Australis Capital Inc. announced that the company has entered into a collaboration with the Black Institute Group ("B.I.G."). Under the collaboration, The Black Institute Group and AUDACIOUS will work on a number of social equity related initiatives, initially in New York State and potentially elsewhere later on. B.I.G. will advise on strategic approaches on the regulatory guidelines that have been outlined by the New York State Legislature and review the Office of Cannabis Management (OCM) Control Board (CCB) revised regulations as they relate to the needs of AUDACIOUS.

The collaboration is focused on connecting social equity applicants with AUDACIOUS and for AUDACIOUS to engage with social equity licensees to optimize these groups' and individuals' ability to participate in the cannabis industry. The collaboration will be multi-faceted, and will include outreach to municipalities, community groups, politicians, media and other groups, as well as promoting AUDACIOUS and its social equity mission.