Brad Rogers, CEO of ‘Super-State Operator’ Red White & Bloom (CSE: RWB – IPO Soon) discusses RWB’s massive Illinois CBD cultivation facility, as well as the company’s future plans with Evan Veryard of Capital 10x at the recent Benzinga Cannabis Capital Conference in Chicago.
RWB, led by its legendary CEO, has raised over $100 million privately and has plans to go public on the Canadian Securities Exchange (CSE) soon.
RWB’s huge Illinois CBD facility is operational and as you can see from these images, is producing some fantastic CBD flower that will be used for high margin products, not just biomass like many similar outfits.
Rogers estimates the Illinois operation is capable of generating between $150 million – $200 million per year at full power.
Source: Shutterstock
When asked about his thoughts on federal legalization in the U.S. Rogers said: “That’s a multi-billion dollar question”.
Rogers went on to say “Federal legalization would help everybody and it would be the smartest thing the feds could do. A lot of capital would come into the market and it would put the black market out of business.”
To hear what else Rogers had to say, watch the full RWB interview.
Video source: Capital 10X
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Disclaimer: The Cannabis Investor owns a position in RWB.
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