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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: 0.185 CAD

CSE:AUSA
Market: CSE
Market Cap: $31.43 m
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Australis Capital to merge with Folium Biosciences in 'transformational deal'

Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF) CEO Scott Dowty caught up with Proactive's Andrew Scott while in London to discuss the news that they're to merge with Folium Biosciences. Under the merger plan Folium will become a wholly owned subsidiary of Australis -- which will be...

on 17/12/19

2 min read