RWB

$10M Settlement of Class Action Against Royal Winnipeg Ballet and Bruce Monk

Retrieved on: 
Wednesday, January 5, 2022
Tax, GLOBE, Royal Winnipeg Ballet, RWB, Health, School, Student, Defendant, Private investigator, Pharmaceutical industry, Health insurance

TORONTO, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Waddell Phillips announces that the parties to a class action against the Royal Winnipeg Ballet and Bruce Monk have reached a $10 million settlement, subject to receiving the courts approval.

Key Points: 
  • TORONTO, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Waddell Phillips announces that the parties to a class action against the Royal Winnipeg Ballet and Bruce Monk have reached a $10 million settlement, subject to receiving the courts approval.
  • The class action is brought on behalf of students of the Royal Winnipeg Ballet School (the School) from 1984 to 2015 and whom, while enrolled at the School, were photographed by Bruce Monk in a private setting.
  • The court hearing for the approval of the settlement will take place on Friday, February 11, 2022 by videoconference.
  • The class action alleges that while Bruce Monk was a teacher and photographer at the Royal Winnipeg Ballet, he took nude, semi-nude and intimate photographs of students, some of which he published, sold, and disseminated on-line.

GovX Gives Back Raises Record $24,000+ for Team Red, White & Blue

Retrieved on: 
Wednesday, December 15, 2021
Organization, Law enforcement, Coffee, Weight gain, Community, Catalog, SAN, Month, Woman, Team, Yoga, Government, RWB, Firefighter, MMA, Man, Veteran, Health, Animal, Management

GovX Gives Back also raised a portion of the funds through STIPE'S CORNER, with 5% of proceeds from MMA champ Stipe Miocic's product-of-choice from the GovX catalog directly supporting Team RWB.

Key Points: 
  • GovX Gives Back also raised a portion of the funds through STIPE'S CORNER, with 5% of proceeds from MMA champ Stipe Miocic's product-of-choice from the GovX catalog directly supporting Team RWB.
  • The combined effort resulted in a record fundraising month for GovX Give Back.
  • "The funds raised will directly support our mission and strengthen our programs and chapters," said Mike Erwin, Executive Director of Team RWB.
  • "We're proud to once again support Team Red White & Blue," said Alan Cole, GovX CEO.

Red White & Bloom Provides Q3 2021 Financial Results: Revenue Increased $6 Million Over Q3 2020

Retrieved on: 
Tuesday, November 30, 2021
Time, Industry, LOI, Cannabis, Acquisition, Company, MRA, Compliance, Adult, CBD, Risk management, Tax, Rogers, Goal, RWB, Investment, Platinum, Q&A, Social media, HR, Growth, Investor relations, Commercial property, Sales, Property management, Renewable energy, Online shopping, Drug

As RWB integrates vertically in multiple states, we anticipate that our margins will dramatically increase, enabling us to move toward profitability.

Key Points: 
  • As RWB integrates vertically in multiple states, we anticipate that our margins will dramatically increase, enabling us to move toward profitability.
  • These Michigan facilities generated $93 million in revenue in 2020.
  • At this time, no investee revenue or expenses (other than expenses related to transaction costs) are included in the RWB financial results.
  • RWB projects first full year revenue of $50.8 million from the 30 pods and greenhouse in Apopka.

MiddleGround Capital Acquires Race Winning Brands, Its Third Fund II Platform in Two Weeks

Retrieved on: 
Tuesday, November 23, 2021
Professional Services, Automotive Manufacturing, Manufacturing, Finance, Other Manufacturing, Banking, Diamond, Industry, PROX, Kirkland & Ellis, Holley Performance Products, Powersports, Race, Original equipment manufacturer, Middleground, RWB, CV4, Research, Investment, Baker McKenzie, Culture, Limited, Mackenzie, Growth, Financial services, Race Winning Brands, MiddleGround Capital, RACE WINNING BRANDS, MIDDLEGROUND CAPITAL

Earlier this year MiddleGround Capital raised over a billion dollars for their second flagship fund and an overflow vehicle dedicated to the firms mobility strategy.

