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Rua Bioscience continues Australian expansion

Operational Update1 April 2024RUAHealthcare

2
nd

April 2024

FOR PUBLIC RELEASE

Rua Bioscience conƟnues Australian expansion.

TairawhiƟ, New Zealand – Rua Bioscience is conƟnuing to expand its offering in Australia, one of the

largest medicinal cannabis markets in the world.

With company licences and distribuƟon channels established in 2023, Rua successfully launched into

this key market last September with a dried flower product.

It has now extended the range with the introducƟon of full spectrum oil products and liquid

vaporisaƟon cartridges.

“Australia has always been an important focus for us,” said CEO Paul Naske.

“Now that we have a broader range of products available in Australia, we are well posiƟoned to

develop a strong sales presence and build the Rua brand there.”

This push into Australia is supported by Rua’s recent appointment of their first Australian-based Chief

of Sales and MarkeƟng, to drive growth and market share.

“Rua’s strategy is to commercialise our unique geneƟcs on a global scale,” added Mr Naske. “In the

coming months, we’re aiming to launch a range of medicinal cannabis products using our New

Zealand geneƟcs into the Australian market.”


ENDS

The person who authorised this announcement:


Paul Naske

Chief ExecuƟve Officer

paul.naske@ruabio.com

+64 21 445154


For media inquiries, please contact:

Paul Naske - paul.naske@ruabio.com

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