US EditionRubicon Organics Reports Q1 2025 Financial and Operating Results
- Rubicon Organics Inc. Reported Q1 2025 financial results on May 27 from Vancouver, achieving $12.4 million net revenue and positive EBITDA.
- The 39% year-over-year revenue increase and EBITDA improvement reflect Rubicon's focus on premium organic cannabis, innovation, and operational execution.
- Rubicon removed all conditions for acquiring the Hope Facility, which will add 4,500 kgs annual production, increasing capacity by 40% and expected to generate revenue in 2026.
- The company completed a $4.5 million private placement to support expansion and reported market shares of 2% in flower, 14.7% in resin vapes, and 26.7% in premium edibles.
- Rubicon expects continued net revenue and EBITDA growth driven by strategic initiatives despite short-term Hope Facility costs and regulatory risks outlined in their 2025 disclosures.
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Rubicon Organics Reports Q1 2025 Financial and Operating Results
Achieved net revenue of $12.4 million, representing a 39.2% increase compared to the same quarter in prior yearGenerated Adjusted EBITDA1 of $0.7 million, an improvement of $1.1 million year-over-yearRemoved conditions precedent for the purchase of the Hope Facility, advancing strategic…
·Peterborough, Canada
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Rubicon reports year-over-year increase in net revenue in Q1 2025
Rubicon Organics achieved $12.4 million in net revenue in the three months ended March 31, 2025 (Q1 2025), gross profit of $4.2 million, and a... The post Rubicon reports year-over-year increase in net revenue in Q1 2025 appeared first on StratCann.
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