Rubicon Organics Inc. (OTCQX: ROMJF) (TSXV:ROMJ) achieved record net revenue for Q1 2023 of CA$8.8 million ($6.5 million), a 71% increase from Q1 2022, primarily driven by the expansion of 1964 Supply Co, having a full year of sales in all key markets, continued range expansion, and a new hero strain with Comatose.
Q1 2023 Financial Highlights
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Gross profit was CA$3.2 million compared to CA$2.5 million in Q1 2022.
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Adjusted EBITDA of CA$168,665, compared to a negative Adjusted …