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Benzinga
Benzinga
Business
Jelena Martinovic

Red White & Bloom Posts Record Revenue In Q1, Set To Achieve Positive EBITDA By End Of FY

Red White & Bloom Brands Inc. (OTC:RWBYF) reported on Tuesday a record revenue from continuing operations of CA$28 million ($21.85 milliom) in the first quarter of 2022. For the year ended December 31, the company generated CA$37.3 million in revenue, up by 193% year-over-year.

“With the first half of 2022 now behind us, we are committed to driving profitable growth throughout the organization as we set our eyes to achieving positive EBITDA by the end of this fiscal year,” Brad Rogers, the company’s CEO and chairman, said.

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