Bullboard - Stock Discussion Forum Rubicon Organics Inc V.ROMJ

Alternate Symbol(s): ROMJF

Healthcare Cannabis

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... 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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