Rubicon Organics Marks Cascadia Facility Grand Opening with Completion of First Harvest
Rhea-AI Summary
Rubicon Organics (OTCQX: ROMJF) completed the first harvest at its new Cascadia facility in Hope, British Columbia, on February 19, 2026. Cascadia is fully planted and increases Rubicon’s premium production capacity by an estimated 40%, with an estimated annual capacity of 4,500 kg.
Management says the facility ramp-up was completed on time and on budget; initial harvests are expected to be monetized in Q2 2026 and product quality is projected to reach flagship standards by mid-2026.
Positive
- Production capacity +40% from Cascadia
- Estimated 4,500 kg annual premium cannabis capacity
- First harvest complete and facility fully planted; sales expected Q2 2026
- Ramp-up on time and on budget, reducing execution risk
Negative
- Product quality expected to reach flagship standards only by mid-2026
- Further capacity gains depend on crop performance and genetics optimization
News Market Reaction
On the day this news was published, ROMJF gained 4.33%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- New facility “Cascadia” increases Rubicon’s production capacity by an estimated
40% , allowing the company to capture more of its unmet demand domestically and for branded international sales - Having executed the facility ramp-up on time and on budget, Cascadia is now fully planted
- Cascadia’s estimated production capacity is 4,500 kg of premium cannabis annually
VANCOUVER, British Columbia, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), Canada’s leading premium licensed producer focused on cultivating and selling premium and super-premium cannabis products, is pleased to announce that it has completed the first harvest of cannabis from its new facility (“Cascadia”) in Hope, British Columbia.
“The first harvest at Cascadia is a significant operational milestone for Rubicon Organics and demonstrates our consistent operational execution,” said Margaret Brodie, Chief Executive Officer. “With the facility now fully planted, we’ve expanded Rubicon’s premium capacity by
Since acquiring the facility in June 2025, the Company has prepared the site for commercial production through targeted capital investments, securing required licenses, commissioning the facility, and onboarding more than 30 operations team members. Capital expenditures at Cascadia included modifications to the facility layout and installation of new grow tables, both of which are expected to improve efficiency and increase annual production capacity. With Cascadia now fully planted, management anticipates the potential to further increase estimated annual production capacity over time as crop performance data is collected and selections from the Company’s world‑class genetics library are optimized. Initial harvests from Cascadia are expected to be monetized in Q2, with production quality projected to reach flagship‑brand standards by mid‑2026.
The Company will hold a grand opening event on-site at Cascadia today, February 19th to mark the milestone first harvest, bringing together employees and partners from government and industry who supported the project from acquisition through commissioning.
About the Cascadia facility
The Cascadia facility spans 47,500 square feet of purpose-built indoor capacity, and is equipped with advanced cultivation technology, supporting Rubicon’s strategy to expand its premium product offerings and increase supply to meet rising demand. The Company currently estimates annual production capacity of the Hope Facility to be up to 4,500 kgs.
ABOUT RUBICON ORGANICS INC.
Rubicon Organics is the Canadian leader in certified organic and premium cannabis. With a vertically integrated model and strong national distribution, the company is scaling a house of trusted, high-performing brands including Simply Bare™ Organics, 1964 Supply Co.™, Wildflower™, and Homestead Cannabis Supply™.
The Company’s production base is anchored by its Pacifica facility (Delta, BC) and is now complemented by the acquisition and licensing of its Cascadia facility (Hope, BC), which will expand production capacity by over
As the Canadian market continues to evolve and global demand for high-quality cannabis increases, Rubicon Organics’ disciplined execution, brand equity, and consumer loyalty set it apart. The Company’s continued focus on premium quality, thoughtful innovation, and operational excellence has supported steady revenue growth and positive Adjusted EBITDA.
Rubicon Organics represents a rare combination of category leadership, operational strength, and long-term growth potential.
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 on certain assumptions that management considers reasonable under the circumstances, including expectations regarding the performance of the Cascadia facility, anticipated production capacity, and demand for premium cannabis products. These statements are based on current expectations, estimates, and projections about the Company’s business and the industry in which it operates. Risks and uncertainties associated with the forward-looking information in this press release include, among others, risks related to regulatory approvals, changes in market conditions, competition, supply chain disruptions, the Company's ability to maintain certification standards, and the successful implementation of its business strategy. 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
How much did Rubicon Organics (ROMJF) increase production capacity with Cascadia on Feb 19, 2026?
When will Cascadia's first harvest from Rubicon Organics (ROMJF) be sold to generate revenue?
Did Rubicon Organics (ROMJF) complete Cascadia on schedule and within budget?
What quality and timing should investors expect from Cascadia products from ROMJF?
Will Cascadia support Rubicon Organics (ROMJF) sales outside Canada?
