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Rubicon Organics Inc - ROMJF STOCK NEWS

Welcome to our dedicated news page for Rubicon Organics (Ticker: ROMJF), a resource for investors and traders seeking the latest updates and insights on Rubicon Organics.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rubicon Organics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rubicon Organics's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.83%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
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conferences earnings
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
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none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
management
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News
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.45%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.8%
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none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-30.22%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.47%
Tags
conferences earnings
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Rhea-AI Summary
Rubicon Organics™ Inc. announces the launch of Wildflower™ brand edibles crafted with minor cannabinoids including CBD, CBN, and CBG. The edibles are made with all-natural ingredients and come in four flavors. They will be available in British Columbia starting October 2023 and in Alberta in November 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.21%
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none
Rhea-AI Summary
Rubicon Organics announces voting results from Annual General Meeting and appointment of Len Boggio as Chair of the Board
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Rubicon Organics Inc

OTC:ROMJF

ROMJF Rankings

ROMJF Stock Data

16.42M
31.36M
54.16%
1.33%
Medicinal and Botanical Manufacturing
Manufacturing
Link
Canada
Vancouver