Australis Capital Inc., operating as Audacious Brands (CSE: AUSA) (OTC: AUSAF) (“AUSA”, “Audacious”, or the “Company”) today 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 (“Belle Fleur”). The agreement furthermore includes ongoing APIS Compliance and Maintenance services. Under the supply arrangement, (subject to local licensing requirements), 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, founded by the powerhouse cannabis and music industry entrepreneurs behind Californian brand Rapper Weed, Rolandy Romelus , Irvin Whitlow and Domenico Cardarelli , are the holders of a license allowing the development of a Tier 11 high-tech indoor grow facility in Blandford . The Tier 11 license, the largest cultivation license tier available in Massachusetts , allows for up to 100,000 sq ft of canopy space.
Belle Fleur, through its roots in the California legacy market, has access to ultra-premium genetics not currently available in Massachusetts , and intends serving the market with luxury, premium high-end cannabis products.
Like Audacious Brands, Rapper Weed is an MSO. Following their success in California , Belle Fleur now transitions to an ownership model inMassachusetts where, with the assistance of ALPS, it will control the cultivation infrastructure to ensure it always has the high-quality product it is known for. The company is ambitious and intends to grow well beyond its footprint, with an eye on the Eastern U.S. markets. The companies have agreed jointly to explore further opportunities for collaboration in regard to brands and expansion into other jurisdictions.
The supply agreement will enable Audacious Brands to continue to expand its MSO footprint, which now includes Nevada , Arizona , Oklahoma ,Missouri , Washington and Massachusetts . The Company continues to execute on its strategy and anticipates entering additional U.S. markets within the next few weeks.
Rapper Weed – Strong Connection to the Community and Culture – It’s a Lifestyle Thing
Rapper Weed was founded in Los Angeles, California – the mecca of weed culture and the beating heart of cannabis innovation. The brand’s core values consist of growing and manufacturing luxury high-end premium products 100% of the time. The founders of Rapper Weed are true connoisseurs of cannabis and are highly respected by the community and culture. They hold true to these values, never compromising creativity, consistency, quality and potency. Rapper Weed is more than a brand – it’s a lifestyle.
The founders of Belle Fleur are from Boston , they then found success in the music and cannabis industry in California . Now the team is returning to their roots, bringing back the cannabis culture to Boston and throughout the Bay State . Rapper Weed has publicly been endorsed by a large number of lifestyle influencers, including Machine Gun Kelly ( https://www.rapperweed.com/ ), who came to the Company through Irvin Whitlow , a highly successful music industry entrepreneur.
Machine Gun Kelly, when asked for a comment on Rapper Weed, stated, “I just bought $1,000 worth of Rapper Weed at Cookies in Maywood. These guys have the best flower in the game.”
Irvin Whitlow , Co-Founder
Irvin Whitlow , co-founder, commented, “Rapper Weed consumers reflect the lifestyle of which cannabis is an important part. Rather than signing big endorsement deals with single artists, Rapper Weed has a much broader reach, resonates with the culture, and consequently has been adopted as the herb of choice by many of the people we work and interact with. In turn, this creates a broad roster of influencers for Rapper Weed, magnifying our appeal with a larger experienced audience.”
Irvin Whitlow is a highly successful, Grammy award-winning music industry executive, having sold over 30 million records throughout his career. In 2010, Irvin discovered Cleveland native Machine Gun Kelly, who soon after inked a major deal with Bad Boy and Interscope records under the team’s independent imprint, EST 19XX.
In addition to Machine Gun Kelly, Irvin has cultivated relationships with some of the hottest artists and producers in the music industry, such asTravis Barker , Nicki Minaj, Cardi B, Wiz Khalifa , Black Bear, Migos, O.T. Genasis, Young Dro , and many others. His work with producers such asCheeze Beatz and Ayo & Keys, as well as others, has resulted in widespread recognition within the industry and with fans. In 2019 he received a BMI award for his work (songwriter) on 2018 release: “Bartier Cardi” ft 21 Savage off her Grammy award winning/multi-platinum album, Invasion of Privacy.
Mr. Whitlow continued, “We believe in curating authentic moments in which everyone can feel comfortable consuming cannabis. Gone are the days when weed was looked down upon. Cannabis is a social and a medical herb, and we at Belle Fleur and Rapper Weed pride ourselves in creating experiences that show how cannabis is part of a lifestyle, including music, art, fashion and food. We are bringing urban culture to a high-end lifestyle, and now we are taking our brands and knowledge back to Massachusetts and from there to the Eastern U.S.”
Through its roots in California , Belle Fleur has access to ultra-premium genetics, such as Gelato 33, Gelato 42, Runtz, Sunset Sherbert, Mochi, Biscotti, Truffle and others. The Company is also working on expanding its library of proprietary genetics, which includes the XX strain, associated with Machine Gun Kelly.
Belle Fleur and ALPS have signed a significant facility agreement under which ALPS will provide facility design, construction management and (post) 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.
Terry Booth , Audacious CEO, stated, “This arrangement completely validates our strategy and is a great example of how synergies between AUSA/ALPS and our partners Rapper Weed create a win-win-win situation for everyone involved, while creating shareholder value. Our ownership of ALPS, the premier facility design firm in the business, is enabling us to execute on a strategy that is unique and very difficult to imitate. This strategy also de-risks our expansion as…