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In Addition to Acquiring All of Acreage Holdings’ Florida Operations, RWB Also Acquired Certain Owned and Leased Real Estate Assets Used in Acreage Florida’s Operations
Red White & Bloom (CSE: RWB) (OTCQX: RWBYF) announced that the company has closed the acquisition of Acreage Florida from Acreage Holdings (CSE: ACRG.A.U) (OTCQX: ACRGF) (FRA: 0VZ). The deal, which was originally announced via press release on February 25, 2021, sees RWB’s new subsidiary, RWB Florida LLC, officially take control of all of Acreage Florida’s issued and outstanding shares from Acreage Holdings’ subsidiary High Street Capital Partners, LLC.
Stang Says He Lived Through the “Tipping Point” With Cannabis and Something Similar is Happening With Psychedelics
In 2010, Matt Stang was facing the possibility of spending the rest of his life in prison. An advertising executive at High Times, the 47-year-old monthly magazine and cannabis brand, Stang was arrested in a nationwide federal drug probe dubbed Operation Green Venom. More than 50 people were charged, including Roc-a-Fella Records co-founder Kareem Burke, who helped launch the career of Jay-Z, in what was alleged to be a multimillion-dollar cannabis trafficking ring.