High times ahead
High times ahead for this money-spinning cannabis stock!
2020 turned out to be a mixed year for Cannabis stocks. The pandemic generally raised demand, but lockdowns hampered supply chains and Cannabis legalization efforts were paused in multiple US states. Times proved tough for many of these stocks, but by year's end, the industry was back in the sun, setting 2021 off to a bright and hopeful start.
With the green revolution taking hold, investing in cannabis stocks may prove to be an insanely lucrative pastime. It’s a new dawn for the sector and a very exciting time for investors.
One such early-doors stock with exponential potential is Red White and Bloom Brands (CSE:RWB | OTC:RWBYF). Its management team built this impressive business in 2020 when cannabis stocks were being avoided like the plague.
Red White and Bloom excelled at deal making during a time when many were scared of expanding in the industry. But now there's presidential support for the sector, medicinal cannabis is going mainstream and the good times roll on.
The company now has the world’s most iconic cannabis brand on its books, along with another major up and comer in the marijuana space.
Read on to discover why this is a money-spinning cannabis stock in the making.
A wealth of experience leads the way
Red White and Bloom has its finger on the pulse of much bigger things to come. CEO Brad Rogers has an exemplary history in M&A deals and bringing wealth to shareholders in the cannabis sector. Therefore, with a clear goal in sight, he’s in the perfect position to utilise his previous knowledge to execute an ambitious plan with precision. And along with his highly experienced team, they’re not afraid to play ball with the big boys.
Rogers has been through the trials of the cannabis space and knows the pitfalls to steer clear of. He's also been able to hone a “secret weapon” of a roadmap to riches. That's why any savvy investor in the marijuana space won’t want to miss the chance to jump aboard this weed wagon.
The one key factor leveraging the onslaught of future wealth is licensing. It can effectively appreciate a much higher flow-through from income to investor pockets, than simply owning a single own-label brand. And it's with this in mind Red White and Bloom has taken aim at the best brand in the business.
For a deep dive into how Red White & Bloom could be one of the US cannabis boom’s biggest winners, DOWNLOAD OUR EXCLUSIVE REPORT
High Times ahead
High Times is undoubtedly the world’s most iconic cannabis brand. Sporting a 46-year history, it’s got nothing to prove but plenty to offer. Which is exactly why Red White and Bloom leapt at the chance to license the High Times brand.
The company is thrilled to be partnering with High Times because it allows Red White and Bloom to roll-out merchandise and products to key locations at high-speed.
Licensing this instantly recognisable brand gives Red White and Bloom a serious edge on its bigger rivals in the space. You can’t get much better than a 46-year-old brand in a relatively new space. This is the ultimate industry veteran with the knowledge, education and expertise honed by being utterly immersed in decades of cannabis culture.
It simply doesn’t get any bigger than High Times. And through this agreement Red White and Bloom can bring a range of exciting brand initiatives into its own budding house of brands.
With safety, efficacy, and quality at the forefront of its strategy, High Times has some fantastic product lines to bring under the Red White and Bloom umbrella.
This allows the company to leverage brand equity beyond anything newcomers to the scene could ever hope to achieve. It’s quite simply THE BIGGEST brand in the Cannabis space.
Partnering with such an instantly recognisable brand may well prove to be the defining moment of Red White and Bloom’s growth strategy.
But there’s so much more to look forward to and reasons to invest in this up-and-coming sector star.
Along with licensing High Times, Red White and Bloom bought 100% of Platinum Vape. This brand already had a strong foothold in Oklahoma and a significant deal in place in Arizona through a multi-state operator. Thus, helping Platinum Vape grow its footprint in a brief space of time. So much so that it’s now one of the biggest vape companies in America.
It has a great story behind the brand, which is something consumers love. What began as a father/son operation has grown through hard work, dedication, and a commitment to price, quality and convenience. These are all a brand needs to thrive in the competitive cannabis arena, and it’s right at the heart of Red White and Bloom’s core values and vision too.
Ultimately, this has led Platinum Vape to become a key player in its Michigan footprint, which is expected to grow rapidly through Red White and Bloom’s additional territories. In fact, Platinum Vape revenues have doubled since being taken over by Red White and Bloom.
An M&A game plan
There’s no doubt, Red White and Bloom has shareholder value in mind when letting loose with these two first class brands and their existing loyal following.
It’s giving the company a solid foundation and helping it kick off on the right foot. Ultimately targeting an immediate audience of two key demographics.
To see the sense in this strategy, let's consider the alcohol arena.
Diageo is a highflyer in the world of alcoholic beverages because it carries so many top-quality brands under one roof. For instance, there’s Johnnie Walker, Smirnoff, and Baileys. Each of these appeals to a different demographic, but together they create a powerhouse of wealth for shareholders.
Or Brown-Forman with Jack Daniels, Herradura, and Chambord. Same idea, different brands.
Red White and Bloom understands the beauty and money-spinning potential of this game plan. That's why it's aiming to replicate it in the cannabis space.