Australis Capital Inc. (CSE:AUSA)(OTCQB:AUSAF) and its partner, First Americans LLC, have commenced with the construction of its New York cultivation, manufacturing and retail project located on the Saint Regis Mohawk territory.
"Early market entry into New York has been a core element of our strategy and we are 100% executing on this," Terry Booth, CEO of AUDACIOUS stated. "With first products hitting the market around October, we are well ahead of the general market, which is still waiting for the full regulations on how adult use will be introduced throughout the entire state. This partnership with First Americans shows how AUDACIOUS is a preferred partner who is able to translate its operational excellence into capex light entry for new, high growth markets. We look forward to working with Rick Hamelin, President of First Americans, and his team to claim our position among the market leaders in New York state."
