Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon
Organics”, “Rubicon”, or the “Company”), a licensed producer
focused on cultivating and selling organic certified, premium
cannabis, is thrilled to unveil its latest innovation - the 1964
Supply Co.™ Full Spectrum Extracts (FSE) Resin 510 Vapes.
The 1964 Supply Co.™ portfolio extension
represents a strategic move by Rubicon Organic to tap into the
fast-growing Canadian cannabis category, vapes. Our premium vapes
are designed with a clear mission: to attract legacy consumers into
the legal market by offering superior products that deliver an
experience reminiscent of their favorite legacy market
offerings.
At the heart of the 1964 Supply Co.™ brand
are two classic cultivars, Blue Dream and Comatose, which were
carefully selected as the first two vapes offerings due to their
sought-after aromas and renowned effects. The Rubicon Organics team
has worked hard to ensure that the chosen extraction method would
best preserve the natural essence of these cultivars, delivering a
true-to-flower experience that will set apart the 1964 Supply
Co.™ vapes from our competitors.
Every 1964 Supply Co.™ FSE resin vape will
be available in premium 510 hardware that was tested to meet the
Company's rigorous quality standards. These vapes will soon be
available to consumers in all major provinces, including British
Columbia, Alberta, and Ontario.
"By utilizing our own premium flower, we can
ensure that every 1964 Supply Co.™ vape maintains the
exceptional quality and consistency that our consumers have come to
expect from our brand,” says Melanie Ramsey, Chief Commercial
Officer.
Beyond meeting the consumers needs for high
quality vapes, the launch of the 1964 Supply Co.™ FSE resin
510 vapes represents a significant milestone in Rubicon Organics'
strategic growth plan. It not only expands the Company's product
portfolio, but also serves to capture market share in the fast
growing premium Canadian cannabis vapes segment. By offering a
convenient and high-quality vaping experience, Rubicon Organics
aims to recruit new consumers while solidifying its position as a
leading player in the Canadian cannabis market.
For more information about Rubicon Organics and
its 1964 Supply Co.™ brand, please visit
https://www.1964supplyco.com.
ABOUT RUBICON ORGANICS INC.
Rubicon Organics Inc. is the global brand leader
in premium organic cannabis products. The Company is vertically
integrated through its wholly owned subsidiary Rubicon Holdings
Corp, a licensed producer. Rubicon Organics is focused on achieving
industry leading profitability through its premium cannabis flower,
product innovation and brand portfolio management, including three
flagship brands: its super-premium brand Simply Bare™ Organic, its
premium brand 1964 Supply Co™, and its cannabis wellness brand
Wildflower™ in addition to the Company’s mainstream brand Homestead
Cannabis Supply™.
The Company ensures the quality of its supply
chain by cultivating, processing, branding and selling organic
certified, sustainably produced, super-premium cannabis products
from its state-of-the-art glass roofed facility located in Delta,
BC, Canada.
For media inquiries, please contact:
Mathieu Aubin – VP Marketing and New
Business
Email: info@1964supplyco.com
Phone: +1 (437) 929-1964
The TSX Venture Exchange or its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) does not accept 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,
forecasts, projections, objectives, assumptions, expectations or
beliefs of future performance, statements regarding Rubicon
Organics’ goal of achieving 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
word or statements that certain actions, events or results “will”
be taken, occur or 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 upon certain assumptions
that management considers reasonable in the circumstances,
including the expected timing of launch of the Cannabis-Infused
Poutine Sauce into various markets in Canada. Risks and
uncertainties associated with the forward looking information in
this press release include, among others, dependence on obtaining
and maintaining regulatory approvals, including acquiring and
renewing federal, provincial, local or other licenses and any
inability to obtain all necessary governmental approvals licenses
and permits for construction at its facilities in a timely manner;
regulatory or political change such as changes in applicable laws
and regulations, including bureaucratic delays or inefficiencies or
any other reasons; any other factors or developments which may
hinder market growth; Rubicon Organics’ limited operating history
and lack of historical profits; reliance on management; the effect
of capital market conditions and other factors on capital
availability; the Company’s ability to attract and retain skilled
staff; 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 forward-looking statements. Rubicon Organics assumes
no obligation to update any forward-looking statement, even if new
information becomes available as a result of future events, new
information or for any other reason except as required by law.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/7168957b-2f21-453d-99b9-0e17fdf0b1e1
https://www.globenewswire.com/NewsRoom/AttachmentNg/e094dcdf-540c-4bfc-a51e-e9358fff7b9d
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