StreetInsider.com News Articles

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Red White & Bloom Brands Inc. (CSE: RWB) announced that its subsidiary Emblem Cannabis Corporation has completed the acquisition of Ayurcann Inc.'s cannabis operations through insolvency proceedings under the Companies' Creditors Arrangement Act.

The transaction includes Ayurcann's Health Canada-licensed manufacturing facility in Pickering, Ontario, along with the Fuego, Xplor and Happy & Stoned brands. The acquired business operates more than 90 stock keeping units distributed through approximately 2,500 retail locations across Canada, primarily in vape and pre-roll categories.

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom subsidiary completes Ayurcann acquisition

Mon, 08 Jun 2026 06:30:17 -0400

Total consideration was CAD$5.5 million, consisting of a CAD$2.1 million release of debtor-in-possession facility amounts and CAD$3.4 million in cash. Prior to closing, Emblem

Red White & Bloom Brands' Subsidiary, Emblem Cannabis Corporation, Completes Acquisition of Ayurcann's Health Canada-Licensed Manufacturing Operations, Leading Vape & Pre-Roll Brands

Mon, 08 Jun 2026 06:30:00 -0400

TORONTO, June 08, 2026 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) ("RWB" or the "Company") is pleased to announce that, in connection with the insolvency proceedings of Ayurcann Inc. ("Ayurcann") and its parent, Ayurcann Holdings Corp. (collectively, the "Ayurcann Entities") under the Companies' Creditors Arrangement Act (the "CCAA Proceedings"), RWB's wholly-owned subsidiary, Emblem Cannabis Corporation ("Emblem"), has successfully closed the previously announced purchase of Ayurcann (the "Transaction").