Rubicon Organics Stock Price, News & Analysis

Rubicon Organics (OTCQX:ROMJF), a licensed producer specializing in organic certified and premium cannabis products, has scheduled its Q2 2025 financial results release for August 18, 2025, before market open.

The company will host a conference call to discuss the results on the same day at 7:00 AM PT / 10:00 AM ET. Investors can access the call through local dial-in, toll-free North American number, or via webcast through the company's earnings call registration.

Rubicon Organics (OTCQX: ROMJF), a premium cannabis producer, held its Annual General and Special Meeting with 46.3% shareholder representation. Shareholders approved all proposed matters, including setting the board size at eight directors and electing all nominated directors with approval rates ranging from 85.7% to 95.8%.

The company announced a significant leadership change as Len Boggio steps down as Board Chair, transitioning to Chair of the Nomination and Governance Committee. Doris Bitz, an independent director since 2023 with over 30 years of CPG and manufacturing experience, has been appointed as the new Board Chair.

Shareholders also approved amendments to the company's Omnibus Equity Incentive Plan with 74.7% support. The plan allows for a maximum of 8,960,180 Common Shares for equity awards. Additionally, the company granted 1,024,576 DSUs to independent directors, vesting in twelve months.

Rubicon Organics (OTCQX: ROMJF), a licensed producer of organic certified and premium cannabis, has announced its upcoming Annual General and Special Meeting scheduled for July 31, 2025, at 10:00 AM PT. The meeting will be held at the Terminal City Club in Vancouver, with a live webcast option available.

The meeting agenda includes receiving 2024 financial statements, setting the board size at eight directors, electing directors, appointing PricewaterhouseCoopers LLP as auditors, and considering an amendment to the Omnibus Equity Incentive Plan to reserve 8,960,179 Common Shares for issuance. The record date for the meeting was set for June 25, 2025.

Rubicon Organics (OTCQX: ROMJF) has announced the launch of its new 1964 Supply Co.™ All-in-One (AIO) Full Spectrum Extract (FSE) Resin Vapes in the Canadian market. The product features the Comatose strain in a 0.5 gram format and will initially launch in British Columbia before expanding to other major Canadian provinces, excluding Quebec.

The launch follows the successful introduction of 510 FSE resin vape cartridges in May 2024. The company plans to launch two additional AIO offerings by the end of 2025. The product aims to attract legacy market consumers by offering high-quality FSE resin vapes at competitive price points, distinguishing itself in a market dominated by distillate-based products.

Rubicon Organics (ROMJF) has acquired a 47,500 sq. ft. indoor cultivation facility in Hope, British Columbia, marking a significant expansion of its premium cannabis production capacity. The purpose-built facility is expected to increase the company's annual production capacity by 4,500 kgs, representing a 40% increase from their current Delta Facility. This brings Rubicon's total annual production potential to 15,500 kg of premium cannabis. The company plans to invest approximately $3 million in operating startup costs during 2025, with cultivation rooms expected to be planted by year-end and full production capacity targeted for the end of 2026. Revenue contribution from the Hope Facility is anticipated to begin in the first half of 2026.

Rubicon Organics (ROMJF) reported strong Q1 2025 financial results with net revenue of $12.4 million, up 39.2% year-over-year, and Adjusted EBITDA of $0.7 million. The company achieved significant market share across categories: 2.0% in flower/pre-rolls, 5.1% in premium flower/pre-rolls, and 14.7% in resin vapes. Key developments include removing conditions for the Hope Facility acquisition, which will increase production capacity by 40% (4,500 kg annually), and completing a $4.5 million private placement. The company also received GACP certification and completed its first shipment to Europe. Despite positive revenue growth, the company reported a net loss of $322,064 for Q1 2025, though this represents an improvement from the $1.89 million loss in Q1 2024.

Rubicon Organics (ROMJF) has cleared all conditions precedent for acquiring the Hope Facility from Medipharm Labs Inc. The facility is a 47,500 square foot indoor cultivation facility located in Hope, British Columbia. This strategic acquisition is expected to significantly expand Rubicon's premium cannabis production capacity.

The company, which specializes in organic certified and premium cannabis products, anticipates closing the acquisition in the second quarter. CEO Margaret Brodie emphasized that this acquisition represents a pivotal step in meeting growing demand for their premium brands, accelerating innovation, and creating long-term shareholder value.

Rubicon Organics (TSXV: ROMJ) (OTCQX: ROMJF), a licensed producer specializing in organic certified and premium cannabis products, has scheduled its Q1 2025 financial results announcement for Tuesday, May 27, 2025, after market close.

The company will host a conference call to discuss the results on Wednesday, May 28, 2025, at 7:00 AM PT / 10:00 AM ET. Investors can join via local dial-in (+1 (289) 514 5100) or toll-free North America (+1 (800) 717 1738) using conference ID 34244.

Rubicon Organics (ROMJF) has appointed Glen Ibbott, former CFO of Aurora Cannabis, as its Interim Chief Financial Officer, effective May 15, 2025. Ibbott replaces Janis Risbin, who will transition to an advisory role. With over 25 years of leadership experience in publicly-traded companies, Ibbott is known for his significant role at Aurora Cannabis (2017-2024), where he drove rapid growth and achieved positive EBITDA. His experience includes senior finance roles at healthcare companies and a crucial role in QLT Inc.'s $500 million merger with Aegerion Pharmaceuticals.

Ibbott, who holds dual CPA designations and MBAs from Cornell and Queen's University, joins Rubicon as the company plans to scale new capacity and explore international markets. The company has initiated a search for a permanent CFO, considering both internal and external candidates.