Bullboard - Stock Discussion Forum Rubicon Organics Inc ROMJF

Primary Symbol: V.ROMJ

Healthcare Cannabis

Rubicon Organics Inc. is a Canada-based company that is engaged in the production and sale of cannabis products. The Company, through its subsidiary, Rubicon Holdings Corp, is a licensed producer. The Company is engaged in cultivating, processing and selling organic certified cannabis products, which it sells under its owned and licensed brands. The Company's brands portfolio includes Simply... see more

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TSXV:ROMJ - Post Discussion

Rubicon Organics Inc > This is GOOD!!

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Post by zack50 on Mar 15, 2021 1:31pm

This is GOOD!!

Between March 8-11, billionaire businessman Pierre Lassonde, with an ownership position exceeding 10 per cent, invested over $2-million in shares of cannabis producer Rubicon Organics. He purchased a total of 687,439 shares at an average cost per share of approximately $3.03 for an account in which he has indirect ownership (Firelight Holdings LLC).

Mr. Lassonde is the co-founder and chair emeritus of Franco-Nevada Corp. and the former president of Newmont Mining Corp.

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Comment by Andrew73 on Mar 15, 2021 1:42pm

Agreed! Rubicon is trading at half the valuation of VFF, a fraction of the value of OGI and 25% of the value of TGOD. Lots of upside remains.

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Comment by zack50 on Mar 15, 2021 1:48pm

Andrew73... Won't take long... up nearly 12% as I post! I'm sure the connection to Pierre Lassonde purchasing $2m worth of shares has something to do with this.

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