Rubicon Organics Launches 1964 Supply Co.(TM) in the U.K.

• On April 12, 2026, Rubicon Organics announced a distribution partnership with 4C LABS to launch its 1964 Supply Co. brand in the United Kingdom medical cannabis market.
• This marks the company's first international route-to-market for this specific premium line, leveraging 4C LABS' import and distribution licenses.
• The initial product offering includes organically grown flower, vaporizer cartridges, and extracts, with plans to expand the portfolio over coming months.
• Management expects this partnership, combined with increased capacity at the newly acquired Cascadia indoor facility (acquired in 2025), to grow total addressable market share and generate incremental profitability in early 2026.
• The announcement follows the March 24, 2026 financial results where management explicitly targeted an international launch of 1964 Supply Co. for 2026.

• Expectation vs. Reality: This news is consistent with guidance provided in the Q4 2025 earnings release (March 24, 2026), where management stated they were "Targeting international launch of 1964 Supply Co. brand." Therefore, it does not exceed expectations but confirms execution on prior strategy.
• Revenue Impact: While positive for long-term growth diversification beyond Canada, the immediate revenue impact is likely minimal given the early stage of the partnership and regulatory complexities in the UK medical market. The company's FY 2025 revenue was $59.5M; UK contributions will be incremental initially.
• Profitability: Management anticipates "incremental profitability," but this must be weighed against the startup costs associated with the Cascadia facility ramp-up mentioned in previous quarters (margin pressure anticipated in H1).
• Risk Profile: Entering a new jurisdiction introduces regulatory and operational risks not present in the domestic Canadian market. However, partnering with an established local distributor (4C LABS) mitigates some of this risk compared to direct entry.

• Overview: Rubicon Organics is a vertically integrated cannabis company focused on premium organic brands in Canada, with expanding international ambitions.
• Flagship Project: The 1964 Supply Co. brand is positioned as a top-tier premium line (won "Brand of the Year" at KIND awards for two consecutive years).
• Facilities: Operates two main cultivation facilities: Pacifica (Delta, BC - 125,000 sq ft greenhouse) and Cascadia (Hope, BC - 47,500 sq ft indoor facility acquired in 2025).
• Capacity: Combined annual production capacity is approximately 15,500 kg following the full integration of the Cascadia facility.