• Red White & Bloom closed a previously disclosed divestiture of its Florida operations to M&V Investment One and affiliates, following receipt of required state approval.
• Deal expected to remove about CAD 123.2 million of liabilities from consolidated accounts, lifting future funding obligations tied to the Florida business.
• RWB expects to derecognize CAD 140.9 million of assets, book an estimated non-cash gain of about CAD 47.7 million.
• Transaction includes M&V’s purchase of a senior secured promissory note from Royal Group Resources, plus acquisition of intercompany debt instruments.
• M&V assumed obligations underlying RWB’s guarantees tied to the Florida business, providing full releases from those guarantees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red White & Bloom Brands Inc. published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein.