Australis Capital Inc announced that its wholly-owned AUDACIOUS NJ, LLC subsidiary has now received approval from the municipality of Millville, New Jersey, for its planned cannabis facility.
The cannabis multi-state operator (MSO) said the final milestone has been met, which clears the way for a submission to the state for conversion of its provisional license to a final license.
“Once our full license is granted, we will have added yet more value to the company in a state that has incredible potential,” Audacious CEO Terry Booth said in a statement.
“Combined with our other East Coast projects, we are one of few, if not the only MSO with adult use operations in New Jersey and New York,” Booth added.
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