HW”) is a specialized communications platform with a focus on hemp-related news, information, and the latest developments in the hemp sector. HempWire is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, HW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, HW brings its clients unparalleled recognition and brand awareness. HW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from HempWire, text “HempWire” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.HempWire.com Please see full terms of use and disclaimers on the HempWire website applicable to all content provided by HW, wherever published or re-published: https://www.HempWire.com/Disclaimer HempWireDenver, Coloradowww.HempWire.com303.498.7722 OfficeEditor@HempWire.com HempWire is powered by IBN Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
HempNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) Releases Q2 2024 Financial Report, Business Update By: Investor Brand Network August 30, 2024 at 10:53 AM EDT Red White & Bloom (CSE: RWB), a multistate cannabis operator and house of premium brands, is reporting the results of its second quarter 2024, the period ended June 30, 2024. Highlights of the report included advancing refinancing agreements with strategic lenders, progress made toward opening five new retail locations in Florida, stronger vendor relationships and the establishment of key distribution partnerships in California designed to boost market penetration. The report also noted that the company has worked to mitigate supply chain risks in Michigan by securing value-added crop commitments for quality biomass. “These initiatives and investments are expected to drive incremental EBITDA growth in the second half of fiscal 2024,” said Red White & Bloom president Colby De Zen in the press release. “This follows a substantial increase in EBITDA to $7.1 million in the first six months of 2024, representing a year-over-year improvement of over $8 million. Our EBITDA gains for 2024 do not yet include the potential synergies and improvements from the Emblem group of companies, which we expect to impact our results in the latter half of the year.” To view the full press release, visit https://cnw.fm/nwoL3 About Red White & Bloom Brands Inc. Red White & Bloom is a multijurisdictional 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 Arizona, California, Florida, Missouri, Michigan and Ohio, in addition to Canadian and international markets by virtue of its acquisition of the former Aleafia group of companies. For more information about the company, please visit www.RedWhiteBloom.com. NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://cnw.fm/RWBYF About HempWire HempWire (“HW”) is a specialized communications platform with a focus on hemp-related news, information, and the latest developments in the hemp sector. HempWire is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, HW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, HW brings its clients unparalleled recognition and brand awareness. HW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from HempWire, text “HempWire” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.HempWire.com Please see full terms of use and disclaimers on the HempWire website applicable to all content provided by HW, wherever published or re-published: https://www.HempWire.com/Disclaimer HempWireDenver, Coloradowww.HempWire.com303.498.7722 OfficeEditor@HempWire.com HempWire is powered by IBN
Red White & Bloom (CSE: RWB), a multistate cannabis operator and house of premium brands, is reporting the results of its second quarter 2024, the period ended June 30, 2024. Highlights of the report included advancing refinancing agreements with strategic lenders, progress made toward opening five new retail locations in Florida, stronger vendor relationships and the establishment of key distribution partnerships in California designed to boost market penetration. The report also noted that the company has worked to mitigate supply chain risks in Michigan by securing value-added crop commitments for quality biomass. “These initiatives and investments are expected to drive incremental EBITDA growth in the second half of fiscal 2024,” said Red White & Bloom president Colby De Zen in the press release. “This follows a substantial increase in EBITDA to $7.1 million in the first six months of 2024, representing a year-over-year improvement of over $8 million. Our EBITDA gains for 2024 do not yet include the potential synergies and improvements from the Emblem group of companies, which we expect to impact our results in the latter half of the year.” To view the full press release, visit https://cnw.fm/nwoL3 About Red White & Bloom Brands Inc. Red White & Bloom is a multijurisdictional 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 Arizona, California, Florida, Missouri, Michigan and Ohio, in addition to Canadian and international markets by virtue of its acquisition of the former Aleafia group of companies. For more information about the company, please visit www.RedWhiteBloom.com. NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://cnw.fm/RWBYF About HempWire HempWire (“HW”) is a specialized communications platform with a focus on hemp-related news, information, and the latest developments in the hemp sector. HempWire is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, HW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, HW brings its clients unparalleled recognition and brand awareness. HW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from HempWire, text “HempWire” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.HempWire.com Please see full terms of use and disclaimers on the HempWire website applicable to all content provided by HW, wherever published or re-published: https://www.HempWire.com/Disclaimer HempWireDenver, Coloradowww.HempWire.com303.498.7722 OfficeEditor@HempWire.com HempWire is powered by IBN
