Rua Biosciences mulls legal action over non-payment

The prospective owner has not paid the $1.3m purchase price for Rua’s Gisborne manufacturing facility.

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Listed medicinal cannabis company Rua Biosciences is considering its legal options after the buyer of its Gisborne manufacturing facility failed to pay the $1.3 million purchase price. The contract was due to be paid in full by 5pm on Wednesday by the purchaser, Awa Ora Genesis Kaitiaki Harakeke.