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Red White & Bloom Preferred Stock Shareholders To Lock-Up Over 50 Million Preferred Shares

Red White & Bloom Preferred Stock Shareholders To Lock-Up Over 50 Million Preferred Shares

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Cannabis company Red White & Bloom Brands Inc. (CSE:RWB) (OTCQX:RWBYF) announced Monday that its certain shareholders, representing over 50 million RWB Series II Preferred Shares, have agreed to a non-conversion lock-up period for their preferred shares for a six months term. The term expires on April 24, 2022, when the preferred shares are slated for automatic conversion into common shares of the Toronto-based company.

...read full article on Benzinga

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