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Australis Capital makes strategic cannabis acquisition in Nevada

Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF) CEO Scott Dowty tells Proactive Investors the cannabis investment firm has increased its stake in cannabis dispensary operator Body and Mind Inc (CSE:BAMM) and acquired cannabis company Green Therapeutics LLC, including its facility in Las Vegas, Nevada.

Dowty adds Aurora Cannabis Inc (NYSE:ACB) will leverage Australis's infrastructure in Vegas as it relates to the cannabis giant's newly announced partnership with UFC.

Quick facts: Australis Capital Inc

Price: 0.55 CAD

CSE:AUSA
Market: CSE
Market Cap: $96.91 m
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Australis New CEO has a new strategy for the company moving forward in 2021

Australis Capital (CSE: AUSA- OTC: AUSAF) new CEO Terry Booth joined Steve Darling from Proactive with news the company is planning to utilize a new strategy for the company as they look to capitalize on a number of opportunities. Booth shared with Proactive what that strategy will be...

16 hours, 27 minutes ago

2 min read