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.