VANCOUVER, British Columbia, Oct. 28, 2025 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer engaged in the cultivation and sale of certified organic and premium cannabis, is pleased to announce the publication of its fifth annual Environmental, Social and Governance (“ESG”) report. Report”) for the year ended December 31, 2024.
Rubicon Organics remains committed to integrating environmental, social and governance (ESG) principles into its operations, strengthening its leadership in the sustainable cannabis industry in Canada. This ESG report, covering the period from January 1 to December 31, 2024, demonstrates the Company's ongoing commitment to transparency, resource efficiency and responsible business practices. It reflects Rubicon's core values of Quality, Integrity, Freedom and Excellence and the measurable impact of its ESG efforts over the past five years.
Highlights:
- Business growth: Net revenue growth has increased 410% since the publication of our first annual ESG report, from $9.4 million in 2020 to $49 million in 2024.
- Control: Our board of directors' independent and experienced oversight and transparent disclosure, including CEO compensation, continue to set the tone for excellence and leadership in the industry.
- Wednesday: Despite net revenue growth of 410% over 5 years, our energy consumption only grew by 17% and water consumption by 58%, driven by initiatives such as going online and introducing drip irrigation.
- Social media: People remain our greatest strength. In 2024, 80% of employees expressed pride in working for Rubicon Organics, and participation in engagement surveys among our employees reached 86%, excluding temporary foreign workers (“TFW”), and 94% among TFWs. Health and safety are now at the core of our culture and ESG performance.
“I am proud of Rubicon Organics' five years of ESG leadership in the cannabis sector. This annual report underscores our commitment to transparency, strong governance and a passionate people driven by the belief that a responsible and sustainable industry starts with us. Our vision remains clear – to be the most trusted home of premium cannabis brands, creating memorable experiences for people around the world.” Margaret Brody, CEO of Rubicon Organics
Click https://www.rubiconorganics.com/our-business/esg-reporting/ to read a copy of the full report.
ABOUT RUBICON ORGANICS INC.
Rubicon Organics is Canada's leader in certified organic and premium cannabis. Through a vertically integrated model and strong national distribution, the company is expanding its network of trusted, high-performing brands including Simply Bare™ Organics, 1964 Supply Co.™, Wildflower™ and Homestead Cannabis Supply™.
The company's manufacturing base is based at the Pacifica (Delta, British Columbia) facility and is now complemented by the acquisition and licensing of the Cascadia (Hope, British Columbia) facility, which will increase production capacity by more than 40% and support future growth in both domestic and export markets. With proprietary genetics, award-winning products and certifications that provide international distribution, Rubicon is a leader in the premium cannabis segment.
As the Canadian market continues to streamline and global demand for high-quality cannabis grows, Rubicon Organics' disciplined execution, brand equity and consumer loyalty set it apart. The Company's focus on superior quality, innovation and responsive execution has resulted in consistent revenue growth and positive adjusted EBITDA.
Rubicon Organics represents a rare combination of category leadership, operational strength and long-term growth potential.
CONTACT INFORMATION
Margaret Brodie
General manager
Phone: +1 (437) 929-1964
E-mail: [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 press 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, without limitation, statements regarding future estimates, plans, programs, projections, projections, goals, assumptions, expectations or beliefs regarding future performance, statements regarding Rubicon Organics' goal to achieve industry-leading profitability, are “forward-looking statements.” Forward-looking information can be identified by the use of words such as “will” or variations of such a word or statements that certain actions, events or results “will” be taken, will occur or will be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different 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 that management believes are reasonable in the circumstances. Risks and uncertainties associated with the forward-looking information in this press release include, but are not limited to, dependence on the receipt and maintenance of regulatory approvals, including the acquisition and renewal of federal, provincial, local or other licenses, and any failure to timely obtain all necessary governmental approvals, licenses and construction permits at its facilities; regulatory or policy changes, such as changes in applicable laws and regulations, including bureaucratic delays or inefficiencies or any other reasons; any other factors or events that may impede market growth; Rubicon Organics' limited operating history and lack of historical earnings; dependence on management; the impact of capital market conditions and other factors on the availability of capital; the Company's ability to attract and retain qualified personnel; competition, including from more established or better financed competitors; the need to secure and maintain corporate alliances and partnerships, including with customers and suppliers.
These factors should be considered carefully 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 cause actions, events or results to differ from those anticipated, estimated 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 the forward-looking statements. Rubicon Organics undertakes no obligation to update any forward-looking statements, even if new information becomes available as a result of future events, new information or for any other reason, except as required by law.
