RUBICON ORGANICS INC - ROMJF STOCK NEWS

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Rubicon Organics Inc (ROMJF) is a Canadian-based company engaged in the production and distribution of high-quality, organic cannabis products. The company focuses on sustainable cultivation practices, innovative product development, and strategic brand positioning to become a leading player in the cannabis industry.

With a diverse product portfolio that includes flower, pre-rolled products, concentrates, and edibles, Rubicon Organics aims to cater to various consumer preferences in the Canadian cannabis market.

Recent financial results indicate a positive outlook for the company, with plans for operational growth, expansion of market share, and refinancing of debt to support long-term sustainability. The company's commitment to quality, brand differentiation, and operational efficiency sets it apart in the competitive cannabis landscape.

05/13/2024 06:45 PM

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Rubicon Organic Launches 1964 Supply Co.™ Full Spectrum Extracts (FSE) Vapes

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Rubicon Organics (TSXV: ROMJ, OTCQX: ROMJF) has launched its new 1964 Supply Co.™ Full Spectrum Extracts (FSE) Resin 510 Vapes. This strategic move aims to capture market share in the rapidly growing Canadian cannabis vape segment. The new product line features the Blue Dream and Comatose cultivars, selected for their popular aromas and effects. These vapes are available in premium 510 hardware and will be rolled out across major provinces including British Columbia, Alberta, and Ontario. The launch aligns with Rubicon's goal to attract legacy market consumers into the legal market by offering high-quality, consistent products.

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05/07/2024 08:45 PM

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Rubicon Organics to Report Q1 2024 Results

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Rubicon Organics Inc. will be reporting its financial results for Q1 2024 on May 15, 2024, followed by a conference call on May 16, 2024. The Company focuses on producing and selling premium organic cannabis products.

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03/27/2024 10:30 PM

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Rubicon Organics Reports 2023 Financial Results

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Rubicon Organics Inc. reported strong financial results for the year ended December 31, 2023, with net revenue of $40.1 million, adjusted EBITDA of $4.4 million, and achieved operating cash flow of $5.0 million. The company also achieved a 6.9% national market share of premium flower and pre-rolls, with Wildflower™ being the number one topical brand in Canada with a market share of 21.8%. Additionally, Rubicon Organics secured 15.2% national market share of premium concentrates and 14.0% national market share of premium edibles. The company's brands, Simply Bare™ Organic and 1964 Supply Co™, were recognized as top brands recommended by Canadian budtenders. Rubicon Organics also received prestigious awards and appointed 5 new independent directors to the Board.

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03/13/2024 08:00 PM

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Rubicon Organics to Report Q4 2023 Results

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Rubicon Organics Inc. will report its financial results for Q4 2023 on March 27, 2024. The conference call to discuss the results will be held on March 28, 2024. The company focuses on producing and selling premium organic cannabis products.

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02/28/2024 07:00 PM

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Rubicon Organics Brings 1964 Supply Co. Cannabis-Infused Poutine Sauce to Quebec

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Rubicon Organics Inc. announces the launch of 1964 Supply Co.™ Cannabis-Infused Poutine Sauce in Quebec. The product combines the flavors of Quebec's iconic dish with cannabis, offering a unique culinary experience. Each pack contains 10mg of THC sourced from hash rosin, promising a delightful way to enjoy comfort food. The company plans to expand distribution to other provinces in the near future.

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02/15/2024 08:25 PM

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Rubicon Organics Announces the Appointment of Chief Executive Officer and Chief Financial Officer, and Grants RSUs

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Rubicon Organics Inc. appoints Margaret Brodie as CEO, effective immediately, after a search for internal and external candidates. Brodie, who has been serving as Interim CEO and CFO, is praised for her leadership skills and deep industry understanding. The company aims to continue its growth trajectory and deliver top-tier cannabis products under Brodie's guidance.

