Significant Facility Agreement!https://www.newswire.ca/news-releases/alps-and-copperstate-farms-enter-into-significant-facility-agreement-877671514.html Australis Capital Inc. announced that the Company, through its majority owned subsidiary ALPS, has entered into an agreement with Copperstate Farms Management, LLC ("Copperstate Farms"), Arizona's largest cannabis wholesaler. Copperstate Farms currently operates a 40-acre, ~1.7 million square-foot greenhouse in Snowflake, Arizona, cultivating medical and adult usage cannabis. The contract with ALPS will have an initial term of two years and is expected to consist of two phases. Total contract value over two years is anticipated to be up to $6.0 million.
Copperstate Farms currently operates a 40-acre, ~1.7 million square-foot greenhouse in Snowflake, Arizona, cultivating medical and adult usage cannabis. The contract with ALPS will have an initial term of two years and is expected to consist of two phases. Total contract value over two years is anticipated to be up to $6.0 million.