Rodedawg Intl. Ind, Inc. (OTC: RWGI) Provides Shareholder Update and Begins Revenue Growth Curve

Rhea-AI Summary

Rodedawg International Industries, Inc. (RWGI) has reported a remarkable 200% increase in revenue in their Quarterly Statement for the period 10/1/23 through 12/31/23. The financials demonstrate significant growth, with revenue rising from $30,000 in December 2022 to $103,868 in December 2023. CEO Chris Swartz highlights the company's commitment to accelerated growth, supported by substantial investments and a strong foundation. Anticipated acquisitions in 2024 are expected to further boost revenues, aiming to surpass $7 million annually. Shareholders can look forward to updates on January 2024 revenues, showing promising growth in line with the company's Corporate Milestone Plan.

Positive

• Impressive 200% revenue increase reported by RWGI in their Quarterly Statement.
• Revenue growth from $30,000 in December 2022 to $103,868 in December 2023.
• CEO emphasizes company's dedication to accelerated growth through investments and strategic planning.
• Planned acquisitions for 2024 expected to drive additional revenue growth, targeting surpassing $7 million annually.
• Positive outlook for January 2024 revenues, indicating a promising growth trajectory aligned with the Corporate Milestone Plan.

Negative

• None.

Rodedawg Quarterly Statement with over 200% Increased Revenue

Costa Mesa, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Rodedawg International Industries, Inc. (OTC: RWGI) proudly announces the Company has posted its Quarterly Statement with OTC markets for the period 10/1/23 through 12/31/23. Chris Swartz, CEO, states “We are proud to inform our shareholders that the company has released its Quarterly Statement, and the financials show that we are growing significantly as shown on our Consolidated Statement of Operations F-2. The significant increase is the three months ending in December 2022 of $30,000 to the three months ending of December 2023 with $103, 868. We firmly believe that with all the work we have done in building the foundation of the company, our shareholders are now seeing the operations of the business units generate revenue. Our financials also show that our management has demonstrated its own commitment to the Rodedawg vision with substantial investment into the company toward achieving accelerated growth as seen on this disclosure. We are anticipating sustainable revenue growth that is achievable by following our 2024 Corporate Milestone Plan.”.

Mr. Swartz concludes, “In addition to our current business operations, the planned acquisitions for 2024 will also increase revenues and could potentially propel the company past the stated goal of 7 million annually. As per our 2024 Corporate Milestone Plan, shareholders can expect an update on January 2024 revenues this week. The preliminary estimates for January 2024 also show substantial growth indicating the growth curve for Rodedawg has begun. Once again, we continue to thank our many loyal shareholders for their ongoing support as we create Rodedawg to becoming an industry leader in the licensed cannabis market and healthcare industries.”

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 a 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 Brother Buds™

Brother Buds is a cannabis delivery service based in Costa Mesa, California. During the month of July 2023, the Rodedawg will operate Brother Buds under a non-storefront cannabis delivery license. The cannabis delivery service will focus on Los Angeles County, Orange County, and norther San Diego County in the demographic area of 23.86 million in 2019. 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://BrotherBuds.com

Make sure to follow us at https://twitter.com/BrotherBudsOC.

Contact Information:

Rodedawg International Industries, Inc.
1-800-793-0355
ir@buddinghorizon.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.

FAQ

What was the percentage increase in revenue reported by RWGI in their Quarterly Statement?

RWGI reported a remarkable 200% increase in revenue.

What was the revenue in December 2022 and December 2023 according to the Quarterly Statement?

The revenue increased from $30,000 in December 2022 to $103,868 in December 2023.

What is the CEO's stance on the company's growth and financial performance?

The CEO highlights the company's commitment to accelerated growth, supported by investments and strategic planning.

What are the expectations regarding revenue growth in 2024 for RWGI?

Planned acquisitions in 2024 are anticipated to drive additional revenue growth, aiming to surpass $7 million annually.

What can shareholders expect in terms of revenue updates according to the PR?

Shareholders can look forward to updates on January 2024 revenues, showing promising growth aligned with the Corporate Milestone Plan.