Rubicon Organics Announces Board Appointment and DSU Grant
Rubicon Organics, a licensed producer of organic certified and premium cannabis, has announced the appointment of Jesse McConnell to its Board of Directors. This appointment follows McConnell's election by shareholders at the Annual General Meeting on July 31, 2024, and subsequent security clearance from Health Canada. The company, trading under the symbols ROMJ on the TSX Venture Exchange and ROMJF on the OTCQX, focuses on cultivating and selling high-quality cannabis products.
Rubicon Organics, produttore autorizzato di cannabis biologica certificata e di alta qualità, ha annunciato la nomina di Jesse McConnell nel suo Consiglio di Amministrazione. Questa nomina segue l'elezione di McConnell da parte degli azionisti durante l'Assemblea Generale Annuale del 31 luglio 2024, e il successivo nulla osta da parte di Health Canada. L'azienda, che scambia con i simboli ROMJ sulla TSX Venture Exchange e ROMJF sull'OTCQX, si concentra sulla coltivazione e vendita di prodotti di cannabis di alta qualità.
Rubicon Organics, un productor autorizado de cannabis orgánica certificada y premium, ha anunciado el nombramiento de Jesse McConnell en su Junta Directiva. Este nombramiento sigue a la elección de McConnell por los accionistas en la Junta General Anual del 31 de julio de 2024, y la posterior autorización de Health Canada. La compañía, que opera bajo los símbolos ROMJ en la TSX Venture Exchange y ROMJF en el OTCQX, se enfoca en cultivar y vender productos de cannabis de alta calidad.
루비콘 오르가닉스는 유기농 인증을 받은 프리미엄 대마초의 허가받은 생산자로서, 제시 맥코넬을 이사회의 일원으로 임명했다고 발표했습니다. 이 임명은 2024년 7월 31일 연차 총회에서 주주들에 의해 맥코넬이 선출된 이후, 캐나다 보건부로부터 보안 승인을 받은 것입니다. ROMJ와 같은 기호로 TSX 벤처 거래소에서 거래되며, ROMJF는 OTCQX에서 거래되는 이 회사는 고품질 대마초 제품의 재배 및 판매에 중점을 두고 있습니다.
Rubicon Organics, un producteur agréé de cannabis biologique certifié et premium, a annoncé la nomination de Jesse McConnell à son conseil d'administration. Cette nomination fait suite à l'élection de McConnell par les actionnaires lors de l'Assemblée Générale Annuelle du 31 juillet 2024, et à la sécurité accordée par Santé Canada. L'entreprise, qui se négocie sous les symboles ROMJ sur la TSX Venture Exchange et ROMJF sur l'OTCQX, se concentre sur la culture et la vente de produits de cannabis de haute qualité.
Rubicon Organics, ein lizenzierter Produzent von biologisch zertifiziertem und hochwertigem Cannabis, hat die Ernennung von Jesse McConnell in seinen Vorstand bekannt gegeben. Diese Ernennung folgt auf die Wahl von McConnell durch die Aktionäre auf der Hauptversammlung am 31. Juli 2024 und der anschließenden Sicherheitsfreigabe von Health Canada. Das Unternehmen, das unter den Symbolen ROMJ an der TSX Venture Exchange und ROMJF an der OTCQX gehandelt wird, konzentriert sich auf den Anbau und Verkauf von hochwertigen Cannabisprodukten.
- Appointment of Jesse McConnell to the Board of Directors, potentially bringing new expertise and perspectives
- Successful completion of Health Canada's security clearance process for the new board member
- None.
VANCOUVER, British Columbia, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis, is pleased to announce that Jesse McConnell has been appointed to the Company’s Board of Directors (“Board”) after receipt of security clearance from Health Canada. Mr. McConnell was elected to the Board by the shareholders at the Annual General Meeting on July 31, 2024, but his appointment to the Board was subject to being granted security clearance by Health Canada.
About Jesse McConnell
Jesse McConnell was the Co-Founder of Rubicon Organics in 2015 and served as its Chief Executive Officer from May 20, 2015, to December 31, 2022, Mr. McConnell is an entrepreneur, investor and cannabis expert who has worked in the premium cannabis industry in Canada and the US for over two decades. Previously, Mr. McConnell co-founded Whistler Medical Marijuana Corp., which was eventually acquired by Aurora Cannabis Inc. in 2019 for
DSU Grant
The Company has awarded a total of 140,459 Deferred Share Units (DSUs) under its Omnibus Equity Incentive Plan to a director as compensation for their upcoming service. These DSUs will vest after twelve months from the grant date and can only be redeemed if the holder ceases to be a director of the Company or in accordance with the provisions of the Omnibus Equity Incentive Plan.
ABOUT RUBICON ORGANICS INC.
Rubicon Organics Inc. is the global brand leader in premium organic cannabis products. The Company is vertically integrated through its wholly owned subsidiary Rubicon Holdings Corp, a licensed producer. Rubicon Organics is focused on achieving industry leading profitability through its premium cannabis flower, product innovation and brand portfolio management, including three flagship brands: its super-premium brand Simply Bare™ Organic, its premium brand 1964 Supply Co™, and its cannabis wellness brand Wildflower™ in addition to the Company’s mainstream brand Homestead Cannabis Supply™.
The Company ensures the quality of its supply chain by cultivating, processing, branding and selling organic certified, sustainably produced, super-premium cannabis products from its state-of-the-art glass roofed facility located in Delta, BC, Canada.
CONTACT INFORMATION
Margaret Brodie
CEO
Phone: +1 (437) 929-1964
Email: ir@rubiconorganics.com
The TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or accuracy of this press release.
Cautionary Statement Regarding Forward Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, statements regarding Rubicon Organics’ goal of achieving industry leading profitability are “forward-looking statements”. Forward-looking information can be identified by the use of words such as “will” or variations of such word or statements that certain actions, events or results “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. The forward-looking information in this press release is based upon certain assumptions that management considers reasonable in the circumstances. Risks and uncertainties associated with the forward looking information in this press release include, among others, dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing federal, provincial, local or other licenses and any inability to obtain all necessary governmental approvals licenses and permits for construction at its facilities in a timely manner; regulatory or political change such as changes in applicable laws and regulations, including bureaucratic delays or inefficiencies or any other reasons; any other factors or developments which may hinder market growth; Rubicon Organics’ limited operating history and lack of historical profits; reliance on management; the effect of capital market conditions and other factors on capital availability; the Company’s ability to attract and retain skilled staff; competition, including from more established or better financed competitors; the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers.
These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although Rubicon Organics has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. Rubicon Organics assumes no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.
FAQ
Who was appointed to Rubicon Organics' Board of Directors?
When was Jesse McConnell elected to Rubicon Organics' Board by shareholders?
What is Rubicon Organics' stock symbol on the OTCQX?
What type of cannabis does Rubicon Organics (ROMJF) produce?
