Florida has one of the most robust medical markets in the US with cannabis revenue of over US$1.2 billion in 20201-
- Limited License State with 22 licensed operators, of which only 16 are selling product in the state -
- Acquisition includes 8 leased locations and ownership of 113,000 square feet facility for cultivation and processing situated on 15 acres of land -
- Once closed, and coupled with current pending acqusitions2, RWB will be operating in, or have brands available in, 6 of the top 10 states in the US measured by cannabis revenue with sales in 2020 exceeding $8.8B.
