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TORONTO, June 03, 2026 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) ("RWB" or the "Company") is providing an update in connection with the ongoing insolvency proceedings of Ayurcann Inc. ("Ayurcann") and its parent, Ayurcann Holdings Corp. (collectively, the "Ayurcann Entities") under the Companies' Creditors Arrangement Act (the "CCAA Proceedings") and the previously announced sale transaction involving the Company's wholly-owned subsidiary, Emblem Cannabis Corporation ("Emblem"). Assignment of DIP Facility from Auxly Effective June 2, 2026, Emblem has completed the assignment and assumption of the debtor-in-possession facility (the "DIP Facility") previously provided by Auxly Cannabis Group Inc. ("Auxly") to Ayurcann pursuant to a DIP facility commitment letter dated February 8, 2026, as amended (the "Original DIP Commitment Letter").

TORONTO, April 13, 2026 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Emblem Cannabis Corporation (“Emblem”), has been selected as the successful bidder in the Court-supervised sale and investment solicitation process (“SISP”) approved by the Ontario Superior Court of Justice (Commercial List) (“Court”) in connection with the insolvency proceedings of Ayurcann Holdings Corp. and Ayurcann Inc. (“Ayurcann”) under the Companies' Creditors Arrangement Act (“CCAA”). Assets to be Acquired The transaction is structured as a share purchase (“Transaction”), pursuant to which Emblem will indirectly acquire the underlying businesses, assets, licences, and operations through ownership of 100% of the newly issued shares of Ayurcann.
