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Red White & Bloom introduces Platinum VapeLiveResin, Michigan. CanadianBusinessJournal

  • PV Live Resin will soon be shipped to nearly 400 Michigan pharmacies and will be available at all Michigan pharmacies.
  • The line expansion to the profitable LiveResin Vapes marks the first new platinum brand product in Michigan, going beyond the very popular distillate vapor-breathing products.
  • Raw resin sales in the U.S. have increased by 86% since 2020

Toronto and Detroit, March 31, 2022 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or “Company”) Michigan cannabis operators and premium brand homes, and RWB Michigan, a wholly owned subsidiary of LLC, announced the debut of Platinum Vape ™ (PV) Live Resin in Michigan. Previously available only in California and Oklahoma, PV Live Resin will soon be available at nearly 400 Michigan pharmacies that currently carry platinum products. PV Live Resin gives consumers a compact product with multiple consumption options packed with over 80 cannabinoids that synergize to achieve all the benefits of flowers and the unique therapeutic quality of plants. Offers.

“As promised, the Red White & Bloom team is steadily introducing new products and consumption options to meet consumer demand in the fast-growing cannabis market in Michigan,” said Red White & Bloom’s Chairman and CEO. One Brad Rogers said. “In the United States, Greentank reports that raw resin sales have increased by 86% since 2020.1.. This is just the tip of the iceberg of raw resin opportunities, as so many new cannabis consumers are completely unfamiliar with cannabis, learn more about cannabis, and migrate to it when they discover many of the benefits of cannabis. believe. “

PV Live Resin captures and stores the trichomes and terpenes of RWB’s premium cannabis strains, providing a rich flavor profile and a highly potent experience for maximum enjoyment. RWB expects PV Live Resin to be very popular with customers because it knows and trusts the PV brand, and PV is new to enjoy the full aide effect of pure, high quality cannabis. Understand that it provides a convenient and economical way.

Rogers said: “The newly acquired cultivation, manufacturing and distribution center in Michigan streamlines the entire seed-to-sales process and accelerates the timeline for new product development and market launch. Already including a new live resin line. We are starting to expand sales of PV brand products. Our PV line is currently shipped in nearly 400 of the more than 460 clinics in Michigan. “

Most often recognized as the leading award-winning vape brand, RWB’s expanded Platinum Vape portfolio has proven to be extremely popular in California and elsewhere. Includes chocolate and premium cannabis flowers. The PV brand is very strong in Michigan, ArcView / Greentank’s 2021Q3 Industry Vape Report names Platinum Vape the number one brand vape cartridge in Michigan, LeafLink names it the largest brand in Michigan, and the thrillist “Best of 2020”. I’m getting edible. He won the award for freshly baked apple pie gummy and won second place in the Farmers Cup at the Raspberry Cheesecake Chocolate Bar.

Michigan Cannabis Market Growth
Michigan’s cannabis market is growing faster than expected, making it an ideal environment for expanding the RWB brand. Total sales of cannabis in Michigan in 2021 was $ 1.79 billion2 As reported by MJ Biz Daily, he states: Total medical and recreational marijuana product sales in Michigan reached $ 168 million in December 2021, slightly below the $ 171 million monthly sales set in July. rice field. Michigan’s growth has been largely driven by entertainment sales. Monthly sales doubled from January 2021 and December sales exceeded $ 135 million. ” 3

1 Green Tank North American Ark Market 2021 Review. https://www.greentanktech.com/offer/industry-vape-report-2021/
2 Marijuana Moment https://www.marijuanamoment.net/michigan-breaks-another-marijuana-sales-record-for-december-state-officials-say/
3 MJ Biz Daily https://mjbizdaily.com/michigan-recreational-marijuana-sales-double-in-2021-lifting-overall-market/

About Red White & Bloom Brands Inc.
Red White & Bloom is a multi-state cannabis operator and premium brand home in the legal cannabis and hemp sector of the United States. RWB is primarily investing in major US markets for cannabis, including Arizona, California, Florida, Illinois, Oklahoma and Michigan, and investing in hemp-based CBD products in the United States and internationally.Visit the website: Follow RWB on www.RedWhiteBloom.com or on social media:
Twitter: @rwbbrands;
Facebook: @redwhitebloombrands;
Instagram: @redwhitebloombrands.

contact address:
For more information about Red White & Bloom Brands Inc., please contact:
Tyler Troup, Managing DirectorCircadian Group IR, IR @ RedWhiteBloom.com

Neither CSE nor its regulatory service provider (the term is defined in CSE’s policy) is responsible for the validity or accuracy of this release.

Information about future prospects
This press release is based on management beliefs and contains forward-looking statements and information that reflect our current expectations. When used in this press release, “estimate,” “plan,” “belief,” “expect,” “intend,” “expect,” “plan,” “predict,” and “may.” The words “can’t” or “should” and the denials or such variants or equivalents of these words are intended to identify forward-looking statements and information. There is no guarantee that these transactions will deliver results that meet management expectations. Such statements and information reflect our current views on risks and uncertainties in which actual results may differ materially from those envisioned in these forward-looking statements and information. ..

By its nature, forward-looking statements include known and unknown risks, uncertainties, and other factors, expressed by actual results, performance, outcomes, or other future events. Or it may differ materially from the implied future results, performance, or outcomes. A statement about such a future outlook. Such factors include, among other things, the risks associated with the implementation of our business plans and related matters, the risks associated with the cannabis industry, competition, regulatory changes, and additional financing. Necessity, dependence on key personnel, market size, and volatility in the price and quantity of our common stock. Forward-looking statements are based on management’s beliefs, estimates and opinions, and we are obliged to update our forward-looking statements if these beliefs, estimates and opinions or other circumstances change. Shall not bear. Investors are warned of giving undue certainty to forward-looking statements.

There are several important factors that can cause our actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among other things, the risks associated with the businesses we propose, such as business strategy failures and government regulations. Risks associated with our business, such as additional funding requirements and access to capital, reliance on key qualified personnel, insurance, competition, intellectual property and a trusted supply chain. Risks related to us and our business in general. Risks associated with regulatory approval. We warn that the list of key elements above is not exhaustive. Investors and others should carefully consider the factors mentioned above and other uncertainties and potential events when making decisions based on our forward-looking statements and information. We anticipate some progress, but it may not happen. We also assume that the significant factors mentioned in the previous section will not significantly differ from actual results or events in such forward-looking statements or information. However, the list of these factors is not exhaustive and is subject to change, and there is no guarantee that such assumptions will reflect the actual results of such items or factors. We may choose, but we do not promise to update this information at any particular time.

The forward-looking information contained in this press release represents our expectations as of the date of this press release and is therefore subject to change after that date. Readers should not overemphasize information about future prospects and should not rely on this information as of any other date. The company may choose, but does not promise to update this information at any particular time unless required by applicable law.

Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/57c7207d-237d-499b-b4f1-646340300cc9.


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Red White & Bloom introduces Platinum VapeLiveResin, Michigan. CanadianBusinessJournal

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