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RWB Received an $8 Million Warrant Exercise From an Institutional Investor and Signed an Irrevocable $7 Million Non-Convertible Debenture Unit Financing Commitment
Red White & Bloom (OTCQX:RWBYF) announced that it has arranged the required cash for the closing of its previously announced acquisition of an Illinois Adult Use and Medical Cannabis Cultivation Center License and Associated Assets. Upon closing, and subject to regulatory approval, the Company intends to introduce both its Platinum Vape and High Times branded products into the Illinois market. “Surpassing USD $1 billion of adult-use sales in only its first year, Illinois has quickly developed into one of the most robust revenue markets in the United States. With the financing now secured, we are thrilled to be one step closer to bringing Red White & Bloom’s nationally-recognized brands to this market. The renewed optimism around the State permitting an additional 75 retail locations further highlights the ....

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Red White & Bloom Arranges Approximately US$13.5 Million to Finance its Closing Costs for ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Red White & Bloom Arranges Approximately US$13.5 Million to Finance its Closing Costs for .
Red White & Bloom Brands Inc.February 11, 2021 GMT
-  RWB receives CDN$8 million warrant exercise from institutional investor   -
-  Signs irrevocable US$7 million non-convertible debenture unit financing commitment  -
-  On schedule for a First Quarter 2021 acquisition closing  -
TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) Red White & Bloom Brands Inc.(CSE: RWB) (OTC: RWBYF) (“RWB” or the “Company”) announces that it has arranged the required cash for closing of its previously announced acquisition of an Illinois Adult Use and Medical Cannabis Cultivation Center License and Associated Assets (the “Illinois Assets”). ....

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