Rubicon Organics (CSE: ROMJ) (OTCQX: ROMJF) has received organic certification from the Fraser Valley Organics Producers Association (FVOPA) at its 125,000-sq.-ft. hybrid greenhouse facility in Delta, BC.
The certification positions the company to supply certified organic, super-premium cannabis grown at scale to a market.
“Organic cannabis is highly coveted in the medical and over-the-counter markets in North America and Europe,” Rubicon Co-Founder and CEO Jesse McConnell stated.
“Due to a substantial lack of supply of high-quality cannabis in the marketplace, there is currently a 40% to 50% price premium for super-premium cannabis products and an additional 25% to 50% price premium for organic products in Canada. This is the market that Rubicon Organics is now well-positioned to serve,” McConnell added.
Rubicon’s is currently one of just two cannabis companies in Canada to be certified by the FVOPA, which is Canada’s preeminent certification body for organic operators. The agency’s rigorous certification program is compliant with International Organization for Standardization (ISO) 17065, Canadian Organic Standards and BC Certified Organic programs.
The company says that it grows cannabis in a 100% organic soil and fertilizer mix made in-house. Rare and semi-rare cannabis strains are grown without herbicides or pesticides in a hybrid greenhouse environment with exposure to natural sunlight and a fully automated climate control system ensuring optimal growing conditions year-round.
Rubicon expects to begin selling branded super-premium, certified organic cannabis products in Canada in the fourth quarter of 2019.