## **Red White & Bloom Brands: A Crucial Management Update**
**TORONTO, June 13, 2025** – In a compelling development for stakeholders and enthusiasts of Red White & Bloom Brands Inc. (CSE: RWB), the company has issued an important update regarding its **management cease trade order (MCTO)**, granted by the British Columbia Securities Commission on May 1, 2025. This notice comes under the auspices of **National Policy 12-203**.
### **Understanding the Management Cease Trade Order**
On May 1, **Red White & Bloom Brands** communicated a delay in filing its financial statements and accompanying management discussion and analysis for the fiscal year ending December 31, 2024. This delay, pivotal in maintaining **transparency**, underscores the company’s commitment to upholding compliance with Canadian securities laws.
### **Progress Report on Annual Filings**
The company is actively advancing its audit processes and is set to provide further updates regarding its Annual Filings around **June 23, 2025**. If the filings are not completed by this date, stakeholders can expect additional communications. Furthermore, the company is making strides on the interim financial statements for the first quarter of 2025, which will follow closely once the Annual Filings are finalized. This approach not only enhances accountability but also keeps investors informed.
#### **Key Highlights**:
– **Audit Progress**: The ongoing audit process is under strict scrutiny to ensure timely completion.
– **Scheduled Updates**: A commitment to issue bi-weekly reports regarding the MCTO status showcases the company’s dedication to transparency.
### **Implications During the MCTO**
Despite the challenges posed by the MCTO, it’s essential to highlight that regular trading of the company’s shares on the market **remains unaffected** for the general investing public. However, it is crucial to note that insiders, including the CEO, President, and CFO, are prohibited from trading shares until the situation is resolved.
### **Commitment to Compliance**
Beyond the current updates, the company is devoted to adhering to the stipulations of **NP 12-203**. This includes ongoing communications about the status of the Annual Filings and any significant changes affecting the business.
## **About Red White & Bloom Brands Inc.**
**Red White & Bloom Brands** is a formidable entity in the cannabis sector, operating across the U.S., Canada, and select international markets. The company strategically targets lucrative U.S. markets like **California, Florida, Missouri, Michigan,** and **Ohio**, further expanding into Canadian and international territories.
### **Get in Touch**
For inquiries, collaborations, or media relations, individuals can reach out to:
**Edoardo Mattei, CFO**
Email: [[email protected]](mailto:[email protected])
Phone: 947-225-0503
Visit us online: [Red White & Bloom](https://www.redwhitebloom.com/)
#### **Follow Us on Social Media**:
– [Twitter](https://twitter.com/rwbbrands) @rwbbrands
– [Facebook](https://www.facebook.com/redwhitebloombrands) @redwhitebloombrands
– [Instagram](https://www.instagram.com/redwhitebloombrands) @redwhitebloombrands
## **Forward-Looking Statements**
This news release contains **forward-looking information**, which is subject to inherent risks and uncertainties. Such projections may relate to anticipated timelines and the completion of filings. It is important for readers to consider that actual outcomes may differ and should not place excessive reliance on these statements.
In an evolving industry like cannabis, maintaining a proactive stance on compliance and transparency is crucial. Red White & Bloom Brands is navigating these waters with awareness and diligence, laying the groundwork for a promising future.
