RWB Completes Transformational Florida Divestiture, Expected to Eliminate Over $123 Million of Liabilities and Significantly Strengthen the Company’s Balance Sheet

TORONTO, July 14, 2026 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (the “Company” or “RWB”) is pleased to announce the successful closing of the previously disclosed transaction (the “Transaction”) involving its Florida operations with M&V Investment One LLC and its affiliates (collectively, “M&V”) and Royal Group Resources Ltd. (“RGR”).