Key Points: 
  • Earlier this year MiddleGround Capital raised over a billion dollars for their second flagship fund and an overflow vehicle dedicated to the firms mobility strategy.
  • MiddleGround has written equity checks for platform investments from $19 million to $193 million.
  • Race Winning Brands is a leading designer, manufacturer, and distributor of branded automotive aftermarket and powersports aftermarket products for enthusiast and racing consumers.
  • Kirkland & Ellis served as legal counsel to Race Winning Brands and Baker & McKenzie provided legal counsel to MiddleGround Capital in the transaction.

Red White & Bloom Enters Phase 2 Florida Expansion: Installation of 30 Grow Pods

Retrieved on: 
Thursday, November 4, 2021
Commerce, Cannabis, OTCQX, Quality of life, USD, LinkedIn, HT, Mother, Industry, Milk, Biomass, Local government, Completeness, CSE, Patient, CBD, Time, Gwinnett Chamber of Commerce, Florida Trend, Company, Investment, Red White & Blue Beer, CEO, FL, RWB, Timeline of cannabis laws in the United States, THC, Plant, GM, GLOBE, Edible, Phosphorus, Drug

The plan is ahead of schedule with this weeks delivery of 30 modular grow pods to Red White & Bloom Florida LLC (RWBFL), a Red White & Bloom Brands subsidiary, at its Apopka, Florida cultivation location.

Key Points: 
  • The plan is ahead of schedule with this weeks delivery of 30 modular grow pods to Red White & Bloom Florida LLC (RWBFL), a Red White & Bloom Brands subsidiary, at its Apopka, Florida cultivation location.
  • Phase 2 started with the commissioning and OMMU approval of five pods that subsequently have been loaded and are growing plants.
  • Our Red White & Bloom Florida team has been on time, on target and under budget with the execution of every step of our aggressive three-phase development strategy for our two cultivation centers in Florida, stated Brad Rogers, CEO of Red White & Bloom.
  • The 30 pods will produce 10,000 pounds of high quality flower per year that will generate $30 million in additional revenue.

Mountain Valley MD Holdings Completes Licensing Agreement With Red White and Bloom Brands Inc.

Retrieved on: 
Tuesday, November 2, 2021
Sleep, Cannabis, Efficiency, Technology, Vaccine, USPTO, REC, Anxiety, Partnership, Agreement, Medicine, CSE, CBD, Weight loss, Consistency, Red White & Blue Beer, Patent, Company, Investment, Intention, CEO, RWB, News, Pain management, Commercial, GLOBE, Legislation, FRA, Pharmaceutical industry, Phosphorus, Carpet

Our partnership with Red White & Bloom illustrates how MVMDs technology can support product innovation objectives for our key partners across a variety of market verticals, stated Dennis Hancock, President and CEO of Mountain Valley MD.

Key Points: 
  • Our partnership with Red White & Bloom illustrates how MVMDs technology can support product innovation objectives for our key partners across a variety of market verticals, stated Dennis Hancock, President and CEO of Mountain Valley MD.
  • Providing our global partners with product efficacy advantages through our technology licensing strategy is core to business scale objectives.
  • ABOUT RED WHITE & BLOOM BRANDS INC.
    RWB is positioning itself to be one of the top three multi-state cannabis operators active in the US legal cannabis and hemp sector.
  • SOURCE: Mountain Valley MD Holdings Inc.
    Certain statements contained in this news release may constitute forward-looking information.

Red White & Bloom Completes Platinum Vape Management Transition, Reduces US$12.5 Million of Liabilities

Retrieved on: 
Monday, October 18, 2021
Cloud, Karma, PV, Baseball, Technology, Mission statement, Deloitte, CSE, Growth, Cannabis, Distillation, Moxie, Caesars Entertainment, Compliance, Business, Economics, Marshall School, Engineering, CBD, Rosevear, Isles of Scilly, USC Marshall School of Business, Marketing, Efficiency, LLC, Rogers, Accounting, Science, OTCQX, GLOBE, Investment, Â, Company, University, Electronic cigarette, HGH, RWB, Certified Public Accountant, Acquisition, Youth Challenge International (Canada), Scripps Research, Terpene, Security (finance), Renewable energy, Drug, Phosphorus

Rogers added, “We continue to strengthen our balance sheet with the elimination of any additional consideration payable related to the acquisition of PV, including elimination of the US$7.5 million earn-out payment -- currently booked as a liability on the balance sheet, which could have been up to US$25 million if certain sales milestones were met -- and redemption of the US$5 million of convertible debentures.”

