Page 33 - South Florida Hospital News Nov 2021

AROUND THE REGION
TM

RWB Launches Phase 1 of Cultivation Expansion

in $1.3 Billion Florida Market

Red White & Bloom Brands Inc. has the site received regulatory approval to Florida plans with the activation of Florida project from the highly-talent-
initiated phase one of an aggressive commence operations on Sept. 29, thirty 16’ x 40’ customized, self-con- ed local labor market.
three-phase development strategy for 2021. In anticipation of receiving the tained growing pods. With a targeted “We brought this site into production
its two cultivation centers in Florida to cultivation license, RWBFL had pre- Q4 launch, the pods are anticipated to ahead of forecast and ahead of budget
ensure the Company produces suffi- pared mother stock in advance, and yield almost 10,000 pounds of dried and I’m very proud of our Florida
cient inventory for the existing and sev- these plants arrived at the greenhouse flower per year representing a current team,” said Brad Rogers, CEO of Red
eral new dispensary openings planned the morning of Sept 30, 2021. medical market value of USD White & Bloom. “Despite being rela-
for the first quarter 2022. Red White & The flower production in the initial $30,000,000. Phase three of the tively new players in the Florida mar-
Bloom Florida LLC, a Red White & Apopka licensed area is capable of pro- Company’s initial launch in the State ket, I feel we have the most talented
Bloom Brands subsidiary, acquired a ducing 85 g per plant, with projected will be the activation of the 113,000 sq. team of PhDs and horticulturalists, and
45,000 sq. ft. greenhouse with 4.7 acres annual revenue from this area is in ft. indoor grow facility in Sanderson, an incredible grow infrastructure to
in Apopka, Florida in July 2021. Phase excess of USD $10,000,000 and opera- Florida. Projecting a Q4 2021 harvest bring the highest quality products, rich
one of the company’s initial plans for tions having commenced on Sept 30, schedule in the Apopka facility, the in terpenes and cannabinoid content, to
cultivation in Florida, the build-out of 2021. Additionally, the newly designed company has added additional cultiva- some of the best retail locations in the
Apopka, is now complete. In addition, grow will supply phase two of the tion specialists specifically for the state starting in Q1 2022.”

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Cannabis News Florida cannabisnewsflorida.com November 2021 33