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Rua Bioscience Expands International Reach to Canada.

Operational Update6 February 2024RUAHealthcare

PO Box 1387, Gisborne 4040, Aotearoa New Zealand | 0800 RUABIO | www.ruabio.com



FOR PUBLIC RELEASE

NZX Limited

Wellington


7

th

February, 2024


Rua Bioscience Expands International Reach to Canada.


Tairawhiti, New Zealand – Rua Bioscience, a leading innovator in medicinal cannabis cultivation, is

pleased to announce a ground-breaking agreement with Canada’s Apollo Green. This agreement

marks a significant milestone in Rua Bioscience's strategy for growth by introducing its unique East

Coast Tairawhiti cannabis strains to the Canadian market ultimately creating another pathway for

revenue.


Apollo Green, a world leader in cannabis genetics, will now include Rua Bioscience's distinctive

strains in its genetic library, that includes over 1000 unique cultivars. This collaboration is a testament

to the global demand for diverse and high-quality cannabis genetics.


A wholly owned subsidiary of Biortica Agrimed, Apollo Green, has existing sales channels into

Europe, North America and Australasia. It is a market leader in genetic distribution and licensing.

Apollo Green provides access to breeder’s right protection through DNA fingerprinting of all genetics,

access to cultivation capabilities world-wide and licensing opportunities delivering increased revenue

opportunities to Rua Bioscience.


Biortica Agrimed is a leader in B2B medicinal cannabis cultivation and is one of Australia’s largest and

fastest growing producer of medicinal cannabis.


“We welcome Rua to the Apollo Green and the Biortica Agrimed family” said Tom Varga, CEO of

Biortica Agrimed.


The collaboration with Apollo Green enables the cultivation of Rua Bioscience's East Coast Tairawhiti

strains in Canada, broadening the horizons for both companies in the global cannabis market.


“This agreement not only highlights Rua Bioscience's commitment to innovation and quality but also

underscores the potential of New Zealand’s cannabis industry on the world stage.”


"We are excited about this partnership with Apollo Green and Biortica Agrimed, as it aligns perfectly

with our vision to take our unique strains to the world," said Paul Naske, CEO of Rua Bioscience.

"This is more than just an agreement; it's a bridge connecting New Zealand's exceptional cannabis

genetics to the world."



ENDS


The person who authorised this announcement:

Paul Naske,

Chief Executive Officer


For shareholder enquiries please visit www.ruabio.com or contact:

info@ruabio.com

0800 RUABIO




ANNOUNCEMENT


PO Box 1387, Gisborne 4040, Aotearoa New Zealand | 0800 RUABIO | www.ruabio.com

ABOUT RUA BIOSCIENCE

As one of few Māori-born biotech businesses in Aotearoa, Rua Bioscience is the only New Zealand-

based medicinal cannabis company with an explicit focus on delivering social impact. Licensed to

cultivate since 2016, Rua, was the first company founded by a Māori community to list on the New

Zealand stock exchange. Launching its first prescription medicine in April 2022. It’s strong social

conscience is evidenced by its introduction of one of New Zealand’s first Compassionate Access

schemes for medicinal cannabis.

www.ruabio.com

CONTACT: Paul Naske CEO, Rua Bioscience

paul.naske@ruabio.com

+64 21 445 154



ABOUT APOLLO GREEN


Licensed since July 2019, Apollo Green is Canada’s leader in cannabis genetics. The company’s

mission is to provide an ever-growing bank of seeds and clones to medical patients. Apollo Green

provides clean, trusted cannabis seeds and clones, which are backed by the foremost tissue culture

technology to reduce risks, costs and time-to-market for licensed producers around the world. Apollo

Green is passionate about cannabis genetics.


www.apollogreen.com



ABOUT BIORTICA


Biortica Agrimed Ltd is Australia’s largest fully vertically integrated commercial grower of medicinal

plants. Our B2B operations are seamlessly integrated from plant genetics through to supply of

medicinal plants in commercial quantities. We employ glasshouse-based horticulture, to both, protect

our valuable medicinal crops, and equally to minimise our environmental impact, thereby protecting

the planet. Our goal is to significantly improve human health outcomes by supplying high quality

agricultural medicinal plants, at scale, to uniform high quality standards year-round, year-on-year.


www.biortica.com


CONTACT: Tom Varga, CEO, Biortica Agrimed

e Tom Varga

tom.varga@biortica.com

m +61 499 991 745

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