Financially-strapped Rua Bioscience to raise $3.1m in new capital
Board chair Anna Stove assures shareholders it is ‘no longer at proof of concept’.
Rua Bioscience chair Anna Stove.
NZX-listed medicinal cannabis company Rua Bioscience is to raise $3.1 million in new capital to fund the business to a self-sustaining position by the 2026 financial year.
At its annual meeting held virtually today, the board sought shareholder approval to “imminently” issue 37.3 million new
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