Rubicon Organics, Inc. · TSXV:ROMJ
Rubicon Organics — Investor Presentation (November 2025)
21 slides from Rubicon Organics's investor presentation, Nov 12, 2025
Slide 1: Canada's Leading House of Premium Brands
CANADA’S LEADING HOUSE OF PREMIUM BRANDS 2025 COMPANY PRESENTATION TSXV: ROMJ November 2025 OTCQX: ROMJF
Slide 2: Disclaimer
DISCLAIMER This presentation is not, and under no circumstances is to be construed as, a Organics assumes no obligation to update any forward-looking statement, The production, packaging, labelling, handling, distribution, importation, prospectus, or advertisement or a public offering of securities
Slide 3: Our Vision and Mission
OUR VISION To be the most trusted house of premium cannabis brands — creating elevated experiences for people everywhere. OUR MISSION We build brands people believe in by delivering elevated experiences in all we do. Through uncompromising quality, purposeful innovation, and trusted partnerships, we
Slide 4: Who Is Rubicon?
WHO IS RUBICON? #1 premium1 licensed producer in Canada Portfolio of premium brands Products in key categories designed for premium cannabis consumers Two facilities located in British Columbia Production capacity: 15,500 kgs premium flower Experienced management and board of directors w
Slide 5: We Are Driving Growth as Canada's Leading House of Premium Brands
WE ARE DRIVING GROWTH AS CANADA’S LEADING HOUSE OF PREMIUM BRANDS STRONG BALANCE SHEET POSITIONED FOR GROWTH PROFITABILITY AND LIQUIDITY Strong growth nationally in the past 3 years of AEBITDA (2022, 2023 and Positive working capital, 3 years’ 12 months across key categories and 2024) positive from
Slide 6: Q3 2025 Highlights
Q3 2025 HIGHLIGHTS #1 PREMIUM LP1 7.1% 16% Premium Market Net Revenue Share1 Growth Q3 2025 over Q3 2024 16.0% $15.6 million #3 Premium Edibles Market Net Revenue Q3 2025 Premium Vape in Sales3 Share2 27.2% First Cascadia Harvests expected 2026 $1.7M Topical Market Share2 Increases Capacity by Adjus
Slide 7: Q3 2025 Selected Financial Information
Q3 2025 SELECTED FINANCIAL INFORMATION For the 3 months ending For the 3 months ending YoY % Change In Q2 2025, Rubicon September 30, 2024 September 30, 2025 closed private placement, issuing Total Revenue $17.8M $19.9M 11.8% 10.22m shares and 5.11 warrants for $4.5m in Net Revenue $13.5M $15.6M 15.
Slide 8: Capturing Market Share Through Leading Quality
CAPTURING MARKET SHARE THROUGH LEADING QUALITY Market Share1 Q3 2025 Q3 2024 Change Market Share1 Q3 2025 Q3 2024 Change British Columbia 3.8% 3.8% 0% Flower & Pre-Rolls 2.0% 2.0% 0% Edibles 3.1% 3.3% (6.1%) Ontario 2.2% 2.0% 10.0% Premium Edibles 16.0% 28.5% (43.9%) Alberta 2.5% 1.9% 31.6% Premium
Slide 9: Recent Growth Drivers
RECENT GROWTH DRIVERS Net Revenue and Gross Profit for the 12 months Rubicon (+16% YOY1) is outpacing the Canadian ended: industry growth overall (+5% YOY1) $57.2 M $55.1 M $52.2 M Launched vape category in Q2 ‘24 and expanded $48.7 M segment portfolio to 8 popular Simply Bare & 1964 $44.5 M str
Slide 10: Growth Building on Canada's Leading Premium Brand Portfolio
GROWTH BUILDING ON CANADA’S LEADING PREMIUM BRAND PORTFOLIO +40% increased capacity secured with new Cascadia Facility with first revenues expected H1 2026 +2,000kg incremental supply in 2025 through multiple, long-term 3rd party supply agreements All in One vape launched - Summer 2025 3 int
Slide 11: Expanding Capacity: Cascadia Comes Online
