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AUDACIOUS has officially entered the Asian market by partnering with Golden Triangle Health (GTH) for the first commercial shipment of CBD hemp seeds from North America. This agreement aims to bolster AUDACIOUS's revenue generation initiatives in Asia, targeting major consumer packaged goods companies with B2B white label and branded products. With a strong growth outlook in Thailand and potential legalization in other countries, AUDACIOUS is well-positioned for rapid expansion. The initial shipment will enhance their product portfolio, enabling cultivation and CBD isolate extraction.
Australis Capital Inc. (CSE: AUSA, OTC: AUSAF) held its annual shareholder meeting on December 17, 2021, where all resolutions were approved unanimously. A total of 42,299,301 votes were cast, accounting for 17.4% of outstanding shares. Six directors were elected, receiving strong support with over 97% of votes in favor. Additionally, resolutions regarding the appointment of auditors and company option plans were passed. Shareholders can access detailed voting results on the company's SEDAR page.
AUDACIOUS (CSE: AUSA, OTC: AUSAF) has announced a partnership with First Americans, LLC of the Saint Regis Mohawk Tribe to develop cannabis operations on tribal land in New York. This initiative will create cultivation, processing, and retail facilities, positioning AUDACIOUS to capitalize on a market projected to reach $3 billion annually. This collaboration provides an early-mover advantage in a state with a population of 20 million, leveraging the close proximity to the Akwesasne Mohawk Casino, which attracts 2.4 million visitors yearly. The partnership supports New York's cannabis social equity initiatives.
Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) reported a remarkable 2,068% year-over-year revenue increase to $2.3 million for Q2 FY2022, showcasing pro forma growth of 2,702%. Increases in gross profit and a focus on expanding operations into new markets, including New York and New Jersey, highlight its strategic growth initiatives. The company anticipates Q3 revenues exceeding $3 million while aiming to operationalize its Missouri asset. Despite continuing operational losses, management emphasizes a capital-light model and synergies across cannabis operations for sustained success.
Australis Capital Inc. (CSE: AUSA, OTC: AUSAF) will release its fiscal Q2 2022 financial results on November 22, 2021, after market close. A conference call will be hosted by CEO Terry Booth on November 23, 2021, at 11:00 a.m. ET, to discuss the results. Australis has made significant strides under Booth's leadership, including entering global sustainable agriculture through its ALPS acquisition, with total client capital expenditures projected at $5 billion. The company is expanding its market presence and has secured multiple partnerships and acquisitions in the cannabis sector.
Australis Capital Inc. (OTC: AUSAF) announced a strategic partnership between its subsidiary ALPS and Priva, a leader in horticultural climate solutions. This collaboration aims to market ALPS' advanced compliance system, APIS, leveraging Priva's extensive global reach and expertise in climate control. With over 12,000 projects worldwide and a significant presence in more than 100 countries, this partnership is positioned to enhance compliance and operational protocols in the horticulture industry. The partnership is expected to augment revenue growth by introducing APIS to a larger market.
AUDACIOUS (CSE: AUSA, OTC: AUSAF) has forged a strategic partnership with Golden Triangle Health (GTH), a subsidiary of NR Instant Produce, to manufacture and market CBD and hemp-infused products in Thailand. This collaboration leverages GTH's established distribution networks, aiming to capture a share of the nascent $1 billion Thai CBD market. The agreement includes a share swap worth up to $4 million, contingent on GTH achieving profitability. AUDACIOUS anticipates this move will enhance its international presence in the growing Asian cannabis market.
AUDACIOUS has launched the GROWQUICK and ACHIEVE series of facility offerings, aimed at cannabis companies seeking to establish or expand operations. These services provide standardized, customizable designs with project management and operational support. The facilities vary in capacity, yielding between 100 to 24,000 lbs of cannabis annually. The design emphasizes compliance, sustainability, and operational excellence, facilitating quick market entry and reduced costs. The offerings leverage ALPS's expertise to mitigate project risks and enhance economic returns for clients.
AUDACIOUS, operating as Australis Capital Inc., is set to debut at the Marijuana Business Daily Conference 2021 in Las Vegas, emphasizing its commitment to becoming a leading cannabis MSO. CEO Terry Booth highlighted recent successes, including multiple acquisitions and improved contracts since his return in March 2021. The company aims to expand its operational footprint and premium brand portfolio through strategic partnerships. Attendees can engage with executives during ‘Ask Me Anything’ sessions, gaining insights into the firm’s growth and innovative technology in the cannabis space.
Australis Capital Inc. (CSE: AUSA; OTC: AUSAF) has announced a $1.4 million engagement with its subsidiary ALPS to develop a 1,000,000+ square foot facility with Pure Harvest Smart Farms in Kuwait. This facility aims to produce fresh fruits and vegetables year-round, addressing Kuwait's reliance on food imports. The partnership with The Sultan Center will enhance the availability of locally grown produce. ALPS' expertise in high-tech agriculture is expected to maximize yield while minimizing resource use.
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