Rubicon Organics Reports Third Quarter 2023 Financial Results
November 14, 2023Reporting Quarter of Net Revenue of $10.0 million, AEBITDA Profitability, and Positive Operating Cashflow
Catch up on the latest news across our facility, executive and portfolio of brands.
Reporting Quarter of Net Revenue of $10.0 million, AEBITDA Profitability, and Positive Operating Cashflow
Rubicon Organics Inc entered into an agreement with The Valens Company to provide organic certified extraction services.
Aggregate gross proceeds of approximately $23 million, including full exercise of the over-allotment option granted.
The Underwriters have agreed to purchase, on a bought deal basis, 5,263,158 units of the Company at a price of $3.80.
Announcing market share milestones across our portfolio achieved in the fourth quarter of 2020.
Rubicon Organics now able to sell LAB THEORY™ brand of concentrate products directly to provinces and distributors