- Granted IMC-G.A.P. Equivalency Certification by Control Union ("CU”)
- Milestone to export to Israel and EU-GMP facilities in Europe and Australia
"There is tremendous demand for Rubicon Organic's premium and organic cannabis from the international medical markets and we are ready to meet the rising demand for high-quality medical cannabis products with initial exports planned in 2025,” said Margaret Brodie, Chief Executive Officer.
Through the IMC-G.A.P. certification process, CU has declared that Rubicon Organics' dried cannabis products are compliant in accordance with the World Health Organization's ("WHO”) guidelines on Good Agricultural Practices ("GACP”) Medicinal Plants, the European Medicines Agency's ("EMEA”) guideline on GACP for starting materials of herbal origin, Dutch Office of Medicinal Cannabis' Guidelines for cultivating cannabis for medicinal purposes, and GLOBALG.A.P.'s IFA 4.0 (FV), thus demonstrating equivalency to the Israeli Medical Cannabis Agency at the Ministry of Health (IMCA) Directive 151/2016 - IMC-GAP Certification.
Obtaining the Certification provides documented evidence that Rubicon Organics has met strict international standards for quality and consistency in the cultivation, harvest and primary processing of cannabis needed for export of cannabis inputs to certain jurisdictions, including Israel, Europe and Australia, for further processing into finished goods via a Good Manufacturing Practices ("GMP”) certified production facility.
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 its premium cannabis flower, product innovation and brand portfolio management, including three flagship brands: its super-premium brand Simply Bare™ Organic, its premium brand 1964 Supply Co™, and its cannabis wellness brand Wildflower™ in addition to the Company's mainstream brand Homestead Cannabis Supply™.
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.
ABOUT CONTROL UNION CANADA INC.
Control Union Canada Inc. is a member of the Peterson Control Union Group which has operations in 85+ countries. The group has more than 6 thousand employees that have audited commodities of all types for over 100 years. Peterson Control Union boasts many of the largest corporations in the world as their customers. They have significant history supporting and auditing commodities certifications and process standards for biofuels, sugar, palm oil, soy, and many other commodities. See https://www.petersoncontrolunion.com/en for references.
CONTACT INFORMATION
Margaret Brodie
CEO
Phone: +1 (437) 929-1964
Email: [email protected]
The TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or accuracy of this press release.
Cautionary Statement Regarding Forward Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, statements regarding Rubicon Organics' goal of achieving industry leading profitability are "forward-looking statements”. Forward-looking information can be identified by the use of words such as "will” or variations of such word or statements that certain actions, events or results "will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. The forward-looking information in this press release is based upon certain assumptions that management considers reasonable in the circumstances, including the Company's ability to meet international export standards, the potential for global expansion, and the Company's vision of becoming the global brand leader in premium and organic cannabis. These statements are based on current expectations, estimates, and projections about the Company's business and the industry in which it operates. Risks and uncertainties associated with the forward-looking information in this press release include, among others, risks related to regulatory approvals, changes in market conditions, competition, supply chain disruptions, the Company's ability to maintain certification standards, and the successful implementation of its business strategy. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although Rubicon Organics has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. Rubicon Organics assumes no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.
