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AUSTRALIS Completes Definitive Agreement to Acquire Green Therapeutics LLC


AUSTRALIS Completes Definitive Agreement to Acquire Green Therapeutics LLC
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Foundational Asset in AUSA s Multi-State Footprint
Acquisition Agreement Includes Resolution of Litigation by Unwinding Original Transaction
LAS VEGAS, March 12, 2021 /PRNewswire/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) ( AUSA or the Company ) today announced that, further to the Company s press release of January 5, 2021, AUSA has entered into a definitive agreement on March 11, 2021 with, among others, Green Therapeutics LLC ( GT ) and the holders of the issued and outstanding membership interests of GT concerning the acquisition of GT.
The transaction will be completed in two parts, the first being the acquisition of a subsidiary of GT (the Subsidiary ) containing a number of unregulated assets including the GT brands and certain ancillary agreements including brand licensing and management agreements. Subsequently, subject to regul ....

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Australis to Acquire Green Therapeutics LLC


Australis to Acquire Green Therapeutics LLC
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Operationalizes AUSA with Multi-State Footprint
Acquisition Agreement Includes Resolution of Litigation by Unwinding Original Transaction
LAS VEGAS, Jan. 5, 2021 /PRNewswire/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) ( AUSA or the Company ) today announced that the Company has entered into a non-binding term sheet dated January 4, 2020 with Green Therapeutics LLC ( GT ) and the holders of the issued and outstanding membership interests of GT setting forth the terms of a proposed transaction pursuant to which Australis will purchase 100% of the issued and outstanding membership interests in GT. Prior to completing the acquisition, the parties have agreed to settle a previously announced legal dispute regarding the original May 2019 transaction whereby AUSA had acquired certain non-operational GT assets. ....

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As New States Legalize, Cannabis's Environmental Footprint Looms


This article was originally published on The Bluntness, and appears here with permission.
Between Arizona, Mississippi, Montana, South Dakota and New Jersey – all states who have expanded medical and/or adult-use cannabis legalization statewide – there are over 143 million acres of agricultural land for over 20 million Americans. 
But what about the cannabis environmental impact?
The economic possibilities may have investors and entrepreneurs and seeing green, but as climate disasters ravage the United States with floods, fires and storms, one must not forget the impact cannabis mass cultivation can have on local ecology.    
The connotation that marijuana is grown by hippies up in the mountains  with only the most holistic, organic practices is a far cry from a multibillion dollar industry that packages everything in child-proof plastic while competing against a robust black market where cultivation, manufacturing and testing standards can be circumvent ....

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