Rubicon Organics to Report Second Quarter 2022 Results

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VANCOUVER, British Columbia, July 29, 2022 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on growing and selling of Certified Organic, Premium Cannabis Products, is pleased to announce that it will release its financial results for the three and six months ended June 30, 2022 (“Q2 2022”) on Monday, August 15, 2022.

The company will host a conference call to discuss second quarter 2022 results on Monday, August 15, 2022. The details of the conference call are as follows:

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ABOUT RUBICON ORGANIQUE INC.

Rubicon Organics Inc. is the world 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 achieving industry-leading profitability with a focus on differentiated product innovation and brand portfolio management, including its flagship super premium brand Simply Bare™ Organic, its premium flower brand and 1964 Supply Co™ hash, its premium concentrate brand LAB THEORY™, and its consumer brand Homestead Cannabis Supply™. The company ensures the quality of its supply chain by growing, processing, marketing and selling certified organic cannabis products, produced sustainably and of high quality from its state-of-the-art glass-roofed facility located in Delta, British Columbia, Canada.

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CONTACT INFORMATION

Margaret Brodie
Financial director
Telephone: +1 (437) 929-1964
Email: ir@rubiconorganics.com

The TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts no responsibility for the adequacy or accuracy of this press release.

Caution 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, without limitation, statements regarding future estimates, plans, programs, forecasts, projections, goals, assumptions, expectations or beliefs regarding future performance, and statements such as the company’s intention to achieve industry-leading profitability are « forward-looking statements ». Forward-looking information can be identified by the use of words such as “will” or variations of such words or statements indicating that certain actions, events or results “will” be taken, occur or be achieved. These forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. The forward-looking information contained in this press release is based on certain assumptions that management considers reasonable under the circumstances, including that its capital requirements will be as currently projected. The risks and uncertainties associated with the forward-looking information contained in this press release include, among other things, information or statements regarding the Company’s expectations regarding the financial resources available to fund operations; Rubicon Organics’ limited operating history and lack of historical profits; obtain necessary regulatory approvals; that regulatory requirements will be maintained; general commercial and economic conditions; the Company’s ability to successfully execute its plans and intentions; the Company’s ability to obtain financing on reasonable terms through the sale of shares and/or debt commitments; the Company’s ability to attract and retain qualified personnel; market competition; products and technology offered by the Company’s competitors; that our current relationships with our suppliers, service providers and other third parties will be maintained; and the impact of the current global health crisis caused by the COVID-19 pandemic. These factors should be carefully considered and readers are cautioned not to place undue reliance on these forward-looking statements. Although Rubicon Organics has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other risk factors that cause the actions, events or results differ from those anticipated, estimated or expected. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in the forward-looking statements. Rubicon Organics undertakes no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason, except as required by law.