Red White & Bloom Announces Date for Resumption of Trading on the CSE, Confirms Share Consolidation
June 05 2020 - 11:59AM
Red White & Bloom Brands Inc. (CSE: RWB) (OTC: TDRYD)
(“
RWB” or the “
Company”,
formerly, Tidal Royalty Corp.) announces that further to our news
release dated June 3, 2020, the common shares of the Company will
resume trading on the Canadian Securities Exchange
(“
CSE”) at the open of trading on June 5, 2020 on
a post consolidated basis of 16:1.
About Red White & Bloom Brands
Inc.
The Company is an investment company that is
positioning itself to be one of the top three multi-state cannabis
operators active in the U.S. legal cannabis and hemp sector. It is
anticipated that RWB will predominately focus its investments on
major markets in the United States, including Michigan, California,
Illinois, Massachusetts and Florida in respect to cannabis and the
entire US for legal hemp CBD based products.
For more information about Red White & Bloom
Brands Inc., please contact:
Tyler Troup, Managing
DirectorCircadian Group IRIR@RedWhiteBloom.com
Visit us on the web: www.RedWhiteBloom.com
Follow us on social media:
Twitter: @rwbbrandsFacebook: @redwhitebloombrandsInstagram:
@redwhitebloombrands
Neither the CSE nor its Regulation Services
Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this
release.
FORWARD LOOKING INFORMATION
This press release contains forward-looking
statements and information that are based on the beliefs of
management and reflect the Company’s current expectations.
When used in this press release, the words “estimate”, “project”,
“belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”,
“may” or “should” and the negative of these words or such
variations thereon or comparable terminology are intended to
identify forward-looking statements and information. The
forward-looking statements and information in this press release
includes information relating to the implementation of Red White
& Bloom’s business plan. Such statements and information
reflect the current view of the Company with respect to risks and
uncertainties that may cause actual results to differ materially
from those contemplated in those forward-looking statements and
information.
By their nature, forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or
other future events, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among
others, the following risks: risks associated with the
implementation of Red White & Bloom’s business plan and matters
relating thereto, risks associated with the cannabis industry,
competition, regulatory change, the need for additional financing,
reliance on key personnel, the potential for conflicts of interest
among certain officers or directors, and the volatility of the
Company’s common share price and volume. Forward-looking
statements are made based on management’s beliefs, estimates and
opinions on the date that statements are made and the Company
undertakes no obligation to update forward-looking statements if
these beliefs, estimates and opinions or other circumstances should
change. Investors are cautioned against attributing undue
certainty to forward-looking statements.
There are a number of important factors that
could cause the Company’s actual results to differ materially from
those indicated or implied by forward-looking statements and
information. Such factors include, among others, risks
related to Red White & Bloom’s proposed business, such as
failure of the business strategy and government regulation; risks
related to Red White & Bloom’s operations, such as additional
financing requirements and access to capital, reliance on key and
qualified personnel, insurance, competition, intellectual property
and reliable supply chains; risks related to Red White & Bloom
and its business generally. The Company cautions that the foregoing
list of material factors is not exhaustive. When relying on the
Company’s forward-looking statements and information to make
decisions, investors and others should carefully consider the
foregoing factors and other uncertainties and potential
events. The Company has assumed a certain progression, which
may not be realized. It has also assumed that the material
factors referred to in the previous paragraph will not cause such
forward-looking statements and information to differ materially
from actual results or events. However, the list of these
factors is not exhaustive and is subject to change and there can be
no assurance that such assumptions will reflect the actual outcome
of such items or factors. While the Company may elect to, it
does not undertake to update this information at any particular
time.
THE FORWARD-LOOKING INFORMATION CONTAINED IN
THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF
THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO
CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE
IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON
THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY
ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY
PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE
LAWS.
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