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Rubicon Organics Inc V.ROMJ

Alternate Symbol(s):  ROMJF

Rubicon Organics Inc. is a Canada-based company offering premium organic cannabis products. The Company is vertically integrated through its wholly owned subsidiary Rubicon Holdings Corp, a licensed producer. The Company's three flagship brands consist of 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. It ensures the quality of its supply chain by cultivating, processing, branding and selling organic certified, sustainably produced, super-premium cannabis products from its glass roofed facility located in Delta, British Columbia, Canada. It operates a 125,000 square foot high-tech greenhouse located on a 20-acre property (Delta Facility). The Delta Facility utilizes cold cure processing rooms for processing dried flower, performing solvent-less extraction, and packaging finished goods.


TSXV:ROMJ - Post by User

Bullboard Posts
Comment by Andrew73on Nov 27, 2018 2:03pm
125 Views
Post# 29028675

RE:RE:RE:RE:RE:Latest Interview from Cannabis Conference Frankfurt

RE:RE:RE:RE:RE:Latest Interview from Cannabis Conference FrankfurtComments on JMark80's response and at least he admitted he was wrong re licensing in Canada. Re timing of first sale - why would they not be able to sell product from the WA facility by Q2?! It is fully built with the growing team and distribution in place - it takes 3-4 months for a crop so they have a 3 month buffer to hit this milestone?! Re value of WA assets - 1) this company can grow at industry leading low costs and be able to sell products at the highest prices - the point is whether WA is valued at USD$40m or USD$90m, when this operation is combined with the CDN assets that are 3x as large and will be in production this year with first sale by Q2 next year, the business will be worth far more than where the company is currently trading (CDN$74m). 2) you mentioned "Value of their assets is also public information, and it is significantly less than $90mm" - please tell me you are not referring to the book value of their assets as a proxy for what the public market valuation should be?!?!
Bullboard Posts