Australis Capital announced that the Company, together with its partner Hempire, has successfully completed its first harvest of adult-use cannabis in New York State.
Following the successful harvest, the Company has shipped its flower for processing and manufacturing into vapes and edibles. This process will be overseen by Anthony DeMeo, one of the original trailblazers in the cannabis industry with an exemplary reputation for the quality of his extract products. Mr. DeMeo currently also holds the position of co-chair of Commercial Extraction and Manufacturing at Oaksterdam University.
Terry Booth, the CEO, commented, "We are very pleased with the rapid execution of our New York project with Hempire. This harvest sets us up to establish our brand with dispensary owners and generate revenues from adult-use cannabis sales in New York state. We will continue to expand our project and are exploring options for winter cultivation to further boost our growth. With our manufacturing managed by Anthony, who is highly regarded in the medical and legacy cannabis space, consumers can look forward to a highly positive user experience of the AUDACIOUS products."
Audacious' Bob Luciano, aka Mr. Natural, who was present at the harvest, commented, "These were good looking plants with beautiful trichome expression, especially considering they were grown outdoors. This will provide great raw material for a magician such as Anthony to process into high-quality derivative products. I look forward to being able to consume these Audacious products once fully available in New York State."
First sales
The Company is in negotiations with dispensary license candidates to secure pre-sales of its product. The Office of Cannabis Management and Cannabis Control Board recently reiterated that the first adult-use cannabis sales will happen before 2023. Governor Kathy Hochul is also on record stating that the timeline remains on track, with about 20 dispensaries coming online per month after the initial launch.
Anthony DeMeo
Anthony, a founding member of Green Therapeutics LLC, based in Las Vegas, Nevada, is a five-year licensed cannabis operations veteran. He works with multiple businesses to develop robust operating procedures and secure licensing. He has been awarded medical and retail cannabis licenses in multiple states (Production, Cultivation, Distribution, and Dispensary) and created a formula for a successful cannabis manufacturing operation which has resulted in some coveted awards at the cannabis cup. He comes with ample experience from a very highly regulated medical industry and has extensive experience in laboratory science, quality control procedures, developing optimal process flow, and writing standard operating procedures.
Anthony has worked with the majority of the cannabis extraction methods, including various solvents, ice water, and mechanical separation. He also has developed and optimized post-processing techniques to produce high-quality concentrates, distillate, and isolate. New technologies are introduced every year. Anthony's analytical skills are rare and of great benefit to Audacious, with a hands-on approach in determining viability for commercial operations.
For more information:
Audacious 
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