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COSTA MESA, CA, Dec. 27, 2022 (GLOBE NEWSWIRE) -- Rodedawg International Industries, Inc. (OTC: RWGI) provides 2022 calendar year-end shareholder update arsenic the institution continues to turn and grow successful merchandise and work offerings. Chris Swartz, CEO of Rodedawg Intl. Ind., states “We are pleased to denote to our shareholders the advancement and enlargement of the institution to presumption Rodedawg arsenic a marketplace person for creating and launching profitable cannabis brands, providing absorption services to licensed cannabis operators done California, and advancement with our audit. We are focused to gathering a multi-million-dollar dispensary cognition and absorption institution successful the $6 billion-dollar California cannabis market. We person started with our exemplary of entering absorption contracts with licensed facilities, assessing existent valuation, and yet acquiring the existent property and/or organisation centers they whitethorn own. We volition absorption lone connected contiguous oregon near-term gross producing opportunities.”
Chris Swartz, CEO, adds, “We person a completed 2022 with completion of a large milestones connected our roadworthy representation to achieving a minimum $5mm+ successful revenues successful 1st year of operation. The acquisition of our archetypal gross generating cannabis brand, Tree Moguls (Tree Moguls - A Higher Class). which includes Augmented Reality (AR) and Virtual Reality (VR) embedded branding for the Tree Moguls™ brand, arsenic good arsenic the manufacturing and organisation scope wrong established accounts successful Los Angeles County.We are besides pleased to announce, that we signed a Southern California installation successful which Rodedawg volition negociate a licensed cannabis dispensary and distributor. We judge the installation volition make implicit $5 cardinal dollars successful the archetypal twelvemonth of our absorption and is the astir apt campaigner for acquisition” continued Swartz.
Additionally, Company enactment has completed started the pursuing goals and occurrence milestones:
- PCOAB Audit to beryllium completed during January 2023
- Submit the petition to OTC Markets to region Shell Status with Year End Disclosure
- Create further products and brands that tin beryllium marketed done the licensed dispensaries the Company manages.
- Negotiations to grow our absorption contracts to see astatine slightest 1 much licensed dispensary and 1 much organisation installation earlier twelvemonth end.
- Cancellation of implicit 85 cardinal communal shares.
- Identify Funding Partner for Debt Structure to get licensed installation specified that indebtedness instrumentality tin beryllium repaid from the facilities we manage
- In the coming days, the institution volition record September 30th, 2022 Year End Disclosures and volition petition Shell Status to beryllium removed.”
Success Milestones for 2023:
- Complete Acquisition of a existent property and/or Licensed California dispensary and/or organisation halfway specified that Rodedawg becomes a afloat licensed cannabis corporation.
- Prepare for Uplisting
- Expand Product and marque improvement which pb to 4th implicit 4th gross growth
Mr. Swartz states, “During the adjacent six months, we volition stay focused to the accomplishment of our occurrence milestones and processing expanded shareholder value. We expect that with our efforts for enlargement of brands with contiguous revenues, continued enactment connected cancellation of implicit 85 cardinal shares, and enlargement of absorption contracts that grow our revenues which successful crook pb to acquisitions, we tin confidently and steadfastly person Rodedawg go a recognized profitable cannabis licensed operation. We privation our shareholders to beryllium capable to spot the advancement and successes visibly with close and ongoing reporting backmost to the shareholders. Our program from the opening has been positioning the Company for important maturation starring to OTCQB uplisting. In the coming days and weeks, our shareholders volition beryllium seeing the growth.Finally, our squad wants to reiterate, that nary reverse divided is planned arsenic we turn the Company.”
About Rodedawg International Industries, Inc.
Rodedawg International Industries, Inc. (OTC: RWGI) is focused connected providing absorption services, acquisitions and restructuring resources passim the regulated California cannabis market. We are a trusted spouse and plus to licensed cultivation, distributors, manufacturers, and retail dispensaries.
Please enactment the institution Twitter code is https://twitter.com/RWGImerger for regular updates.
About Budding Horizon, LLC
Budding Horizon, LLC is simply a California Limited Liability Company with offices successful Orange County, California. The institution is focused to providing absorption services for the licensed cannabis manufacture and seeks to leverage its expertise successful the existent property acquisitions to get and make a portfolio of assets.
The institution website is https://buddinghorizon.com/
About Tree Moguls™
Tree Moguls™ established successful aboriginal 2020 has rapidly go a premium cannabis manner brand. The institution has developed its ain premium packaging brands and manner clothing.
The company’s website is www.treemoguls.com
Tree Moguls™ societal media accounts tin beryllium recovered at:
Cannabis Products: https://www.instagram.com/treemogulscanna/
Lifestyle Clothing: https://www.instagram.com/treemoguls/
Tree Moguls Twitter Account: https://twitter.com/Treemoguls
Contact Information:
Rodedawg International Industries, Inc.
1-800-793-0355
ir@RWGIMerger.com
Safe Harbor Statement: In summation to humanities information, this property merchandise whitethorn incorporate statements that represent forward-looking statements wrong the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, arsenic amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained successful this property merchandise see the intent, belief, oregon expectations of the Company and members of its absorption squad with respect to the Company's aboriginal concern operations and the assumptions upon which specified statements are based. Prospective investors are cautioned that immoderate specified forward-looking statements are not guarantees of aboriginal performance, and impact risks and uncertainties, and that existent results whitethorn disagree materially from those contemplated by specified forward-looking statements. Factors that could origin these differences include, but are not constricted to, nonaccomplishment to implicit anticipated income nether negotiations, deficiency of gross growth, lawsuit discontinuances, nonaccomplishment to recognize improvements successful performance, ratio and profitability, and adverse developments with respect to litigation oregon accrued litigation costs, the cognition oregon show of the Company's concern units oregon the marketplace terms of its communal stock. Additional factors that would origin existent results to disagree materially from those contemplated wrong this property merchandise tin besides beryllium recovered connected the Company's website. The Company disclaims immoderate work to update immoderate forward-looking statements.
SOURCE: Rodedawg International Industries, Inc.
- Rodedawg International Industries, Inc. (OTC: RWGI) Provides Shareholder Updates
- Rodedawg International Industries, Inc. (OTC: RWGI) Provides Shareholder Updates
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