Rubicon Organics Marijuana Co. Stock Drops Slightly After Q2 2021 Financial Results Report, Revenue Up 364% YoY

company Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) has reported its financial results for the second quarter of 2021, revealing net revenue of CA$4.6 million ($3.6 million). That's a year-over-year and sequential increase of CA$3.6 million and CA$0.5 million, respectively. For the six months ended June 30, net revenue amounted to CA$8.7 million.

“Our share of the premium segment in Canada remains strong, and we remain the go-to organic brand among consumers,” Jesse McConnell, the company’s CEO, disclosed Friday. ”With 44 SKUs across five brands, we can focus on meeting the rising demand from provincial distributors, which is beginning to reflect both a return to normalized buying …

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