- Red White & Bloom Inc. recently completed the acquisition of an operational 45,000 square-foot greenhouse situated on 4.7 acres of land in Apopka, Florida
- The acquisition comes less than four months after the company closed the purchase of a property in Sanderson, Florida
- RWB is intent on expanding its cultivation footprint in Florida as it also seeks to grow the number of retail stores in the state
- The Apopka facility will add near term cultivation capacity as RWB waits for the Sanderson facility to become operational
A little less than four months after completing the acquisition of a property in Sanderson, Florida, Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a company leveraging brand acquisitions and partnerships to become one of the top three multi-state operators in the US legal cannabis and hemp market, has completed another acquisition as part of efforts to expand its cultivation footprint in Florida.
Announced August 4, the acquisition, completed for a total purchase price of US$1,887,000 payable in cash (on closing and in 5 monthly instalments commencing 30 days after closing) and RWB common shares…
NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://cnw.fm/RWBYF
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