Australis Capital Inc. announced the company has entered into a supply agreement and, through its majority owned subsidiary ALPS, a facility engineering and design services contract with Belle Fleur Holdings LLC. The agreement furthermore includes ongoing APIS Compliance and Maintenance services. Under the supply arrangement, Belle Fleur will dedicate a certain percentage of its canopy space for the cultivation of AUSA's proprietary cultivars under a cost +5% agreement. The Companies have agreed to jointly explore opportunities for brand collaboration and further expansion in the U.S. Belle Fleur and ALPS have signed a significant facility agreement under which ALPS will provide facility design, construction management and commissioning services. The design phase is progressing well, and the companies anticipate construction to commence in the next 30 days. The facility will benefit from ALPS' intellectual property, including its proprietary APIS service suite, covering compliance and maintenance. The high-tech nature of the facility will result in the cultivation of GMP and GACP compliant world class cannabis, while operating costs will remain in check. ALPS, with over three decades and over 100 million project square feet under its belt, has a highly bankable track record. Its involvement in projects has enabled its customers to obtain financing, which companies had found difficult prior to engaging with ALPS, in large part due to the significant project de-risking that ALPS brings to design, construction and cultivation operations. Under the supply agreement, Belle Fleur will dedicate a percentage of its canopy space to Audacious cultivars. When fully licensed, AUSA will acquire the produced cannabis under a cost plus 5% arrangement. The arrangement provides Belle Fleur with a solid anchor customer, while providing AUSA with long-term access to low-cost, high-quality cannabis. Audacious intends to launch its award-winning brands - Provisions, Tsunami and Mr. Natural in Massachusetts. The arrangement between the companies includes a provision for marketing and delivery of the AUSA products by Belle Fleur, thereby further leveraging the partnership.