Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) recently announced the completion of an agreement for the transition of the management at Platinum Vape LLC (“PV”), having settled all additional PV acquisition price considerations. “RWB estimates that production of PV vape carts will increase to over 450,000 in November, a projection that has made expansion of the PV brand a top priority. Michigan and California are proving to be the two vital promising markets pushing for this growth, prompting focus on PV and streamlining its operations,” reads a recent article. The management transition saw the addition of Shea Alderete and Joaquin Rodriguez, both of whom will serve as co-general managers of RWB California’s day-to-day operations, and Craig Rosevear, who will be RWB West U.S. regional controller. RWB also announced “the appointment of two new members to its team: Christopher Ecken and Colby De Zen. Experienced financial executive Chris Ecken becomes the company’s new chief financial officer (‘CFO’), while strategic investor and entrepreneur Colby De Zen becomes the company’s newest board member. This move is being made to strengthen the executive team and its board.”
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