Rubicon Organics Inc. that Julie Lassonde has been appointed to the Company’s Board of Directors after receipt of security clearance from Health Canada and the Company has received its first purchase order from the Northwest Territories Liquor and Cannabis Commission (“NTLCC”).
“We are proud of the balance of skill sets we have on our board of directors. Julie Lassonde has significant experience in corporate governance and capital markets, and we are excited to be able to channel her expertise into furthering our mission to be the leading producer of premium organic cannabis brands,” said Jesse McConnell, Chief Executive Officer.
Ms. Lassonde has more than 25 years of experience as a senior executive and board member in the mining and finance sectors. She also has an extensive philanthropic leadership background. Her current involvements include: Board of Governors, York University, where she serves on the Executive Committee and Chairs the External Relations Committee; Board of Governors, Royal Ontario Museum; Board of Directors, National Gallery of Canada Foundation, where she is on the Executive Committee and Chairs the Investment Committee; President, Canadian Engineering Memorial Foundation; Board of Directors, Pierre Lassonde Family Foundation, Director; and the Engineering Advisory Council at Brown University’s School of Engineering. Ms. Lassonde holds a degree in Civil Engineering from Queen’s University and an Executive MBA from Brown University and IE University. Ms. Lassonde has been granted 25,000 Deferred Share Units in conjunction with her appointment to the Board of Directors.
First Purchase Order from the Northwest Territories Liquor and Cannabis Commission
The Company has received its first purchase order and is expecting to make its first shipment to the NTLCC in January 2022. Simply BareTM Organic super-premium flower will now be available in stores and online in seven provinces and two territories, representing more than 90% of the Canadian population. “Simply BareTM Organic will now be sold in the Northwest Territories, expanding Rubicon Organics’ geographic coverage across Canada. As we build on our vision of developing a global premium cannabis brand, each step towards reaching new consumers is very valuable to our organization,” said Jesse McConnell, Chief Executive Officer.
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 achieving industry leading profitability through a focus on differentiated product innovation and brand portfolio management, including its flagship super-premium umbrella brand Simply BareTM Organic, its premium flower and hash brand 1964 Supply CoTM, its premium concentrate brand LAB THEORYTM, and its mainstream brand Homestead Cannabis SupplyTM. The Company ensures the quality of its supply chain by cultivating, processing, branding and selling organic certified, sustainably produced, super-premium cannabis products from its state-of-the-art glass roofed facility located in Delta, BC, Canada.
