SHERIDAN, WY, July 12, 2022 (GLOBE NEWSWIRE) -- Rodedawg International Industries, Inc. (OTC Pink: RWGI) proudly announces the acquisition of Tree Moguls™, a premium cannabis lifestyle brand based in Southern California. Christopher Swartz, CEO, states, “This acquisition is an immediate revenue producing opportunity and allows Rodedawg to enter into the 6 Billion dollar California cannabis market through licensing and distribution opportunities. As part of the acquisition, Rodedawg also acquires a deep technology stack which includes Augmented Reality (AR) and Virtual Reality (VR) embedded branding for the Tree Moguls™ brand. Our shareholders can expect future announcements on the AR and VR implementation which will further establish Tree Moguls™ as a super-premium cannabis lifestyle brand with immediate expansion into Web3 and Metaverse.”
Mr. Swartz adds, “We specifically targeted Tree Moguls™ for the manufacturing and distribution reach within established accounts in Los Angeles County and we see that Tree Moguls™ is poised to expand quickly into other regions within California. This acquisition helps position Rodedawg for immediate revenues and achieving the $5 million plus in Year One. This also accelerates the pathway for the future acquisitions already slated. We actually believe that we can go well beyond the $5 Million Year One target as we continue our acquisition strategy and expansion of management services.”
Mr. Swartz states, “I want to re-iterate our goals for the next six months at Rodedawg International Industries, Inc. is as follows:
- To generate profitable revenue streams from our acquisitions and management services within the cannabis industry
- Launch Rodedawg Branded and Licensed Cannabis & CBD products nationally utilizing the brands such as Tree Moguls™
- Cancel over 85 Million Common Shares
- Launch a corporate website to enhance shareholder communication with transparent and frequent updates.
Mr. Swartz, CEO of Rodedawg International Industries, Inc., concludes, “We also want our shareholders to know that no reverse split is planned.”
About Rodedawg International Industries, Inc.
Rodedawg International Industries, Inc. (OTC Pink: RWGI) is a subsidiary of Critical Solutions, Inc. (OTC Pink: CSLI) We are a premium cannabis industry service focused on providing management services, acquisitions and restructuring assets throughout the regulated California cannabis market. We are a trusted partner and resource to licensed cultivation, distributors, manufacturers, and retail dispensaries. The Transfer Agent has verified the share structure has remained unchanged with 181,273,769 outstanding common shares and 8,597,306 common shares in the Float. Also note the company Twitter address is https://twitter.com/RWGImerger.
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/
About Critical Solutions, Inc.
Critical Solutions, Inc. is a diversified holding company and the parent company of Rodedawg International Industries, Inc. (OTC Pink: RWGI) and Universal Systems, Inc. (UVSS). Critical Solutions, Inc. acquires and invests in emerging growth and profitable companies. To subscribe to company updates, please visit the Company's website at http://CriticalSolutionsInc.com/.
Also note the company has updated its Twitter address to https://twitter.com/CSLI_Solutions
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.
