COSTA MESA, CA, Nov. 08, 2022 (GLOBE NEWSWIRE) — Rodedawg International Industries, Inc. (OTC: RWGI) proudly announces year end updates with significant progress on our path to building a multi-million-dollar dispensary operation and management company in the $6 billion-dollar California cannabis market. Under the new leadership of Chief Executive Officer Chris Swartz, we will execute our model of entering management contracts with licensed facilities, assessing true valuation, and ultimately acquiring them, the real estate and/or distribution centers they may own. The cannabis industry is flooded with undercapitalized, poorly connected operations in need of direction, management, and economies of scale. Rodedawg has positioned itself to capitalize on a “roll-up” styled strategy to capitalize on management’s experience, relationships and resources in the cannabis industry. We will focus only on immediate or near-term revenue producing opportunities.
Chris Swartz, CEO, states, “We have a completed our year-end with tremendous strides on our road map to achieving a minimum $5mm+ in revenues in 1st year of operation. Our initial step was the acquisition of our first revenue generating cannabis operation, Tree Moguls (Tree Moguls – A Higher Class). Through this acquisition we acquired a deep technology stack which includes Augmented Reality (AR) and Virtual Reality (VR) embedded branding for the Tree Moguls™ brand, as well as the manufacturing and distribution…