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 brings over 25 years of leadership experience in publicly-traded life sciences and cannabis companies, having played a crucial role in Aurora Cannabis's growth and international expansion [3] - The CEO, Margaret Brodie, expressed confidence in Ibbott's strategic insight and financial acumen, which have already positively impacted the company's operations [2] Production and Capacity Expansion - Rubicon's production base is anchored by its Pacifica facility in Delta, BC, and is set to expand by over 40% with the acquisition and licensing of the Cascadia facility in Hope, BC [5] - The company is positioned to support future growth in both domestic and export markets through proprietary genetics and award-winning products [5] Market Position and Growth Potential - As the Canadian cannabis market rationalizes and global demand for high-quality cannabis increases, Rubicon's disciplined execution and brand equity differentiate it from competitors [6] - The company has demonstrated consistent revenue growth and positive Adjusted EBITDA, indicating strong operational performance and long-term growth potential [6]