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Published on May 7, 2024 • 3 minutes reading time
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VANCOUVER, British Columbia, May 7, 2024 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer specializing in the cultivation and Selling certified organic, premium cannabis products, is pleased to announce that it will report its financial results for the three months ended March 31, 2024 (“Q1 2024”) after market close on Wednesday, May 15, 2024 .
The Company will host a conference call to discuss first quarter 2024 results on Thursday, May 16, 2024. The details of the conference call are as follows:
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ABOUT RUBICON ORGANICS INC.
Rubicon Organics Inc. is the global brand leader for high-quality organic cannabis products. The Company is vertically integrated through its wholly owned subsidiary, Rubicon Holdings Corp., a licensed manufacturer. 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 Simply Bare™ Organic brand, its premium 1964 Supply Co™ brand 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 growing, processing, labeling and selling organically certified, sustainably produced, super-premium cannabis products at its state-of-the-art, glass-roofed facility in Delta, BC, Canada.
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CONTACT INFORMATION
Margaret Brodie
CEO
Telephone: +1 (437) 929-1964
Email: [email protected]
The TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts no responsibility for the adequacy or accuracy of this 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, but not limited to, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance and statements regarding the purpose of Rubicon Organics to achieve industry-leading profitability are “forward-looking”. -looking statements”. Forward-looking information can be identified by the use of words such as “will” or variations of such words, or by 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 differ materially 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 made by management under the circumstances, the impact on sales of new products and brands entering the market and the timing of achieving positive adjusted EBITDA profitability and cash flow considers appropriate. Risks and uncertainties associated with the forward-looking information in this press release include, but are not limited to, dependence on obtaining and maintaining governmental approvals, including the acquisition and renewal of federal, provincial, municipal or other licenses, and the eventual inability to do so , to obtain all necessary official approvals and permits for the timely construction of its facilities; regulatory or policy changes, such as B. Changes in applicable laws and regulations, including bureaucratic delays or inefficiencies or other reasons; any other factors or developments that may impede market growth; Rubicon Organics’ limited operating history and lack of historical profits; dependence on management; the impact of capital market conditions and other factors on capital availability; the Company’s ability to attract and retain qualified personnel; competition, including from more established or better funded competitors; the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers.
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These factors should be carefully considered 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 could cause actions, events or results to differ materially deviate from the expected. appreciated 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 undertakes no obligation to update any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law.
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