Leah S. Bailey has joined Australis Capital as Chief Business Development Officer, where she will drive commercial initiatives and provide leadership to the company's corporate development team. With this appointment, AUSA is adding a proven leader with a strong track record in driving revenues and profitability in both the cannabis and consumer packaged goods (CPG) sectors. Previously, Leah was CEO of Fluresh, a U.S. vertically integrated cannabis company based in Michigan, where she built the operation and organization from a startup to become one of the top cannabis businesses in the state. Ms. Bailey holds several directorships with companies such as well-known medical cannabis science leader Tikun Olam USA and Scott's Liquid Gold, as well as is an operating partner for a social equity applicant for craft grow in Illinois.
Prior to her career in the cannabis industry, Ms. Bailey held senior executive positions with internationally renowned CPG companies, such as President of Global Beauty at Helen of Troy Limited ("HOT"). Previously, she was the President & CEO of Paris Presents and held senior management and marketing roles with Alberto Culver (Unilever), GTE Telephone Operations (Verizon), Jovan (Coty), and Quaker Oats (Pepsi). She also led a venture capital backed start-up, Tellaire, which supplied fixed optical wireless telecommunications services. Ms. Bailey holds a BA from Johns Hopkins University and an MBA from Harvard University.
"To fill this important role, we were looking for someone with a proven track record of translating success in the CPG sector to the cannabis industry. When Leah's name came up and we then met, the fit was obvious, and we are delighted that she has agreed to join us," said Terry Booth, CEO. "In addition to her proven leadership skills in making teams and companies succeed, Leah brings the strategic capabilities and network required to execute in the eastern United States. With Leah Bailey, CBDO, and Jon Paul, our CFO, both based out of Chicago, we are able to leverage their strong connections in the Eastern U.S. to accelerate our execution in this region. I look forward to working closely with Leah as we continue to build AUSA into a unique and highly successful MSO."
Ms. Bailey commented, "Three key differentiators attracted me to AUSA: a leadership team with a stellar track record in driving growth and innovation, a unique and ambitious strategy, and a corporate culture carried by a team of high-achievers driven to succeed collaboratively. I have done a deep dive into the Company, its pipeline of opportunities and its assets, and I have come away highly impressed. Consequently, I am a strong believer that AUSA is positioned to be exceptionally successful. I am proud to be taking on this role and to work with Terry Booth and the team to take AUSA to the next level in its development."
CEO Terry Booth in closing stated "AUSA has truly re-entered the American cannabis space, and Leah is an extremely important addition to our team. We have a sound plan and are ready to ignite, excite and delight our shareholders and clients with passion, experience, knowledge and quality."