Super-Premium, Certified Organic Cannabis Producer Receives New Cultivation & Processing Licenses under the Cannabis Act
VANCOUVER, Feb. 4, 2019, 07:00 ET /CNW/ – Rubicon Organics Inc. (CSE:ROMJ) (OTCQX:ROMJF) (“Rubicon Organics” or the “Company”), a super-premium, organic cannabis producer with operations in Canada, Washington and California, is proud to announce that its wholly owned subsidiary Vintages Organic Cannabis Company Inc., has been awarded cultivation and processing licenses from Health Canada pursuant to the Cannabis Act (the “Cultivation & Processing Licenses”). Rubicon Organics is positioned to expand its leadership presence by providing super-premium, certified organic products for recreational and medical use in Canada and for export to international markets.
The Cultivation & Processing Licenses were awarded to Rubicon Organics’ 20-acre property with a state-of-the-art 125,000 sq. ft. facility in British Columbia. The facility has been specifically designed to be the best of both worlds, by utilizing both industry leading LED technology and supplemental sunlight allowing Rubicon Organics to produce organic cannabis at scale at the highest possible quality.
“Our next generation facility design when paired with our proprietary certified organic production system results in terpene and cannabinoid levels that will be unrivalled in Canada” said Jesse McConnell, Co-Founder and CEO of Rubicon Organics. “Our team is fully invested in understanding the Canadian marketplace and consumer, and we are excited to introduce our premium quality, terpene rich organic cannabis products through our recreational and medical cannabis brands in 2019.”
The Cultivation & Processing Licenses allow Rubicon Organics to bring in an extensive library of unique and proven genetic starting materials with their first harvest anticipated in Q2 2019.
ABOUT RUBICON ORGANICS INC.
Rubicon Organics Inc. (“Rubicon Organics” or the “Company) (CSE:ROMJ) (OTCQX:ROMJF) is a Licensed Producer focused on building super-premium organic cannabis brands with operations in Canada, Washington and California. Rubicon Organics’ flagship Canadian facility is a 125,000 sq. ft. state-of-the-art hybrid greenhouse with industry leading LED lighting and is located on a 20-acre property in Delta, British Columbia. Rubicon Organics’ Washington facility is a newly constructed, 40,000 sq. ft hybrid greenhouse and extraction facility. The Company holds the intellectual property to produce premium, certified organic cannabis at high margin, while utilizing environmentally sustainable production methods. Rubicon Organics will begin cultivation in Q1 2019 with a combined Phase I capacity of 15,500 kg, including 4,500 kg leased to a Washington State licensed operator applying Rubicon Organics’ cultivation methods. The Company also owns two award-winning U.S. cannabis brands: 1964 Supply Co.Ô in California and Doctor & Crook Co.Ô in Washington.