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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 > Australis Capital loses $51.48-million in fiscal 2022
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Comment by ESRESRon Aug 02, 2022 8:04pm
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Post# 34867044

RE:Australis Capital loses $51.48-million in fiscal 2022

RE:Australis Capital loses $51.48-million in fiscal 2022
Operating loss increased 38% to $19.4 million due to higher personnel and administrative costs related to the ALPS business, as well as investments in new product lines and initiatives related to expansion into other states.
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