Announcement • Jul 15
M&V Investment One LLC completed the acquisition of RWB Florida LLC and Florida Cannabis Operations of Red White & Bloom Brands Inc. M&V Investment One LLC entered into a binding letter of intent to acquire RWB Florida LLC and Florida Cannabis Operations of Red White & Bloom Brands Inc. on March 12, 2026. The proposed transaction is structured around the following principal components: (i) the extension by M&V of a revolving senior secured credit facility of up to $1.5 million to RWB Florida for operational funding purposes, bearing interest at 12% per annum and secured by a first-priority lien on all equity and assets of RWB Florida; (ii) the acquisition by M&V from RGR of all debt instruments and related security interests held in respect of RWB Florida, including a senior secured promissory note held by RGR, together with all intercompany debt instruments held by Red White & Bloom Brands Inc. and its affiliates; (iii) the transfer by Red White & Bloom Brands Inc. of all equity interests in RWB Florida to M&V, with equity transfer documentation to be held in escrow pending regulatory approval from the Florida Office of Medical Marijuana Use to the extent such approval has not been obtained by the closing date; and (iv) a transitional brand license agreement permitting RWB Florida to continue use of Red White & Bloom Brands Inc.'s brand portfolio through December 31, 2026, with royalties payable at 5% of applicable revenues, subject to a minimum monthly royalty of $25,000.
The transaction is subject to approval by regulatory board / committee.
M&V Investment One LLC completed the acquisition of RWB Florida LLC and Florida Cannabis Operations of Red White & Bloom Brands Inc. on July 14, 2026. The OMMU has granted regulatory approval of the change of control as it relates to the licensed RWB Florida operations. Following the transaction, RWB will focus its capital and management resources on organic growth, brand licensing, and the acquisition of existing scaled businesses, while continuing the integration of the recently acquired Ayurcann business. Reported Earnings • Jun 03
First quarter 2026 earnings released: CA$0.027 loss per share (vs CA$0.021 loss in 1Q 2025) First quarter 2026 results: CA$0.027 loss per share (further deteriorated from CA$0.021 loss in 1Q 2025). Revenue: CA$13.9m (down 27% from 1Q 2025). Net loss: CA$12.7m (loss widened 30% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • May 26
Red White & Bloom Brands Inc., Annual General Meeting, Jul 31, 2026 Red White & Bloom Brands Inc., Annual General Meeting, Jul 31, 2026.