Australis Capital Inc C.AUSA

Alternate Symbol(s): AUSAF

Healthcare

Australis Capital Inc. is a multi-state operator in the cannabis industry in the United States. The Company is involved in the cannabis and horticultural industries in the United States and abroad. It is focused on brands and cannabis licenses in states with favorable economics. The Company also operates an engineering consulting firm. The Company advises on greenhouse design, build and operations throughout the world in cannabis and horticulture. Its operations range from providing sustainable cultivation design and optimization to retail storefronts, growing flowers in-house, and manufacturing brand, AUDACIOUS has products and solutions for everyone.

CSE:AUSA - Post by User

Australis Capital Inc

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Post by Smokininvestaon Dec 14, 2019 6:14pm

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Post# 30455776

acb backed ausa converting to hemp producer

interesting link:

https://grizzle.com/aurora-cannabis-australis-hemp-producer/

couple quotes:

"Under the terms of the deal Folium members will exchange their units for Australis common shares and hold approximately 89% of the resulting issued shares."

"Part of what makes Folium an attractive acquisition is that the company has been operating at a profit since its inaugural year. Even more impressive is that Folium’s growth has been purely of the organic variety and the company has not compromised its balance sheet to do so.

Australis will not be taking on a company that is losing money or carries a heavy debt burden as can be the case with some early stage CBD growth companies."

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