Red White & Bloom Brands, Inc. (TSE:RWB) has released an update.
Red White & Bloom Brands, Inc. has announced positive fiscal results for 2023, showcasing a significant 30% increase in gross profit and a rise in adjusted EBITDA. The company has successfully executed a strategic shift towards higher margin products and has completed the acquisition of Aleafia, expanding its North American presence. Looking ahead, RWB aims to restructure its financing and focus on profitable growth while eyeing opportunities in new markets like Florida.
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