Rubicon Organics (ROMJ) Investor presentation summary

Positioning and brands

• Vision centers on becoming a trusted house of premium cannabis brands; positioned as Canada’s #1 premium licensed producer based on Hifyre premium product dollar sales, June 2025–June 2026.

• Two British Columbia cultivation facilities support craft quality at commercial scale; brands include 1964 Supply Co., Simply Bare Organic, Wildflower and Homestead.

• Q2 2026 premium market share was 6.8%; category leadership included #1 national premium flower share at 9.7%, #1 topical product with over 30% category share, and #2 premium pre-roll share at 4.8%.

• The portfolio had 23 industry awards in 2024–26, including four Brand of the Year awards; Simply Bare Organic features FVOPA-certified organic, living-soil, hang-dried and non-irradiated products.

• A library of 500+ sought-after strains supports yield and extraction optimization, premium product positioning, consistent quality and limited-release genetics.

Production and growth initiatives

• Pacifica, a hybrid greenhouse in Delta, BC, has 11,000 kg current annual capacity and estimated capacity of 15,500 kg by June 2027 following lighting optimization; it also houses manufacturing, extraction and packaging.

• Cascadia, a purpose-built indoor facility in Hope, BC, has 4,500 kg annual capacity; first revenues began in Q2 2026, with GACP export certification.

• Combined annual production capacity is targeted to reach 20,000 kg by June 2027; Pacifica lighting upgrades are expected to lift its yields by ~40% and combined biomass supply by 29%.

• Pre-roll automation is in full production after rapid payback; in-house hydrocarbon extraction is targeted for commercialization in Q1 2027 to reduce third-party processing costs and support margin expansion.

• Yield initiatives include targeted fertilization and hydroponics changes, plus data-driven cultivar placement; output improvements are intended to raise gross margins and reduce cultivation costs as a share of revenue.

Financial performance

• FY2025 net revenue was $59.5M, up 22% YoY; gross profit before fair value adjustments was $19.5M, up 27%, and gross margin before fair value adjustments was 33%, up 2 percentage points.

• FY2025 adjusted EBITDA was $5.0M, up 25% YoY; net income was $1.1M versus a $2.6M loss in FY2024.

• Q2 2026 net revenue was $18.5M, up 23% YoY; gross profit before fair value adjustments was $5.4M, up 6%.

• Q2 2026 gross margin before fair value adjustments was 30% versus 35% in Q2 2025; adjusted EBITDA was $1.1M versus $1.4M, and net income was $0.4M versus $0.8M.

• Q2 2026 operating cash outflow was $1.7M and cash on hand was $3.0M, compared with $0.7M operating cash inflow and $7.3M cash on hand in Q2 2025.