Rodedawg
International Industries, Inc. (OTC:
RWGI) Provides Shareholder Updates
2023 Revenue Growth, Launches New
Product, and Gains New Dispensary Outlet
COSTA MESA, CA
-- January 20th, 2023 -- InvestorsHub NewsWire
-- Rodedawg International Industries, Inc. (OTC:
RWGI) proudly announces shareholder updates as the company
continues to grow and expand in revenue, products, and
distribution. Chris Swartz, CEO of Rodedawg Intl. Ind.,
states "We are proud to announce to our shareholders that
Rodedawg's continued growth in revenue streams with new products
and distribution outlets. We believe that we are on track for a
great Year 1 given the forward momentum of accomplishing the 2022
milestones on our road map. Our revenue targets are set to lead us
to achieving a minimum $7 million plus in revenues in 2023. We
believe that the revenue figure could be much higher but we want to
stay with conservative Year 1 revenue targets.
Chris Swartz, CEO,
adds, "We are also proud to announce our newest product for our
cannabis brand, Tree Moguls (Tree Moguls - A Higher
Class). With our partners, Tree Moguls has launched a new
ultra high-quality Tree Moguls Wax. The cannabis wax expands the
product offering from traditional flower and pre-rolls to a more
potent and concentrated product offering. We will showcase the new
product on our websites, social channels, and partner channels.
Once again, these efforts to grow revenues are focused only on
immediate or near-term revenue producing opportunities."
Tree
Moguls Wax
The company is also
proud to announce our newest dispensary outlet - Tree Moguls
branded cannabis products can now be found in Illa Canna
cannabis dispensary in Los Angeles, California.
Success Milestones
for 2023:
-
Follow up
on submitted request to OTC Markets to remove Shell Status with
Year End Disclosure
-
PCOAB
Audit to be completed during January 2023
-
Prepare
for Uplisting
-
Cancellation of over
85 million common shares.
-
Create
additional products and brands that can be marketed through the
licensed dispensaries the Company manages.
-
Identify
Funding Partner for Debt Structure to acquire licensed facility
such that debt instrument can be repaid from the facilities we
manage.
-
Identify,
manage, and acquire additional licensed dispensaries.
-
Complete
Acquisition of a real estate and/or Licensed California dispensary
and/or distribution center such that Rodedawg becomes a fully
licensed cannabis corporation.
-
Expand
Product and brand development which lead to quarter over quarter
revenue growth.
-
Negotiations to
expand our management contracts to include at least 1 more licensed
dispensary and 1 more distribution facility before year
end.
Mr. Swartz states,
"In the next few weeks, management will provide additional updates
on the timeframe and progress of accomplished success milestones to
further expand shareholder value. Our plan from the beginning has
been positioning the Company for significant growth leading to
OTCQB uplisting."
About
Rodedawg International Industries, Inc.
Rodedawg
International Industries, Inc. (OTC:
RWGI) is focused on providing management services, acquisitions
and restructuring resources throughout the regulated California
cannabis market. We are a trusted partner and asset to licensed
cultivation, distributors, manufacturers, and retail
dispensaries.
Please note the
company Twitter address is https://twitter.com/RWGImerger
for regular updates.
About
Budding
Horizon, LLC
Budding Horizon,
LLC is California Limited Liability Company with offices in Orange
County, California. The company is focused to providing management
services for the licensed cannabis industry and seeks to leverage
its expertise in the real estate acquisitions to acquire and
develop a portfolio of assets.
The company website
is https://buddinghorizon.com/
About
Tree Moguls™
Tree
Moguls™ established in
early 2020 has rapidly become a premium cannabis lifestyle brand.
The company has developed its own premium packaging brands and
lifestyle clothing.
The company's
website is www.treemoguls.com
Tree
Moguls™ social media accounts
can be found at:
Cannabis
Products: https://www.instagram.com/treemogulscanna/
Lifestyle Clothing: https://www.instagram.com/treemoguls/
Tree
Moguls Twitter Account: https://twitter.com/Treemoguls
Contact Information:
Rodedawg
International Industries, Inc.
1-800-793-0355
ir@RWGIMerger.com
Safe Harbor Statement: In addition to
historical information, this press release may contain statements
that constitute forward-looking statements within the meaning of
the Securities Act of 1933 and the Securities Exchange Act of 1934,
as amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements contained in this press release include
the intent, belief, or expectations of the Company and members of
its management team with respect to the Company's future business
operations and the assumptions upon which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future
performance, and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Factors that could cause these
differences include, but are not limited to, failure to complete
anticipated sales under negotiations, lack of revenue growth,
client discontinuances, failure to realize improvements in
performance, efficiency and profitability, and adverse developments
with respect to litigation or increased litigation costs, the
operation or performance of the Company's business units or the
market price of its common stock. Additional factors that would
cause actual results to differ materially from those contemplated
within this press release can also be found on the Company's
website. The Company disclaims any responsibility to update any
forward-looking statements.
SOURCE: Rodedawg International
Industries, Inc.