Core Viewpoint - Rubicon Organics Inc. is a leading premium licensed producer of organic cannabis in Canada, announcing the grant of 1,002,773 restricted share units (RSUs) and 1,002,773 performance share units (PSUs) to its executives and employees [1] RSU Grant - The company has awarded a total of 1,002,773 RSUs under its Omnibus Equity Incentive Plan, which will vest over one to three years from the grant date, allowing holders to receive one common share or cash at the Board's discretion [2] PSU Grant - A total of 1,002,773 PSUs have been granted, which will vest after three years based on the achievement of specific performance targets, with each vested PSU entitling the holder to one common share or cash at the Board's discretion [3] Company Overview - Rubicon Organics is recognized as the Canadian leader in certified organic and premium cannabis, operating a vertically integrated model with a strong national distribution network [4] - The company'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] Market Position and Growth Potential - As the Canadian cannabis market rationalizes and global demand for high-quality cannabis rises, Rubicon Organics distinguishes itself through disciplined execution, brand equity, and consumer loyalty [6] - The company's focus on premium quality, innovation, and operational execution has led to consistent revenue growth and positive Adjusted EBITDA, positioning it for long-term growth potential [6]
Rubicon Organics Announces Grant of RSUs and PSUs
Globenewswire·2026-01-16 02:05