Rubicon Organics Inc. (ROMJ:TSXV)
Rubicon is a leading producer of premium certified organic cannabis in Canada, holding top market share in multiple categories and growing revenue at 44% CAGR since 2020 while maintaining profitability since 2022.
The newly acquired Cascadia facility will increase production capacity by 40%, positioning the Company for accelerated growth and improved economies of scale in 2026.
ROMJ has a seasoned management team with backgrounds in cannabis, CPG, and finance, led by CEO Margaret Brodie and former Aurora Cannabis CFO Glen Ibbott, underpinning disciplined execution and sustainable growth.
With forecasted 16% adjusted EBITDA margins in 2027E, Rubicon trades at just 3.8x 2026E EBITDA, a discount to peers and the historical valuations of LPs.
Investment Summary
Rubicon Organics is a Canadian leader in premium, certified organic cannabis. With a vertically integrated model and strong national distribution, the company is scaling a house of trusted, high-performing brands including Simply Bare™ Organics, 1964 Supply Co.™, Wildflower™, and Homestead Cannabis Supply™.
Company Description
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