Red White & Bloom Appoints CNBC Market Analyst Steven Grasso as Business Advisor
July 16 2020 - 11:29AM
Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF)
(“
RWB” or the “
Company”) is
pleased to announce that it has appointed Steven Grasso as Business
Advisor to the Company.
Steven Grasso began his career on the floor of
the New York Stock Exchange in 1993. He joined Stuart Frankel &
Co. as an institutional sales trader in 1999. As Director of
Institutional Sales for Stuart Frankel & Co., Steven has worked
closely with some of the largest mutual funds, pension funds,
insurance companies, and hedge funds in the world directly from the
floor of the Stock Exchange. Over his 27-year career, Steven has
actively participated in various Stock Exchange committees ranging
from allocating new listings to designated market makers to
developing standardized tests that the floor community uses for
continuing education. Steven closely follows the Washington
D.C./Markets connection, using his extensive Capitol Hill and SEC
relationships to better inform his clients on policy changes and
regulation.
Steven is perhaps best known for being a CNBC
market analyst and is a regular on CNBC’s popular “Fast Money”
show, which airs daily during the business week and has an average
daily viewership that currently exceeds 250,000. Mr. Grasso also
speaks at many traders’ conferences across the country on a regular
basis, as well as business round tables with many influential
leaders of industry where he addresses a broad range of market
related issues, including the effects of regulation and the
political process on equities.
“Steve has been assisting the company for some
time and we are pleased that he has agreed to take an expanded role
as a business advisor,” stated Brad Rogers, CEO of RWB. “We believe
Mr. Grasso’s significant experience in the financial markets
coupled with his relationships in the Healthcare and Life Sciences
industries will be a great asset to us as we move forward with our
expansion plans in the US."
About Red White & Bloom Brands
Inc.
The Company is positioning itself to be one of
the top three multi-state cannabis operators active in the U.S.
legal cannabis and hemp sector. RWB is predominately focusing its
investments on the major US markets, including Michigan, Illinois,
Massachusetts, California, and Florida with respect to cannabis,
and the US and Internationally for hemp-based CBD products.
For more information about Red White & Bloom
Brands Inc., please contact:
Tyler Troup, Managing
DirectorCircadian Group IRIR@RedWhiteBloom.com
Visit us on the web:
www.RedWhiteBloom.com
Follow us on social media:
Twitter: @rwbbrandsFacebook:
@redwhitebloombrandsInstagram: @redwhitebloombrands
Neither the CSE nor its Regulation Services
Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this
release.
FORWARD LOOKING INFORMATION
This press release contains forward-looking
statements and information that are based on the beliefs of
management and reflect the Company’s current expectations. When
used in this press release, the words “estimate”, “project”,
“belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”,
“may” or “should” and the negative of these words or such
variations thereon or comparable terminology are intended to
identify forward-looking statements and information. The
forward-looking statements and information in this press release
includes information relating to the implementation of Red White
& Bloom’s business plan. Such statements and information
reflect the current view of the Company with respect to risks and
uncertainties that may cause actual results to differ materially
from those contemplated in those forward-looking statements and
information.
By their nature, forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or
other future events, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among others, the
following risks: risks associated with the implementation of Red
White & Bloom’s business plan and matters relating thereto,
risks associated with the cannabis industry, competition,
regulatory change, the need for additional financing, reliance on
key personnel, the potential for conflicts of interest among
certain officers or directors, and the volatility of the Company’s
common share price and volume. Forward-looking statements are made
based on management’s beliefs, estimates and opinions on the date
that statements are made and the Company undertakes no obligation
to update forward-looking statements if these beliefs, estimates
and opinions or other circumstances should change. Investors are
cautioned against attributing undue certainty to forward-looking
statements.
There are a number of important factors that
could cause the Company’s actual results to differ materially from
those indicated or implied by forward-looking statements and
information. Such factors include, among others, risks related to
Red White & Bloom’s proposed business, such as failure of the
business strategy and government regulation; risks related to Red
White & Bloom’s operations, such as additional financing
requirements and access to capital, reliance on key and qualified
personnel, insurance, competition, intellectual property and
reliable supply chains; risks related to Red White & Bloom and
its business generally. The Company cautions that the foregoing
list of material factors is not exhaustive. When relying on the
Company’s forward-looking statements and information to make
decisions, investors and others should carefully consider the
foregoing factors and other uncertainties and potential events. The
Company has assumed a certain progression, which may not be
realized. It has also assumed that the material factors referred to
in the previous paragraph will not cause such forward-looking
statements and information to differ materially from actual results
or events. However, the list of these factors is not exhaustive and
is subject to change and there can be no assurance that such
assumptions will reflect the actual outcome of such items or
factors. While the Company may elect to, it does not undertake to
update this information at any particular time.
THE FORWARD-LOOKING INFORMATION CONTAINED IN
THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF
THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO
CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE
ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS
INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO,
IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR
TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
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