Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) has announced that its CEO and chairman will be appearing on “NY Street Soldiers — The Business of Legal Marijuana,” a television segment airing on Fox 5 New York. The show is scheduled for broadcast on Friday, April 16, 2021, at 10:31 PM ET. The segment will also be rebroadcast at other times and is available for viewing online. In addition, the company announced a special meeting for the holders of common shares and Series 2 convertible preferred shares and a class meeting of the holders of the Series 2 convertible preferred shares. The meeting is scheduled for May 20, 2021. The company observed that agenda items for the meeting would include a request for approval of a special resolution authorizing the company to alter the articles of the company to change the conversion date of the Series 2 convertible preferred shares. The conversion would entitle each Series 2 shareholder to convert any whole number of Series 2 convertible preferred shares into validly issued, fully paid and nonassessable common shares on any business day Oct. 24, 2021. The announcement also observed RWB board of directors feels that the holders of common shares and the holders of the Series 2 convertible preferred shares, as well as the company as a whole, will benefit from the proposed change because it give the company additional time to increase investor awareness. The announcement noted that all common shareholders and Series 2 convertible preferred shareholders as of April 15, 2021, would be entitled to vote at the meeting and that, in order for the resolution to pass, that a required two-thirds of the votes cast must be in favor of the change.
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About Red White & Bloom Brands Inc.
Red White & Bloom Brands is positioning itself to be one of the top-three, multistate cannabis operators active in the U.S. legal cannabis and hemp sector. RWB is predominantly focusing its investments on major U.S. markets, including Florida, Illinois, California, Michigan, Oklahoma and Arizona with respect to cannabis, as well as the United States and internationally for hemp-based CBD products. For more information about the company, please visit www.RedWhiteBloom.com.
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