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01/17/2024 09:00 PM

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Rubicon Organics Grants DSUs and Options

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Rubicon Organics Inc. has announced the grant of 420,000 deferred share units and 15,000 stock options. The DSUs were granted to independent directors as compensation for their services in 2023, while the stock options were granted to an employee pursuant to the equity incentive plan. The DSUs vest immediately and can only be redeemed upon a director ceasing to be a part of the company. The stock options are exercisable at $0.50 per share for a period of five years from the date of grant.

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12/12/2023 08:45 PM

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Rubicon Organics Celebrates Double Triumph at 2023 KIND Magazine’s Awards

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Rubicon Organics Inc. (ROMJ) wins Cannabis Company of the Year and People’s Choice Best Weed awards at the annual KIND Awards. The company, focused on cultivating and selling organic certified, premium cannabis, received recognition for its outstanding products and team strength. Margaret Brodie, Interim CEO and CFO, expressed pride and gratitude for the accolades, highlighting the company's trajectory towards profitability and robust financial position.

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11/14/2023 10:30 PM

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Rubicon Organics Reports Third Quarter 2023 Financial Results

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Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) reported net revenue of $10.0 million and $30.1 million for the three and nine months ended September 30, 2023, achieving positive Adjusted EBITDA and operating cash flow. The company also saw growth in cash balance and working capital. The PR highlights financial results, market shares, and successful product launches, emphasizing a focus on premium cannabis brands and market positioning.

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10/30/2023 08:45 PM

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Rubicon Organics to Report Q3 2023 Results

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Rubicon Organics Inc. will be reporting its financial results for Q3 2023 on November 14, 2023. A conference call to discuss the results will be held on November 15, 2023. The company is a licensed producer focused on cultivating and selling organic certified, premium cannabis products.

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FAQ

What is the current stock price of RUBICON ORGANICS (ROMJF)?

The current stock price of RUBICON ORGANICS (ROMJF) is $0.2999 as of December 20, 2024.

What is the market cap of RUBICON ORGANICS (ROMJF)?

The market cap of RUBICON ORGANICS (ROMJF) is approximately 16.1M.

What is Rubicon Organics Inc known for?

Rubicon Organics is known for producing high-quality, organic cannabis products with a focus on sustainability and innovation.

What products does Rubicon Organics offer?

Rubicon Organics offers a diverse range of products including flower, pre-rolled products, concentrates, and edibles to cater to various consumer preferences.

What are Rubicon Organics' key priorities for 2023?

Rubicon Organics has set out four key priorities for 2023 focusing on operational growth, market share expansion, and debt refinancing for long-term sustainability.

What are the recent financial results of Rubicon Organics?

Recent financial results indicate a positive outlook for Rubicon Organics with plans for operational growth, market share expansion, and refinancing of debt to support long-term sustainability.

How does Rubicon Organics differentiate itself in the cannabis industry?

Rubicon Organics stands out in the cannabis industry through its commitment to quality, brand differentiation, and operational efficiency.

Who is the CEO of Rubicon Organics?

Margaret Brodie serves as the CEO of Rubicon Organics, leading the company through its growth and strategic initiatives in the cannabis market.

What is Rubicon Organics' approach to sustainability?

Rubicon Organics emphasizes sustainable cultivation practices to minimize environmental impact and promote eco-friendly operations within the cannabis industry.

How does Rubicon Organics plan to achieve long-term growth?

Rubicon Organics plans to achieve long-term growth through product innovation, brand positioning, operational efficiency, and strategic partnerships in the cannabis market.

What is Rubicon Organics' strategy for maintaining competitiveness?

Rubicon Organics focuses on quality, innovation, brand differentiation, and operational excellence to maintain competitiveness in the dynamic and competitive cannabis industry.

What are Rubicon Organics' expectations for future growth?

Rubicon Organics anticipates year-over-year growth in net revenue supported by modest cost base increases, operational efficiency improvements, and a commitment to delivering high-quality cannabis products to consumers.