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"Those assets when coupled with the significant market share of our Platinum brands, makes us a significant player in Michigan — and we’re actually just getting started," commented Brad Rogers , RWB Chairman and CEO, in a recent news release. The company added that it remains active in looking for new acquisitions, is expanding its cultivation footprint in Florida and plans to have new Florida retail stores open during 2H 2021 as well.
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C$32 Million in Sales and "Just Getting Started"
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Cumulatively across the states, the company owns, or has agreements for, licenses (cultivation, processor and distribution), millions of square feet of cultivation space for CBD (cannabidiol) and cannabis, and dispensaries (either open or leases that will be retail locations), in addition to distribution networks that have their popular brands in 700+ dispensaries.
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RWB is staring down a long list of catalysts, many of which are centered on its core markets of Michigan and Illinois . Michigan is the fastest-growing cannabis market in the country, with sales topping $1 billion less than one year after legal recreational marijuana sales started in 2019.
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