Cannabis firm Rua Bioscience targets October NZX listing

Wed, 19 Aug 2020

Medicinal cannabis firm Rua Bioscience has signalled it will head to the NZX this October, breaking an initial public offering drought that has persisted since Napier Port listed in August last year.Chair Trevor Burt said the East Coast-based cannabis company, one of the first in New Zealand to be licensed for commercial production, is aiming for an IPO in the latter part of the year, “subject to market conditions and other company developments.”He said while the number of shares and price range are “yet to be decided,&rd...

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