NEWS BRIEF

Marijuana firm Australis Capital changes name to Audacious Brands

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.

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