InvestorNewsBreaks — Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) Closes on Aleafia Acquisition, Transitions to International Cannabis Company
Red White & Bloom (CSE: RWB) (OTC: RWBYF), a multistate cannabis operator and house of premium brands, has successfully closed on its previously announced acquisition of the Aleafia group of companies. According to the announcement, the combined companies are projected to generate C$140 million in distribution and retail annualized revenues across North American and international sales channels, with realized annualized operating cost and cash synergies totaling…