Key Points: 
  • Platinum Vape experienced unprecedented growth over the last couple of years, and our acquisition of PV last year was a watershed event for RWB, stated Brad Rogers, Red White & Bloom CEO and Chairman.
  • We know how valuable each and every member of our company is to our continuing success, Rogers noted.
  • RWBs new management appointments include:
    Shea Alderete and Joaquin Rodriguez have been brought on board as Co-General Managers of RWB California day-to-day operations.
  • For more information about Red White & Bloom Brands Inc., please contact:

Mountain Valley MD Holdings Announces Letter of Intent with Red White and Bloom Brands Inc.

Retrieved on: 
Wednesday, September 29, 2021
THC, Patent, Sleep, RBC, News, Partnership, Weight loss, CBD, Vaccine, Efficiency, Â, Pain management, Intention, CSE, USPTO, LOI, Letter, FRA, CEO, RWB, Company, Legislation, Growth, Agreement, White Water, White Bloom, Technology, Commercial, Cannabis, Research, Red White & Blue Beer, Investment, Anxiety, GLOBE, Drug, Pharmaceutical industry, Phosphorus, Extrusion

Mountain Valley and RWB anticipate completing a Product Development and Commercial Licensing Agreement (the Agreement) before the end of October, 2021.

Key Points: 
  • Mountain Valley and RWB anticipate completing a Product Development and Commercial Licensing Agreement (the Agreement) before the end of October, 2021.
  • It is an honour to work with Brad Rogers and his team at Red White & Bloom given their impressive visionary work across the US cannabis landscape, stated Dennis Hancock, President & CEO of Mountain Valley MD.
  • This partnership with Red White & Bloom is intended to showcase our technology and its novel value proposition into the U.S. cannabis market.
  • SOURCE: Mountain Valley MD Holdings Inc.
    Certain statements contained in this news release may constitute forward-looking information.

Canadian Securities Exchange Reports August 2021 Performance, Including Strong Financing Figures

Retrieved on: 
Wednesday, September 15, 2021
Business, RWB, PKK, Girls Venture Corps Air Cadets, BHSC, Chief executive officer, Graphic Exchange Magazine, CSE, Canadian Securities Exchange, Cresco Labs, Time, Cryptocurrency, Security (finance)

Toronto, Ontario--(Newsfile Corp. - September 15, 2021) - The Canadian Securities Exchange ("CSE" or "the Exchange") today announced its market statistics for the month of August 2021, which was highlighted by large financings in the cannabis and mining sectors.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 15, 2021) - The Canadian Securities Exchange ("CSE" or "the Exchange") today announced its market statistics for the month of August 2021, which was highlighted by large financings in the cannabis and mining sectors.
  • "The Canadian Securities Exchange had another solid month of trading and financing activity in August, despite being in the seasonally slow summer period," said Richard Carleton, CSE Chief Executive Officer.
  • "In fact, our issuers raised more aggregate capital in August than in all but two other months in 2021.
  • The inaugural issue of Canadian Securities Exchange Magazine has been published.

Red White & Bloom Brands Reports Q2 2021

Retrieved on: 
Tuesday, August 31, 2021
Company, LLC, Timeline of cannabis laws in the United States, PV, CSE, Growth, Acquisition, Conversation, Florida Department of Health, GLOBE, OTCQX, Chief executive officer, SF, The Acreage, Florida, Q3, RWB, Credit, Investment, IFRS, CBD, Line of credit, Cannabis, Medical cannabis, CEO, Animal, Drug, Phosphorus

TORONTO, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF) (“RWB” or the “Company”), a multi-state cannabis operator and house of premium brands, is pleased to report select second quarter (Q2, 2021) financial results and subsequent events. The Company will be filing its Q2 2021 financial statements and related Management's Discussion and Analysis (“MD&A”) today.

Key Points: 
  • TORONTO, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. ( CSE: RWB and OTCQX: RWBYF ) (RWB or the Company), a multi-state cannabis operator and house of premium brands, is pleased to report select second quarter (Q2, 2021) financial results and subsequent events.
  • The Company will be filing its Q2 2021 financial statements and related Management's Discussion and Analysis (MD&A) today.
  • Revenue for Q2, 2021 was $13.3 million compared to $11.8 million in Q1, 2021, an increase of 13% vs Q1, 2021.
  • For more information about Red White & Bloom Brands Inc., please contact: