Australis invests $2 mln in Quality Green's going public deal
Australis Capital has invested $2 million in Quality Green Inc, a Canfield, Ontario-based producer of medical cannabis. The investment is intended to support the company's proposed going public transaction. Founded in 2013, Quality Green operates 385,000 square feet of production space and is expected to produce 35,000 kilos of medical cannabis annually. Earlier this year, Australis, a U.S. investor in the cannabis industry, agreed to acquire Rthm Technologies Inc, a Toronto-based mobile health and fitness app. The deal was closed in November.
3 December 2018•4 mins read
