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Australis Capital Inc
Symbol AUSA
Shares Issued 113,149,755
Close 2019-07-23 C$ 0.96
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Australis Capital partners with Astound Group

2019-07-24 08:12 ET - News Release

Mr. Scott Dowty reports


Australis Capital Inc. has arranged a partnership with Astound Group, a global marketing and creative firm, consolidating design, merchandising, commercialization and brand strategy for Australis's house of brands.

With a focus on delivering unforgettable custom experiences and evolving innovative brands, Astound partners with Australis to optimize brands, expand awareness of its unique stories, and introduce new products under Australis's house of brands, including Mr. Natural, Tsunami, Provisions, GT Flowers and COIL.

"Astound's portfolio of customers includes the most innovative and popular brands in the world. With their marketing brain trust and massive facility in Las Vegas, we could not be more pleased to consolidate Australis's diverse marketing requirements with Astound," stated Scott Dowty, chief executive officer of Australis.

In addition, the Astound team will be integral in the aesthetic design and branding of Australis Elements, a 300,000-square-foot flagship production and cultivation facility being constructed in North Las Vegas, establishing a new landmark destination designed and built to the Aurora Cannabis Sky facility standards by Aurora Larssen Projects Ltd. (Alps).

"Our team at Astound is proud to have been chosen to support Australis as they have proven to be a thought leader and innovator within the cannabis space," said Dale Morgan, chief executive officer and founder of Astound. "Our team has achieved success based on the desire to challenge the norm. This combined with our capability to execute on a large-scale ensures we are well positioned for a successful partnership with Australis."

About Australis Capital Inc.

A spinout of Aurora Cannabis in September, 2018, Australis identifies and invests in the cannabis industry predominantly in the United States, a highly regulated, fragmented, rapidly expanding and evolving industry. Investments may include but are not limited to equity, debt or other securities of both public and private companies, financings in exchange for royalties or other distribution streams, and control stake acquisitions. Australis adheres to stringent investment criteria and focuses on significant near- and midterm high-quality opportunities with strong return potentials while maintaining a steadfast commitment to governance and community. Australis's board and management team have material experience with, and knowledge of, the cannabis space in the U.S., extensive backgrounds in highly regulated industries, adherence to stringent regulatory compliance, public company, and operational expertise.

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