Marijuana firm Australis Capital changes name to Audacious Brands

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Marijuana operator Australis Capital said Tuesday that it’s renaming itself and will now do business as Audacious Brands.

The Las Vegas-based company, which trades on the Canadian Securities Exchange under the ticker symbol AUSA and on U.S. over-the-counter markets as AUSAF, will consolidate its brands under the new moniker and is planning an acquisition spree, according to a news release.

The company said it:

  • Is in the process of executing a 25% acquisition stake in a Missouri medical marijuana manufacturing business.
  • Has completed acquisitions of 23 acres in Nevada for a cannabis business hub.
  • Is close to securing deals for acquisitions in Massachusetts and California.

Audacious Brands is led by Steve Dobler and Terry Booth, the founders of Aurora Cannabis, a licensed marijuana producer in Canada.