Rubicon Organics Inc. reiterated earnings guidance for the year 2022. The Company reiterated its financial guidance from August 15, 2022 with its current expectation to be operating cashflow positive and Adjusted EBITDA profitable in fiscal 2022. As previously reported, the Company achieved positive Adjusted EBITDA in the three months ended June 30, 2022.

The company believe that the company's increased product quality and brand portfolio has positioned Rubicon to deliver on its commitments and win in the premium cannabis market in Canada.