Australis Capital says AUDACIOUS opens its first medical cannabis clinic in Thailand

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By Angela Harmantas

Australis Capital Inc (CSE: AUSA, OTCQB:AUSAF) – dba AUDACIOUS – has announced a new partnership with Thailand’s Golden Triangle Health to open the first Herbidus Medical Center in Bangkok, and the first medical cannabis clinic in Southeast Asia that is supported by a US multistate operator.

Herbidus can prescribe cannabis for medical purposes using government-approved medicine and staffed by doctors, Audacious said.

READ: Audacious sees fiscal 3Q revenue balloon to C$2.4M on international expansion, new commercial agreements

Chief Executive Officer (CEO) Terry Booth told investors that interest in medical cannabis is expanding rapidly in Thailand. The clinic has already seen 800 patients through its  doors during a soft launch.

“With the opening of the Herbidus Medical Center, we are looking forward to bringing Audacious’ cannabis expertise and seasoned corporate leadership to the Thai cannabis market,” Booth said in a statement.

The clinic is one of several initiatives that Audacious is working on with Golden Triangle Health, a spinoff from Thai public company NR Instant Produce PCL with a market capitalization close to $400 million. Golden Triangle Health has distribution channels across Thailand, as well as white label capabilities for cannabis product manufacturing.

Golden Triangle Health will also receive support from Audacious chief science officer Jason Dyck, whose support “provides Herbidus with access to one of the global leaders in medical cannabis science”, ensuring Herbidus patients receive the highest standards of care in the industry, Booth said.

Dyck added: “Leveraging the knowledge gained from years of studying one of the world’s largest databases of medical cannabis users, we have made significant advances in understanding the medical conditions that patients are seeking cannabis treatment for as well as studying the health outcomes of these patients. The results of these studies will now become an integral part of the knowledge base of the practitioners at our Herbidus clinics to help our patients.”

AUDACIOUS is a US multistate cannabis operator based in Las Vegas, Nevada.

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