Record-Breaking Revenue and Growth
Rubicon Organics delivered a record net revenue of $15 million in Q2 2025, marking the highest ever for a single quarter, up 24% year-over-year and 21% sequentially.
Strong Performance Across Key Segments
The 1964 brand saw strong growth led by the pre-roll segment. The 510 live resin line, launched in Q2 2024, continued to gain momentum. Simply Bare Organic also delivered growth, driven by strong pre-roll sales.
Gross Margin Improvement
Gross profit before fair value adjustments was $5.1 million, up 40% from Q2 2024, with gross margin improving to 34% compared to 30% a year ago.
Positive Cash Flow and Financial Health
The company generated $800,000 in cash from operating activities in Q2 2025, compared to an operating cash outflow of $300,000 in Q2 2024. The quarter closed with $7.3 million in cash and a solid working capital position of $18.7 million.
Strategic Expansion with New Facility
The acquisition of the new facility in Hope, BC, is expected to increase production capacity by over 40%, positioning Rubicon Organics for long-term growth.
Innovation in Product Offerings
Launched BC Organic Sunset Runtz and the first all-in-one resin vape under the Comatose strain, contributing to product diversity and growth.
Strong Brand Positioning in Market
Rubicon holds the #1 position in premium edibles and continues to lead in the topical category with market's top-selling SKU.