Bullboard - Stock Discussion Forum 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... see more

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Australis Capital Inc > What's your Views?

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Post by VaughanMike on Feb 18, 2022 3:18pm

What's your Views?

What do you guys think about this stock after the news that Canadian cannabis sales could top CA$4.8 billion in 2022? Either this stock will go up, down, or will it remain the same?

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Comment by Gzep46 on Feb 19, 2022 1:03am

AUSA will not make a difference. Too many competitors that are generating revenue and making money. All that AUSA is doing is accumulating debt. Just look at ACB. After a large reverse split in the stock it is almost worthless! Guess who was the CEO that created the debt laden monster??

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Comment by TyroneBiggums on Feb 19, 2022 4:09pm

This goes to show me you actually know nothing about this company. Their model is 100% different that CAD LP. They buy ownership of companies % based on different factors and consulting on growing because of ALPS. Also ALPS has its own revenue in green houses and vert integrated tech which has some big contracts. This is the way to grow that will only increase due to weather issues etc. ...more

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