Budding Horizon, a California LLC, announced on August 30, 2022, about acquiring Rodedawg International Industries Inc. (OTCMKTS:RWGI) Budding Horizon, LLC has acquired the Special 2020 Series A Preferred share (control block) in exchange for a 10% of Budding Horizon, LLC and will issue 10 million common shares of Rodedawg common shares to Critical Solutions, Inc.
Trading Data
On Tuesday, RWGI stock ended flat at $0.0500 with 115.10K shares, compared to its average volume 34.40K shares. The stock moved within a range of $0.0452 – 0.0600 after opening trade at $0.0500.
Budding Horizon, LLC acquires Rodedawg International Industries, Inc. (OTC: RWGI)
Budding Horizon, LLC aims to expand through the acquisition of real estate and/or dispensaries or distribution centers. Christopher Swartz, the CEO, has commented that they are elated with this important step as they incorporate new management entirely focused on growing Rodedawg International Industries, for the purpose of becoming a multi-million-dollar corporation in Year One. The focus remains only on immediate or near-term revenue-producing opportunities that allow Rodedawg to enter the California cannabis market, which is currently valued at $6 million!
He elaborates that having a company focused solely on one mission will enable the team to bring Rodedawg to immediate revenues and achieve the objective of $5 million plus revenues in Year One. This action will ensure a talented team of cannabis industry experts can navigate Rodedawg to success.
In the next six months, the Tree Moguls brand will be launched for immediate revenues, as the company works on the cancellation of over 85 million shares to improve its capital structure, provide regular shareholder updates on progress with revenues and create awareness of updated Rodedawg company initiatives.
Key Quote
Christopher Swartz, CEO, states, “I am genuinely excited about this crucial step as we will add new management entirely focused to growing Rodedawg Intl. Ind. (RWGI) to achieving our goals of a multi-million-dollar corporation in year one. We will focus only on immediate or near-term revenue producing opportunities that allow Rodedawg to enter into the 6 billion-dollar California cannabis market.”
Technical Data
RWGI stock is trading above the 20-Day and 50-Day Moving averages of $0.0490 and $0.0530 respectively. However, the stock is trading below the 200-Day moving average of $0.0751.
