Rubicon Organics Announces Appointment of Glen Ibbott as CFO

Core Insights - Rubicon Organics Inc. has appointed Glen Ibbott as Chief Financial Officer and Corporate Secretary, highlighting his extensive experience in the cannabis industry and previous role as CFO of Aurora Cannabis [1][2][3] Company Overview - Rubicon Organics is a licensed producer focused on cultivating and selling organic certified and premium cannabis products, positioning itself as a leader in the Canadian market [1][4] - The company operates a vertically integrated model with a strong national distribution network, featuring trusted brands such as Simply Bare™ Organics and 1964 Supply Co.™ [4] Leadership and Strategic Direction - Glen Ibbott has been recognized for his exceptional leadership and strategic insight during his interim CFO tenure, contributing significantly to the company's growth and operational scaling [2][3] - Ibbott's background includes over 25 years in financial leadership roles, with notable achievements at Aurora Cannabis, including international expansion and delivering recurring EBITDA [3] Production Capacity and Growth Potential - Rubicon's production capabilities are anchored by its Pacifica facility in Delta, BC, and the newly acquired Cascadia facility in Hope, BC, which will increase production capacity by over 40% [5] - The company is well-positioned to capitalize on the growing global demand for high-quality cannabis, supported by proprietary genetics and certifications for international distribution [5][6] Market Position and Financial Performance - As the Canadian cannabis market rationalizes, Rubicon Organics distinguishes itself through disciplined execution, brand equity, and consumer loyalty, driving consistent revenue growth and positive Adjusted EBITDA [6] - The company represents a combination of category leadership, operational strength, and long-term growth potential in the premium cannabis segment [6]