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VANCOUVER, British Columbia, April 27, 2026 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), Canada’s leading premium licensed producer focused on cultivating and selling premium and super-premium cannabis products, is pleased to announce that it will be reporting its financial results for the period ended March 31, 2026 (“Q1 2026”) after market close on Wednesday May 13, 2026. The Company also advises that it has entered into an amendment to temporarily increase its $1.0 million line of credit agreement with Community Savings Credit Union (“CSCU” or the “Lender”) to $2.5 million (the “Amendment”).
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Q1 2026 Conference Call
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The Company will be hosting a conference call to discuss the results on Thursday, May 14, 2026. Conference call details are as follows:
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| Time: | 7:00 AM PT / 10:00 AM ET |
| Conference ID: | 07358 |
| Local dial-in: | (+1) 289 514 5100 |
| Toll Free N. America: | (+1) 800 717 1738 |
| Webcast: | https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=21FEC8DB-8637-4750-BECF-25BDBF489660 |
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Line of Credit Amendment
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The Company entered into an original Line of Credit agreement in November 2025 for $1.0 million which bears interest at a rate of CSCU Basic Lending Rate plus 5.50%, calculated on a monthly basis and secured against the Cascadia facility. An Amendment to increase the Line of Credit amount to $2.5 million was finalized today, April 27, 2026 and will be used by the Company to fund working capital investment as the Company brings product from its Cascadia cultivation facility to market. The increase to the Line of Credit is temporary and will expire on September 30, 2026 following which the available credit will revert to the original amount of $1.0 million.
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ABOUT RUBICON ORGANICS INC.
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Rubicon Organics is the Canadian leader in certified organic and premium cannabis. With a vertically integrated model and strong national distribution, the company is scaling a house of trusted, high-performing brands including Simply Bare™ Organics, 1964 Supply Co.™, Wildflower™, and Homestead Cannabis Supply™.
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The Company operates two complementary cultivation facilities in British Columbia: the flagship 125,000-square-foot Pacifica hybrid greenhouse in Delta and the 47,500-square-foot Cascadia indoor facility in Hope, acquired in 2025 and expected to increase annual production capacity by approximately 40% and begin generating revenue in the first half of 2026.
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With proprietary genetics, award-winning products, and certifications enabling international distribution, Rubicon is positioned at the forefront of the premium cannabis segment.
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As the Canadian market continues to evolve and global demand for high-quality cannabis increases, Rubicon Organics’ disciplined execution, brand equity, and consumer loyalty set it apart. The Company’s continued focus on premium quality, thoughtful innovation, and operational excellence has supported steady revenue growth and positive Adjusted EBITDA.
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