Rua Bioscience stock IPO | Cannasouth's (CBD) biggest competitor | NZX:RUA скачать в хорошем качестве

Rua Bioscience stock IPO | Cannasouth's (CBD) biggest competitor | NZX:RUA

In this video we will take you through our fully analysis on the first NZX IPO of the year. Rua Bioscience is a medical cannabis company and the second to be listed on the New Zealand exchange (NZX) after Cannasouth (CBD) was listed last year in June. With the growing cannabis culture around the world, with medicinal cannabis being legal in over 40 countries across all major regions, is this IPO worth taking part in? Especially after seeing the other NZX cannabis company Cannasouth (CBD) that had a very good run in the last few months. And with the cannabis referendum coming up in New Zealand, will that also help this company in the long term if recreational cannabis becomes legal? Even though they are still just a medical cannabis company, they may brunch out to recreational use. ---------------------------------------------------------------------------------- Additional Information: Rua Bioscience is a relatively young company started in 2017 that has entered the medical cannabis sector while the sector is still at an infant stage and was the first private company in New Zealand to receive a licence to cultivate cannabis for research purposes. Nevertheless, Rua is still a pre-revenue company that is loss-making and relies on investor funding. Which is why they have decided to list on the New Zealand exchange by initial public offering to raise 20 million dollars. ---------------------------------------------------------------------------------- About us: We're just two bros who love all things investment. We have been investing for as long as we can remember. We will provide all the content you need to get your investing career started while providing that content in a fun and entertaining way. A little about us, we both work full time. I'm (Aayush) a data analyst and Woojin is a software engineer, so data and tech are our strong suit. We use our professional careers to drive and support our investment careers. We know all the tips and tricks to make it in the investment world. If investing is something you want to get into while being as safe as possible, we're your bros on this journey! So, subscribe and let us help you in your journey! ---------------------------------------------------------------------------------- Declaimer: We just want to make clear that all the content on this video is purely our opinion and how we see things from our perspective. This should not in any way be taken as financial advice. We are not responsible for any trades/losses or profits made by using the information in this video as this video is public information. ---------------------------------------------------------------------------------- Copyright Chillhop Music - https://chll.to/3d7d1471 Videos from: https://www.pexels.com/ https://www.videvo.net/ https://pixabay.com/videos/ #Sharesies #Rua #Cannabis #Ruabioscience