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Rodedawg International Industries, Inc. - $RWGI STOCK NEWS

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Rhea-AI Summary
Rodedawg International Industries, Inc. (RWGI) has acquired a new California cannabis distributor license in Coachella, California through its subsidiary, Parabola Mgmt. LLC. The CEO, Chris Swartz, expresses confidence in the company's strategic acquisitions and merger strategy for 2024, aiming to increase revenues to meet or exceed the goal of $7 million annually. The company is on track to achieve its roadmap milestones during the 1st Quarter of 2024, with the goal of becoming a leader in the licensed cannabis market.
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-5.96%
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Rhea-AI Summary
Rodedawg International Industries, Inc. (RWGI) has released its Corporate Roadmap, detailing key activities and revenue expectations for 2024 and beyond. Following the acquisition of Parabola Mgmt., LLC, which included ownership of a California licensed cannabis company, the company plans to expand revenues through strategic acquisitions and mergers in the licensed cannabis business. The CEO, Chris Swartz, emphasizes the company's vision and plans for significant revenue growth, including the acquisition of cannabis licenses, expansion of the Wellness Division, and increased management and sales of licensed distribution. Shareholders can expect regular updates as the company completes milestones in the 1st Quarter of 2024. The CEO also reassures shareholders that no reverse split is planned.
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0.13%
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Rhea-AI Summary
Rodedawg International Industries, Inc. (RWGI) proudly announces the completion of the Parabola Mgmt., LLC acquisition, including ownership of a California licensed cannabis company in Costa Mesa and options for additional licenses. The acquisition establishes a central sales hub in Southern California, the #1 market for cannabis, and sets the stage for upcoming sales and distribution efforts. The company anticipates meeting its 2024 revenue goal of $7 million annually through additional licensed cannabis distribution hubs and distribution contracts. Rodedawg also plans to launch a cannabis delivery service and finalize agreements for new cannabis products, as well as appoint a new Healthcare Division Director. The company reassures shareholders that no reverse split is planned.
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-2.94%
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Rodedawg International Industries has made a deposit into ownership of a licensed cannabis facility in Orange County, California. The company plans to create multiple revenue streams, including a share of estimated annual revenue of $750,000, a management agreement of distribution estimated at $2.4 million, and the launch of BrotherBuds.com brand and cannabis delivery service with estimated annual revenue of $6.7 million within 18 months. Rodedawg also plans to acquire a multi-million dollar complimentary brand in the near future.
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16.67%
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Rhea-AI Summary
Rodedawg International Industries, Inc. announces expansion into the licensed California cannabis market. The company has signed a Binding Letter of Intent for expansion, which will lead to increased revenue streams and new product offerings. The Letter of Intent also includes the option to purchase a licensed cannabis facility, a management agreement of distribution, and the ability to launch a cannabis delivery service. Rodedawg plans to start the Brother Buds delivery service in Southern California and eventually expand nationally. The company is also making progress with its healthcare products and intends to acquire another multi-million dollar brand to achieve its revenue target.
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Rodedawg International Industries, Inc.

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