Rubicon Organics Announces Closing of its Previously Announced Credit Agreements with Community Savings Credit Union

Core Insights - Rubicon Organics Inc. has successfully closed Credit Agreements with Community Savings Credit Union, securing $3,000,000 from a Capital Loan and a $1,000,000 Line of Credit [1][2] - The funds will be utilized for margin accretive projects at the Pacifica and Cascadia Facilities, which are crucial for the company's growth strategy [2] Company Overview - Rubicon Organics is recognized as Canada's leading producer of certified organic and premium cannabis, operating a vertically integrated model with a strong national distribution network [3] - The company has a diverse portfolio of trusted brands, including Simply Bare™ Organics, 1964 Supply Co.™, Wildflower™, and Homestead Cannabis Supply™ [3] Production Capacity and Growth - The production base is anchored by the Pacifica facility in Delta, BC, and is enhanced by the newly acquired Cascadia facility in Hope, BC, which will increase production capacity by over 40% [4] - The company is positioned for future growth in both domestic and international markets, supported by proprietary genetics and certifications for international distribution [4] Market Position and Strategy - As the Canadian cannabis market evolves and global demand for high-quality cannabis rises, Rubicon Organics distinguishes itself through disciplined execution, brand equity, and consumer loyalty [5] - The company's focus on premium quality, innovation, and operational execution has led to consistent revenue growth and positive Adjusted EBITDA, highlighting its operational strength and long-term growth potential [5]