VANCOUVER, British Columbia, January 6, 2023 (GLOBE NEWSWIRE) — Rubicon Organics Inc. ROMJ ROMJF (“Rubicon” or the “Company”) announces that it has granted 1,055,000 stock options under the Company’s stock incentive plan (the “Plan”).

The Company has granted stock options to certain employees of Rubicon to purchase an aggregate of 1,055,000 common shares at a price of $0.90 per share for a period of five years. The stock options vest annually in equal tranches over three years.

ABOUT RUBICON ORGANICS INC.

Rubicon Organics Inc. is the global brand leader in premium organic cannabis products. The Company is vertically integrated through its wholly owned subsidiary, Rubicon Holdings Corp, a licensed producer. Rubicon Organics is focused on delivering industry-leading profitability through its premium cannabis flower, product innovation and brand portfolio management, including its flagship super-premium brand Simply Bare™ Organic, its premium flower and hash brand 1964 Supply Co.™, its premium concentrate brand LAB THEORY™, its mainstream brand Homestead Cannabis Supply™ and its topical brand Wildflower™.

The Company ensures the quality of its supply chain by growing, processing, marketing and selling organically certified, sustainably produced, super premium cannabis products from its state-of-the-art, glass-roofed facility in Delta, BC, Canada.

CONTACT INFORMATION

Margaret Brodie
Interim CEO & CFO
Telephone: +1 (437) 929-1964
E-mail: ir@rubiconorganics.com

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Cautionary Statement Regarding Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. All statements that are not historical facts, including but not limited to statements regarding future estimates, plans, programs, …