Red White & Bloom Brands Closes Debt Settlement

TORONTO, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) announces that, further to its news release dated December 1, 2025, it has issued 375,000 common shares at a deemed price of $0.035 per share to a former consultant to settle certain outstanding obligations for past services.

The securities issued pursuant to the settlement are subject to a statutory hold period of four months and one day in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities referred to herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws. Accordingly, such securities may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration requirements.

About Red White & Bloom Brands Inc.

Red White & Bloom is a multi-state cannabis operator and house of premium brands operating in the United States, Canada and select international jurisdictions. RWB is focusing its investments on major U.S. markets, including California, Florida, Missouri, and Michigan, in addition to Canadian and emerging international markets.

Red White & Bloom Brands Inc.
Investor and Media Relations
Edoardo Mattei, CFO
[e-mail]
947-225-0503

Visit us on the web: https://www.redwhitebloom.com/

Follow us on social media:

Twitter: @rwbbrands

Facebook: @redwhitebloombrands

Instagram: @redwhitebloombrands

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING INFORMATION

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws (collectively, “forward-looking information”). Forward-looking information may relate to future events or future performance of the Company and is often identified by words such as “anticipate”, “believe”, “expect”, “estimate”, “intend”, “may”, “plan”, “project”, “predict”, “potential”, “will”, “would”, “could” and similar expressions, or their negative forms. Such forward-looking information includes, without limitation, statements regarding the Company’s expectations with respect to regulatory matters, corporate initiatives, governance processes, financial reporting, and strategic priorities.

Forward-looking information is based on a number of assumptions used in drawing conclusions and making forecasts, including, without limitation, assumptions regarding general business and economic conditions; the Company’s ability to obtain required approvals; stability in applicable laws and regulations; the availability of financing; expectations regarding the cannabis market; and the Company’s operating capacity and strategic direction. Although the Company believes these assumptions are reasonable, they may prove to be incorrect.

Forward-looking information is subject to a variety of risks, uncertainties and other factors, many of which are beyond the Company’s control and which could cause actual results to differ materially from those expressed or implied by such forward-looking information, including, without limitation, regulatory and compliance risks; risks relating to financial reporting and governance requirements; risks associated with operating in the cannabis industry; market volatility; competition; access to capital; reliance on key personnel; supply chain continuity; and other risks more fully described in the Company’s filings on SEDAR+.

Readers are cautioned that the foregoing assumptions, risks and uncertainties are not exhaustive. Forward-looking information is provided as of the date of this press release, and the Company does not undertake any obligation to update or revise such information except as required by applicable securities laws. Readers should not place undue reliance on forward-looking information.