Rubicon Organics reports increase in revenue and improved EBITDA, positioning for growth
From GlobeNewswire: 2025-05-27 22:00:00
Rubicon Organics Inc. reported a 39.2% increase in net revenue to $12.4 million for Q1 2025, along with an improved Adjusted EBITDA of $0.7 million. The company removed conditions for the purchase of the Hope Facility and completed a private placement for $4.5 million in gross proceeds. With strategic expansions and operational efficiency in mind, Rubicon Organics is well-positioned for growth both in Canada and internationally. The company also achieved national market shares in various product categories and won awards for its products, solidifying its position in the premium cannabis market.
Read more at GlobeNewswire: Rubicon Organics Reports Q1 2025 Financial and Operating
