First Revenue from Germany

Written By Timothy Livingston

Rua Bioscience is excited to announce the first revenues from sales of products in Germany after the first full month of sales. The response to our products has exceeded our expectations and they been very well received by pharmacists and patients in the German market.  In the first month of sale Rua has sold 13,000 grams or 28 pounds of a dried flower product.

The first revenues in Germany are a significant milestone for the company. As an early-stage medicinal cannabis company, achieving revenue is important to ensure the long-term sustainability of the company and returning value to our shareholders.

The planning for this market launch by the combined marketing efforts of Nimbus Health and Rua Bioscience teams has been in the pipeline for many months and we are pleased to see the results of our efforts. With an established path to market and revenue, Rua and Nimbus Health plan to expand the product offering in the German market. In time, Rua plans to distribute the genetics from our Ruatorea facility through this same channel.

Paul Naske, CEO of Rua Bioscience expressed his thanks to all the staff and stakeholders of Rua Bioscience who have worked hard over the recent months and years to establish this pathway to market. The team have been focused and methodical in their approach and dedication to the German market over many years.

This is a significant milestone of the strategy that Rua put in place in 2019 to create sustainable revenue and a positive return to shareholders.

Paul Naske
Chief Executive Officer

For shareholder enquiries please visit www.ruabio.com or contact:
info@ruabio.com
0800 RUABIO

Timothy Livingston

The opportunity you have in life and business is to make choices that bring your WHY to life.

For me, my WHY is to create connection. To create meaningful and emotional connections with your communities, tribe, clients, business partners, customer. My job is to help you find it, clarify it, amplify it, and design it.

With over 15+ years of experience in graphic design specialising in brand development across digital media & print, my skill set is not just that of your average creative... on a typical day I can identify insights, come up with ideas, get excited about strategic marketing, execute outstanding campaigns, craft identities, websites, and everything in-between. Working on award-winning creative campaigns while delivering high-quality work with attention to detail is all in a days job… Coffee anyone?

https://www.livingstoncreative.nz
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