EXPANDING CAPACITY: CASCADIA COMES ONLINE CASCADIA FACILITY 47,500 square foot premium indoor cultivation facility 27 independent flowering rooms 1st licensed facility in British Columbia Dedicated processing rooms Capacity of 4,500kg (overall increase of 40%) Facility purchased June 2025. Purchase
Slide 12: Rubicon Organics: Creating Lasting Value
RUBICON ORGANICS: CREATING LASTING VALUE We grow in living organic soil, the rarest and hardest way. That care produces cannabis with richer taste, fuller aroma, and quality consumers return for. By scaling this rare quality nationally, Rubicon builds brands with loyalty, pricing power, and en
Slide 13: Canada's Leading House of Premium Brands
CANADA’S LEADING HOUSE OF PREMIUM BRANDS HOMESTEAD CANNABIS SIMPLY BARE ORGANIC 1964 SUPPLY CO WILDFLOWER SUPPLY Simply Bare is crafted to respect the land it was 1964, is all about delivering genuine, Wildflower mission is to connect people Homestead delivers uncomplicated, grown in. Always certifi
Slide 14: Leadership Team and Independent Directors
LEADERSHIP TEAM INDEPENDENT DIRECTORS Margaret Brodie, CPA, CA Chief Melanie Ramsey Doris Bitz John Pigottt Executive Officer &Director 20+ Chief Operating Officer Chair Director years in finance 25+ years in brand development & 30+ years building, scaling, and growing 35+ years in food and beverage
Slide 15: Market Information
MARKET INFORMATION 42.2% 67.2M AMOUNT HELD BY MANAGEMENT AND INSIDERS Shares As of November 12, 2025 # OF SHARES % Outstanding Management & Insiders 28,367,362 42.2% Public Float 38,808,409 57.8% Total Outstanding 67,175,771 100% Options 2,047,200 RESEARCH EXPIRING OPTIONS EXERCISE OUTSTANDING PRICE
Slide 16: Comparable Industry Metrics
COMPARABLE INDUSTRY METRICS EV/Revs EV/Gross EV/Adj EV/OPCF A/L Ratio Current Ratio Profit EBITDA Rubicon 0.8x 2.2x 7.8x 17.0x 3.4x 3.1x Mid-Cap Comp 2x 5x 8.2x 9.8x 2.4x 2.4x Mid-Cap Comp 1.7x 3.4x 6.1x 10.7x 2.1x 0.8x Mid-Cap Comp 3.0x 6.8x 153.7x 17.5x 25.4x 22.5x Mid-Cap Comp 0.7x 3.4x 13.4x Neg
Slide 17: Canadian Market Past, Present & Future
CANADIAN MARKET PAST, PRESENT & FUTURE LEGALIZATION (2018 TO 2024) CURRENT STATE 2-5 YEARS CANNABIS • POOR • STABILIZATION • IMPROVED QUALITY PRODUCT • SCATTERED APPROACH • PROVINCIAL BOARDS • CPG PORTFOLIO TIGHTENING OFFERINGS MANAGEMENT PORTFOLIOS PROVINCIAL • LIST PRODUCTS OFFERED • LIST PRODUCTS
Slide 18: The Expectations Curve for Canadian Cannabis Industry
THE EXPECTATIONS CURVE FOR CANADIAN CANNABIS INDUSTRY The expectations curve INTERNATIONAL EXPORT is projected to be sharper DRIVES INCREMENTAL VOLUME FOR CANADA than forecasted, due to the following factors: •Increase in exports EXPECTATIONS •Wholesale price increase 2025-2027 U.S. M A R K E T •Sup
Slide 19: Legal Cannabis Market in Canada Estimated to Reach CAD $7.4B by 2030
LEGAL CANNABIS MARKET IN CANADA ESTIMATED TO REACH CAD $7.4B BY 2030 Rubicon’s growth is outpacing the Canadian industry $10 $9 RECREATIONAL CANNABIS SALES ($BN) Increased capacity with Hope $8 $7.4 $7.0 acquisition; supports continued $7 $6.3 $6.6 $5.9 strong performance $6 $5.2 $5.2 $5.6 $5 $4
Slide 20: Consistently Bringing World Class Genetics to Premium Consumers
CONSISTENTLY BRINGING WORLD CLASS GENETICS TO PREMIUM CONSUMERS Q1 2025 Q4 2024 Q2 2025 Q3 2025 Q4 2025 PINK GRAPE CREAM LEMON LOOPZ SUNSET LUV AFFAIR BLACK ZOAP TEA TIME #7 DRIP CAKE RUNTZ Q4 2024 Q1 2025 Q3 2025 Q4 2025 SOUR LEMON M’MOSA APPLES AND TANGIE DIESEL BANANAS P 20
Slide 21: Contact Us
CONTACT US Investor Relations www.rubiconorganics.com ir@rubiconorganics.com +1-437-929-1964 Rubicon Organics Inc. 701 – 744 W. Hastings Street Vancouver, BC V6C 1A5 23 P 21
Rubicon Organics — Investor Presentation (November 2025) on 6ix