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How Cannabis Q3 Really Looked: Rubicon & Chicago Atlantic Report
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Earnings season is almost wrapped — so what are these latest numbers actually telling us about the cannabis industry right now?On the latest Trade To Black Podcast, presented by Dutchie, we break down the newest earnings from Chicago Atlantic and Rubicon Organics, giving you the real story behind two very different corners of the market.In Segment 1, Anthony sits down with Peter Sack, Managing Partner of Chicago Atlantic (NASDAQ: REFI) (NASDAQ: LIEN) to dig into their latest numbers. Chicago Atlantic reported $9.5M in net investment income, rolled out $66.7M in new originations, and kept its entire portfolio fully performing — no non-accruals at all. With a $311M book and another steady dividend, they’re proving that disciplined lending still hits even when the industry’s moving sideways.Then Anthony brings on Margaret Brodie, CEO of Rubicon Organics (TSX-V: ROMJ), to break down one of the biggest glow-ups of the quarter. Rubicon delivered $15.6M in net revenue, doubled gross profit, and posted a massive 1,778% jump in net income YoY. Between international shipments and its Cascadia facility now fully licensed, Rubicon is leaning hard into premium brands and higher-margin channels.Plus, we get their take on this week's news about Congress passing the funding bill that ended the government shutdown and included a nationwide ban on intoxicating hemp products.See you at 11am EST! #CannabisNews #CannabisFinance #ChicagoAtlantic #RubiconOrganics #CannabisEarnings #CannabisInvesting #CannabisIndustry #CannabisStocks #HempIndustry #IntoxicatingHemp #HempBanWant to see more Cannabis Reform videos? • Ted Cruz Shocks D.C. by Backing the Hemp I... • How Kentucky Bourbon Killed Hemp | TDR Can... • If Hemp Gets Banned… Then What? | TDR Cann... • The Hemp Crackdown Begins Now | TDR Cannab... Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our Daily Baked in Newsletter!https://newsletter.thedalesreport.com...Find us as well on Facebook, Twitter, Instagram, LinkedIn and on the Web:Facebook: / thedalesreport Twitter:
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