Rubicon Organics Establishes Route to Market for Cannabis 2.0 Products
VANCOUVER, BRITISH COLUMBIA – Oct 26, 2020
Rubicon Organics signs distribution agreement with Canada House Wellness Group to sell concentrate products to provincial distributors
Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis, is pleased to announce that it has signed a cannabis 2.0 product distribution agreement with Canada House Wellness Group Inc. (CSE: CHV) (“Canada House”) (the “Agreement”), through Canada House’s wholly-owned subsidiary of Abba Medix Corp. In connection with the Agreement, Canada House will distribute Rubicon Organics’ line of concentrate products to Canada House’s provincial distributors while the Company waits to receive from Health Canada its authorization for sale of extracts, topicals and edibles.
“With our route to market established for cannabis 2.0 products, we are excited to begin executing on our innovation pipeline. In the coming months, we will be launching our new premium concentrate brand along with a diverse portfolio of products. These products will highlight the terpene rich profile that our organic and sustainably cultivated Simply Bare™ flower has become known for,” said Jesse McConnell, Chief Executive Officer. “We are delighted to be partnering with Canada House to accelerate our time to market whilst we wait for Health Canada to issue our extract, edible and topical sales license that we submitted for in early September.”
