Rubicon Organics to Report Q4 2023 Results
14 March 2024 - 11:00AM
Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon
Organics” or the “Company”), a licensed producer focused on
cultivating and selling organic certified, premium cannabis
products, is pleased to announce that it will be reporting its
financial results for the year ended December 31, 2023 (“Q4 2023”)
after market close on Wednesday, March 27, 2024.
The Company will be hosting a conference call to
discuss Q4 2023 results on Thursday, March 28, 2024. Conference
call details are as follows:
Time: |
7:00 AM PT / 10:00 AM ET |
Conference ID: |
60125 |
Local dial-in: |
+1-289-514 5100 |
Toll Free N. America: |
+1-800-717-1738 |
Webcast: |
https://onlinexperiences.com/Launch/QReg/ShowUUID=9301B4F8-90BC-41BC-B6FD-2A7014DDDD65 |
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 BrodieCEOPhone: +1-437-929-1964Email:
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, the impact on revenue of new
products and brands entering the market, and the timing of
achieving Adjusted EBITDA profitability and cash flow positive.
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.
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