Red White & Bloom Buys Cannabis Conglomerate Platinum Vape For $35M

Red White & Bloom Brands (CSE: RWB) (OTC: RWBYF) has agreed to acquire Platinum Vape for $35 million.

This is RWB’s first acquisition since the company’s initial public offering.

According to the press release, the acquisition includes a $7 million cash payment at closing, $13 million within 120 days and $15 million in 12-month convertible notes.

The deal is expected to close …

Full story available on Benzinga.com

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