Rodedawg Intl. Ind, Inc. (OTC

RWGI) Accelerates Revenues with Hemp and Cannabis Derived Isolates Sales & Manufacturing

New Product Channel Expands & Accelerates 2024 Revenues

COSTA MESA, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Rodedawg International Industries, Inc. (OTC: RWGI) proudly announces the Company, through our wholly owned subsidiary, Parabola Mgmt. LLC, has accelerated sales of hemp and cannabis derived isolates.

Chris Swartz, CEO, states: “We are proud to announce that last quarter management invested over six figures in developing a manufacturing facility for extraction of cannabis derived isolates from hemp. The internal investment by our leadership is specifically for one of our largest revenue centers which benefits all Rodedawg shareholders. We passionately believe that as the leadership of the company we should demonstrate with our own dollars the value of the Rodedawg expansion for 2024 and beyond. We have completed the initial test of the equipment, and the Company is now at 65% production of the cannabis derivatives and isolates, and our revenues are growing rapidly.”

Mr. Swartz adds, “According to Zion Market Research, the Global Cannabis Extract Market is growing at CAGR of 16.8% and expected to reach 21.6 Billion by 2026. This is a major milestone for our Rodedawg shareholders as we now have in place our own manufacturing capability, our own distribution, and our own sales channels. Rather than grow from a secondary market, it is particularly important that we are growing from the #1 cannabis market in the world. In the coming quarters we have planned expansion into additional states bringing Rodedawg into the MSO (multi-state operator) category.”

 

Mr. Swartz concludes, “Quite frankly, it has been a multi-year journey for our shareholders during which we have been building the company’s infrastructure for the current growth we are now experiencing. We truly are honored and proud to be reporting the upcoming Disclosure. We believe that this period of growth is the reflection of the combined determination of our team and shareholders to have Rodedawg becoming a dominant force in the #1 cannabis market in the world. These preliminary sales that will be reported in our first quarter Disclosure for 2024 will be the indicator of continued growth of the hemp derived isolates channel. We are working quickly to complete the Disclosure. The company continues to encourage our shareholders to re-visit our corporate roadmap and corporate video area on the website at https://www.BuddingHorizon.com. We are confident that our strategically planned roadmap of expansion via sales, acquisitions and mergers will increase 2024 revenues to meet and potentially exceed our stated goal of 7 million annually.”