Rodedawg International Industries Inc (RWGI)

[Beano1969]

Costa Mesa, CA, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Rodedawg International Industries, Inc. (OTC: RWGI) proudly announces the Company, through our wholly owned subsidiary, Parabola Mgmt. LLC, has completed and submitted the application as a licensed California cannabis distributor in Coachella, California. Chris Swartz, CEO, states “We are proud to inform our shareholders that we have been making noteworthy progress toward having our licensed cannabis distribution center become an integral revenue generating operating unit of Rodedawg. As per licensing requirements, the Company paid for insurance and bonding, built fencing, installed electricity, and installed security cameras. Our recent acquisition of Parabola Mgmt., LLC coupled with this completed application has the company be on track with its first quarter 2024 milestones as per the Company roadmap. We will continue to keep shareholders apprised of the progress as this new facility will expand the revenues of the Company. We are confident that our strategically planned roadmap of expansion via acquisitions and mergers will increase 2024 revenues to meet and potentially exceed our stated goal of 7 million annually”.