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Rubicon Organics Reports 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024

2023 and Subsequent Sales & Operational Highlights:

Key Points: 
  • 2023 and Subsequent Sales & Operational Highlights:
    Rubicon Organics has established high-quality partnerships for contract grow and co-manufacturing to complement our own premium production and to satisfy the increasing demand for our brands.
  • Simply Bare™ Organic launched infused pre-rolls under the Simply Bare™ Organic brand, including the “Layer J” in BC and Ontario in October 2023.
  • The Company appointed Margaret Brodie as permanent Chief Executive Officer and Janis Risbin as Chief Financial Officer.
  • Q4 2023 Financial and Market Share Highlights:
    For the three months ended December 31, 2023
    The Company will be hosting a conference call to discuss Q4 2023 results on Thursday, March 28, 2024.

Rubicon Organics Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 15, 2023

Following up on the success of the initial two flavour launch in the second quarter, 1964 Supply CoTM has rolled out three additional flavours.

Key Points: 
  • Following up on the success of the initial two flavour launch in the second quarter, 1964 Supply CoTM has rolled out three additional flavours.
  • In October 2023, Simply Bare TM Organic launched a new 2-gram hash, “New School Hash” available in BC, Ontario, Alberta and Quebec.
  • Rubicon Organics has set out four key priorities for 2023:
    Our priority is delivering super-premium quality cannabis flower products in the Canadian market.
  • The Company will be hosting a conference call to discuss Q3 2023 results on Wednesday, November 15, 2023.

New Guidance Issued on the Determination of Brain Death AAN, AAP, CNS and SCCM Develop Consensus Practice Guideline

Retrieved on: 
Thursday, October 12, 2023

MINNEAPOLIS, Oct. 11, 2023 /PRNewswire/ -- New guidance has been issued for clinicians on the determination of brain death, also known as death by neurologic criteria.

Key Points: 
  • MINNEAPOLIS, Oct. 11, 2023 /PRNewswire/ -- New guidance has been issued for clinicians on the determination of brain death, also known as death by neurologic criteria.
  • This guideline updates the 2010 AAN adult practice guidelines and the 2011 AAP/CNS/SCCM pediatric practice guidelines on the determination of brain death.
  • Because of a lack of high-quality evidence on the subject, the experts used an evidence-informed consensus process to develop the guideline.
  • The consensus practice guideline outlines the standardized procedure for trained clinicians to evaluate people for brain death.

Rubicon Organics Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 17, 2023

In the second quarter of 2023, Brightfield released its own survey of Canadian Budtenders and in those results, Simply BareTM Organic and 1964 Supply CoTM were identified as two of the top three most recommended brands by Canadian budtenders2.

Key Points: 
  • In the second quarter of 2023, Brightfield released its own survey of Canadian Budtenders and in those results, Simply BareTM Organic and 1964 Supply CoTM were identified as two of the top three most recommended brands by Canadian budtenders2.
  • Rubicon Organics has set out four key priorities for 2023:
    Our priority is delivering super-premium quality cannabis flower products in the Canadian market.
  • As part of this process, Rubicon is evaluating new information systems and expects to begin implementing new systems beginning in the second half of 2023.
  • The Company will be hosting a conference call to discuss Q2 2023 results on Thursday, August 17, 2023.

Rubicon Organics™ Announces New Product Launches Under Simply Bare™ Organic and 1964 Supply Co™ and the Further Expansion of Canada's Leading Topical Brand, Wildflower™

Retrieved on: 
Tuesday, August 8, 2023

”Guided by a commitment to continuous innovation; our focus at Rubicon Organics™ is on superior genetics and expansion into value added products.

Key Points: 
  • ”Guided by a commitment to continuous innovation; our focus at Rubicon Organics™ is on superior genetics and expansion into value added products.
  • Our highly anticipated summer launches range from new cultivars and formats through to an expansion of our sought-after live rosin edibles and Wildflower™ topicals.
  • BC Organic Jelly Breath: available in 3.5g and 28g flower and 3x0.5g infused and non-infused pre-rolls.
  • This indica dominant hybrid comes from the rare parents Scott’s OG x Biscotti is a FVOPA organic certified sweet treat.

Rubicon Organics Reports First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 23, 2023

For the three months ended March 31, 2023, production costs increased by $305,784 (13%) compared to the prior year.

Key Points: 
  • For the three months ended March 31, 2023, production costs increased by $305,784 (13%) compared to the prior year.
  • Rubicon Organics achieved Adjusted EBITDA1 profitability of $0.2 million and positive operating cash flow of $0.2 million for the three months ended March 31, 2023.
  • Rubicon Organics has set out four key priorities for 2023:
    Our priority is delivering super-premium quality cannabis flower products in the Canadian market.
  • The Company will be hosting a conference call to discuss Q1 2023 results on Tuesday, May 23, 2023.

Rubicon Organics Reports Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Monday, April 3, 2023

For the year ended December 31, 2022, production costs increased by $1.3 million (14%) compared to the prior year.

Key Points: 
  • For the year ended December 31, 2022, production costs increased by $1.3 million (14%) compared to the prior year.
  • Rubicon Organics achieved Adjusted EBITDA1 profitability of $1.9 million and positive operating cash flow of $2.0 million for the year ended December 31, 2022.
  • Rubicon Organics defined a three-pillar strategy for 2022 focused on yield and quality, improving product mix to optimize margin, and investigating the international market.
  • The Company will be hosting a conference call to discuss Q4 2022 results on Monday, April 3, 2023.

Meyer, Olson, Lowy & Meyers' Partners Lisa Helfend Meyer and Felicia Meyers Recognized as Inspirational Women Award Nominees

Retrieved on: 
Thursday, September 2, 2021

LOS ANGELES, Sept. 1, 2021 /PRNewswire/ -- Family law firm Meyer, Olson, Lowy & Meyers (MOLM) announced today that Partners Lisa Helfend Meyer and Felicia R. Meyers have been recognized as a nominees by Los Angeles Times B2B Publishing for its inaugural 'Inspirational Women Awards.'

Key Points: 
  • LOS ANGELES, Sept. 1, 2021 /PRNewswire/ -- Family law firm Meyer, Olson, Lowy & Meyers (MOLM) announced today that Partners Lisa Helfend Meyer and Felicia R. Meyers have been recognized as a nominees by Los Angeles Times B2B Publishing for its inaugural 'Inspirational Women Awards.'
  • Lisa Helfend Meyer is a Certified Specialist in Family Law who specializes in complex and high asset marital dissolution cases as well as highly contested custody cases.
  • Lisa Helfend Meyer combines her skills as a litigator with her passion for learning about people and improving their lives.
  • Meyer, Olson, Lowy & Meyers , LLP is the preeminent female-owned family law firm in Southern California.